Microsoft Excel 16.

0 Answer Report
Worksheet: [04 LP Sensitivity Analysis - Carpenter's Problem 20211020.xlsx]Model
Report Created: 20-10-2021 10:53:14
Result: Solver found a solution. All Constraints and optimality conditions are satisfied.
Solver Engine
Engine: Simplex LP
Solution Time: 0.031 Seconds.
Iterations: 2 Subproblems: 0
Solver Options
Max Time Unlimited, Iterations Unlimited, Precision 0.000001, Use Automatic Scaling
Max Subproblems Unlimited, Max Integer Sols Unlimited, Integer Tolerance 1%, Assume NonNegative

Objective Cell (Max)

Cell Name Original Value Final Value
$D$11 Total Profit 0 96

Variable Cells
Cell Name Original Value Final Value Integer
$B$8 Tables 0 4 Contin
$C$8 Chairs 0 8 Contin

Constraints
Cell Name Cell Value Formula Status Slack
$D$14 Wood reqd. LHS 140 $D$14<=$F$14 Binding 0
$D$15 Labour time reqd. LHS 56 $D$15<=$F$15 Binding 0
Microsoft Excel 16.0 Sensitivity Report
Worksheet: [04 LP Sensitivity Analysis - Carpenter's Problem 20211020.xlsx]Model
Report Created: 20-10-2021 10:53:14

Variable Cells
Final Reduced Objective Allowable Allowable
Cell Name Value Cost Coefficient Increase Decrease
$B$8 Tables 4 0 10 0.5 4.4
$C$8 Chairs 8 0 7 5.5 0.3333333333

Constraints
Final Shadow Constraint Allowable Allowable
Cell Name Value Price R.H. Side Increase Decrease
$D$14 Wood reqd. LHS 140 0.6285714286 140 70 28
$D$15 Labour time reqd. LHS 56 0.1428571429 56 14 18.666666667
Microsoft Excel 16.0 Limits Report
Worksheet: [04 LP Sensitivity Analysis - Carpenter's Problem 20211020.xlsx]Model
Report Created: 20-10-2021 10:53:14

Objective
Cell Name Value
$D$11 Total Profit 96

Variable Lower Objective Upper Objective

Cell Name Value Limit Result Limit Result
$B$8 Tables 4 0 56 4 96
$C$8 Chairs 8 0 40 8 96
 Carpenter's Problem

Definition of decision variables:

x1 = number of tables to produce
x2 = number of chairs to produce

Decisions Variables: x1 x2 7 5.5 0.333 12.5 6.667

Product 4 8

Objective Function: Total Profit

10 7 96

Constraints: LHS Type RHS Units

Wood reqd. 15 10 140 <= 140 cuft
Labour time reqd. 4 5 56 <= 56 hours