Microsoft Excel 16.

0 Answer Report
Worksheet: [Class 04-Sensitivity Analysis.xlsx]Original Problem
Report Created: 6/27/2018 6:54:02 PM
Result: Solver found a solution. All Constraints and optimality conditions are satisfied.
Solver Engine
Engine: Simplex LP
Solution Time: 0.015 Seconds.
Iterations: 3 Subproblems: 0
Solver Options
Max Time Unlimited, Iterations Unlimited, Precision 0.000001
Max Subproblems Unlimited, Max Integer Sols Unlimited, Integer Tolerance 1%, Assume NonNegative

Objective Cell (Max)

Cell Name Original Value Final Value
$D$6 Profit $0.00 $4,040.00

Variable Cells
Cell Name Original Value Final Value Integer
$B$5 Number of units Tables 0 320 Contin
$C$5 Number of units Chairs 0 360 Contin

Constraints
Cell Name Cell Value Formula Status Slack
$D$10 Maximum Chairs 360 $D$10<=$F$10 Not Binding 90
$D$11 Minimum Tables 320 $D$11>=$F$11 Not Binding 220
$D$8 Carpentry Hours 2,400 $D$8<=$F$8 Binding 0
$D$9 Painting Hours 1,000 $D$9<=$F$9 Binding 0
Microsoft Excel 16.0 Sensitivity Report
Worksheet: [Class 04-Sensitivity Analysis.xlsx]Original Problem
Report Created: 6/27/2018 6:54:02 PM

Variable Cells
Final Reduced Objective Allowable Allowable
Cell Name Value Cost Coefficient Increase Decrease
$B$5 Number of units Tables 320 0 7 3 3.25
$C$5 Number of units Chairs 360 0 5 4.3333333333 1.5

Constraints
Final Shadow Constraint Allowable Allowable
Cell Name Value Price R.H. Side Increase Decrease
$D$10 Maximum Chairs 360 0 450 1E+030 90
$D$11 Minimum Tables 320 0 100 220 1E+030
$D$8 Carpentry Hours 2400 0.6 2400 225 900
$D$9 Painting Hours 1000 2.6 1000 600 150
Flair Furniture Company

T C
Tables Chairs
Number of units 320 360
Profit $7.0 $5.0 $4,040.00
Constraints:
Carpentry Hours 3 4 2,400 <= 2,400
Painting Hours 2 1 1,000 <= 1,000
Maximum Chairs 0 1 360 <= 450
Minimum Tables 1 0 320 >= 100
LHS Sign RHS

LP Formulation

Maximize 7𝑇+5𝐶
Subject to 3𝑇+4𝐶≤2,400 (carpentry time)
2𝑇+ 𝐶≤1,000 (painting time)
𝐶≤450 (maximum chairs
allowed)
𝑇≥100 (minimum tables
required)
𝑇, 𝐶≥0 (nonnegativity)
Microsoft Excel 16.0 Answer Report
Worksheet: [Class 04-Sensitivity Analysis.xlsx]Modified Problem
Report Created: 6/27/2018 8:07:30 PM
Result: Solver found a solution. All Constraints and optimality conditions are satisfied.
Solver Engine
Engine: Simplex LP
Solution Time: 0.015 Seconds.
Iterations: 2 Subproblems: 0
Solver Options
Max Time Unlimited, Iterations Unlimited, Precision 0.000001
Max Subproblems Unlimited, Max Integer Sols Unlimited, Integer Tolerance 1%, Assume NonNegative

Objective Cell (Max)

Cell Name Original Value Final Value
$D$6 Profit $4,040.00 $5,600.00

Variable Cells
Cell Name Original Value Final Value Integer
$B$5 Number of units Tables 320 800 Contin
$C$5 Number of units Chairs 360 0 Contin

Constraints
Cell Name Cell Value Formula Status Slack
$D$10 Maximum Chairs 0 $D$10<=$F$10 Not Binding 450
$D$11 Minimum Tables 800 $D$11>=$F$11 Not Binding 700
$D$8 Carpentry Hours 2,400 $D$8<=$F$8 Binding 0
$D$9 Painting Hours 1,600 $D$9<=$F$9 Not Binding 100
Microsoft Excel 16.0 Sensitivity Report
Worksheet: [Class 04-Sensitivity Analysis.xlsx]Modified Problem
Report Created: 6/27/2018 8:07:30 PM

Variable Cells
Final Reduced Objective Allowable Allowable
Cell Name Value Cost Coefficient Increase Decrease
$B$5 Number of units Tables 800 0 7 1E+030 3.25
$C$5 Number of units Chairs 0 -4.3333333333 5 4.3333333333 1E+030

Constraints
Final Shadow Constraint Allowable Allowable
Cell Name Value Price R.H. Side Increase Decrease
$D$10 Maximum Chairs 0 0 450 1E+030 450
$D$11 Minimum Tables 800 0 100 700 1E+030
$D$8 Carpentry Hours 2400 2.3333333333 2400 150 2100
$D$9 Painting Hours 1600 0 1700 1E+030 100
Flair Furniture Company

T C
Tables Chairs
Number of units 800 0
Profit $7.0 $5.0 $5,600.00
Constraints:
Carpentry Hours 3 4 2,400 <= 2,400
Painting Hours 2 1 1,600 <= 1,700
Maximum Chairs 0 1 0 <= 450
Minimum Tables 1 0 800 >= 100
LHS Sign RHS

LP Formulation

Maximize 7𝑇+5𝐶
Subject to 3𝑇+4𝐶≤2,400 (carpentry time)
2𝑇+ 𝐶≤1,000 (painting time)
𝐶≤450 (maximum chairs
allowed)
𝑇≥100 (minimum tables
required)
𝑇, 𝐶≥0 (nonnegativity)
Microsoft Excel 16.0 Answer Report
Worksheet: [Class 04-Sensitivity Analysis.xlsx]Modified Problem 2
Report Created: 6/27/2018 8:37:00 PM
Result: Solver found a solution. All Constraints and optimality conditions are satisfied.
Solver Engine
Engine: Simplex LP
Solution Time: 0.015 Seconds.
Iterations: 2 Subproblems: 0
Solver Options
Max Time Unlimited, Iterations Unlimited, Precision 0.000001
Max Subproblems Unlimited, Max Integer Sols Unlimited, Integer Tolerance 1%, Assume NonNegative

Objective Cell (Max)

Cell Name Original Value Final Value
$D$6 Profit $6,600.00 $7,500.00

Variable Cells
Cell Name Original Value Final Value Integer
$B$5 Number of units Tables 320 500 Contin
$C$5 Number of units Chairs 360 0 Contin

Constraints
Cell Name Cell Value Formula Status Slack
$D$10 Maximum Chairs 0 $D$10<=$F$10 Not Binding 450
$D$11 Minimum Tables 500 $D$11>=$F$11 Not Binding 400
$D$8 Carpentry Hours 1,500 $D$8<=$F$8 Not Binding 900
$D$9 Painting Hours 1,000 $D$9<=$F$9 Binding 0
Microsoft Excel 16.0 Sensitivity Report
Worksheet: [Class 04-Sensitivity Analysis.xlsx]Modified Problem 2
Report Created: 6/27/2018 8:37:00 PM

Variable Cells
Final Reduced Objective Allowable Allowable
Cell Name Value Cost Coefficient Increase Decrease
$B$5 Number of units Tables 500 0 15 1E+030 5
$C$5 Number of units Chairs 0 -2.5 5 2.5 1E+030

Constraints
Final Shadow Constraint Allowable Allowable
Cell Name Value Price R.H. Side Increase Decrease
$D$10 Maximum Chairs 0 0 450 1E+030 450
$D$11 Minimum Tables 500 0 100 400 1E+030
$D$8 Carpentry Hours 1500 0 2400 1E+030 900
$D$9 Painting Hours 1000 7.5 1000 600 800
Flair Furniture Company

T C
Tables Chairs
Number of units 500 0
Profit $15.0 $7.0 $7,500.00
Constraints:
Carpentry Hours 3 4 1,500 <= 2,400
Painting Hours 2 1 1,000 <= 1,000
Maximum Chairs 0 1 0 <= 450
Minimum Tables 1 0 500 >= 100
LHS Sign RHS

LP Formulation

Maximize 7𝑇+5𝐶
Subject to 3𝑇+4𝐶≤2,400 (carpentry time)
2𝑇+ 𝐶≤1,000 (painting time)
𝐶≤450 (maximum chairs
allowed)
𝑇≥100 (minimum tables
required)
𝑇, 𝐶≥0 (nonnegativity)