Microsoft Excel 14.

0 Sensitivity Report
Worksheet: [Book1]Sheet1
Report Created: 09-02-2021 10:50:18

Variable Cells ( Objective function only)

Final Reduced Objective Allowable Allowable
Cell Name Value Cost Coefficient Increase Decrease
$B$3 18 0 40 6.6666666666667 16.666666667
$C$3 8 0 35 25 5
18=x1, 8=x2 40+6.666 40-16.6666 35+25
Constraints Only 46.666666666667 23.333333333 60
Final Shadow Constraint Allowable Allowable
Cell Name Value Price R.H. Side Increase Decrease
$E$4 60 3.3333333333 60 36 12 raw material
$E$6 96 8.3333333333 96 24 36 labour

Shadow Price tells one unit of increase in the right hand side of the constrait , will increase the profit by 3.3 RS more.

For labour if it is 50, then, it is 1000- 10*3.333, 10 = 60-50

For labour if it is 125, then, it is 1000+ 5*8.333, 5= 125-120
 35-5 for the bucket, profit upto this range of 23.33 to 46.666, the solution of x1=18 and x2= 8 remains the same, bey
30 for the mug, profit upto this range of 30.1 to 59.99, the solution of x1=18 and x2= 8 remains the same, beyond

60+36= 96 60-12= 48 for the raw material, this range of 96 to 48, the shadow price of 3.3 remains the same, be
96+24=120 96-36=60 for the labour, this range of 60 to 120, the shadow price of 3.3 remains the same, beyond

fit by 3.3 RS more.

= 8 remains the same, beyond this range the solution will change.
emains the same, beyond this range the solution will change.

3.3 remains the same, beyond this range the solution will change.
emains the same, beyond this range the solution will change.
Microsoft Excel 14.0 Sensitivity Report
Worksheet: [Book1]Sheet1
Report Created: 09-02-2021 10:57:06

Variable Cells
Final Reduced Objective Allowable Allowable
Cell Name Value Cost Coefficient Increase Decrease
$B$13 0 -2.25 4 2.25 1E+030
$C$13 0 -2.5 10 2.5 1E+030
$D$13 3.125 0 25 1E+030 5

Constraints
Final Shadow Constraint Allowable Allowable
Cell Name Value Price R.H. Side Increase Decrease
$F$14 25 3.125 25 5 25
$F$16 25 0 30 1E+030 5
$F$18 6.25 0 40 1E+030 33.75
Q1) Using Sumproduct function and
doing sensitivity analysis and using solver:
Maximization
40 35
18 8
contraint 1 2 3 60 60

constraint 2 4 3 96 96

optimal 1000

Q2) Using Sumproduct funtion: maximization 4 10 25

0 0 3.125
constraint 1 2 4 8 25 25

constraint 2 4 9 8 25 30

constraint 3 6 8 2 6.25 40

optimal 78.125
Microsoft Excel 14.0 Sensitivity Report
Worksheet: [MS solver.xlsx]Sheet2
Report Created: 11-02-2021 08:41:21

Q3)
Variable Cells
Final Reduced Objective Allowable Allowable
Cell Name Value Cost Coefficient Increase Decrease
$C$6 order size Bicycle 94 0 100 50 12.5
$D$6 order size Moped 54 0 300 66.666666667 100
$E$6 order size Child Seats 0 -20 50 20 1E+030
**the reduced cost shows that the product is underpriced by 20 rs, it should been 70 a
Constraints
Final Shadow Constraint Allowable Allowable
Cell Name Value Price R.H. Side Increase Decrease
$G$7 capital 93000 0.1666666667 93000 28200 32400
$G$8 storage 101 100 101 54 23.5

*Reduced cost appears when we get a zero for one of the variables
 ranges Fisrt table focuses on the obj functio
100+50 100-12.5
300+66.66 300-100
50+20 50- 1E+30 this means that on the lower limit the value extends to infinity. It will be the same thing if this come
erpriced by 20 rs, it should been 70 and not 50 as price.
 focuses on the obj function and coefficient

he same thing if this comes for the uper limit.

Microsoft Excel 14.0 Sensitivity Report
Worksheet: [MS solver.xlsx]Sheet2
Report Created: 11-02-2021 09:07:39
Q4)

Variable Cells
Final Reduced Objective Allowable Allowable
Cell Name Value Cost Coefficient Increase Decrease RANGES
$C$20 3.3333333333 0 60 36 12 60+36
$D$20 8.3333333333 0 96 24 36 96+24

Constraints
Final Shadow Constraint Allowable Allowable
Cell Name Value Price R.H. Side Increase Decrease RANGES
$F$21 Labour optimal 40 18 40 6.6666666667 16.666666667 40+6.66
$F$23 Raw material optimal 35 8 35 25 5 35+25

If the labour goes up to 48, we will incraese the cost by 2*18+1000

If the material goes down to below 30 to 28, we will decrease the cost by 1000-2*18

* For the constraint table for shadow price the extreme kimits can also be taken.
** For the Objective table the limits extreme is not taken , it will change our final values.
RANGES
60-12
96-36 FOR THESE RANGES, IF WE RESTRICT OUR NOS WITHIN THESE RANGES ,, THEN THE FINAL VALUES WONT CHANGE

RANGES
40-16.66 46.66667 23.33333
35-5
ANGES ,, THEN THE FINAL VALUES WONT CHANGE
Q3) MAXIMIZATION

Bicycle Moped Child Seats

prices 100 300 50
order size 94 54 0
capital 300 1200 120 93000 93000
storage 0.5 1 0.5 101 101

optimal 25600

Analysis: For max profit we should order 94 bicycles, 54 mopeds and 0 child seats

Q4) MINIMIZATION
60 96
3.33333333333 8.33333333
Labour 2 4 40 40

Raw material 3 3 35 35

OPTIMAL 1000