Cell Name Original Value Final Value
Cell Name Original Value Final Value
50 Answer Report
Worksheet: [INFO FINAL.xlsx]Q1
Report Created: 7/2/21 7:02:28 PM
Result: Solver found a solution. All constraints and optimality conditions are satisfied.
Solver Engine
Engine: Simplex LP
Solution Time: 5451.103 Seconds.
Iterations: 4 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
Variable Cells
Cell Name Original Value Final Value Integer
$B$18 Decision Variables 0 0 Contin
$C$18 Decision Variables Activities 0 4.28571428571 Contin
$D$18 Decision Variables 0 0 Contin
$E$18 Decision Variables 0 14.2857142857 Contin
Constraints
Cell Name Cell Value Formula Status
$F$21 Total Benefits 80 $F$21>=$H$21 Binding
$F$22 Total Benefits 10 $F$22>=$H$22 Binding
$F$23 Total Benefits 32.8571428571 $F$23>=$H$23 Not Binding
1%, Assume NonNegative
Slack
0
0
2.8571428571
Microsoft Excel 16.50 Sensitivity Report
Worksheet: [INFO FINAL.xlsx]Q1
Report Created: 7/2/21 7:02:28 PM
Variable Cells
Final Reduced Objective Allowable
Cell Name Value Cost Coefficient Increase
$B$18 Decision Variables 0 0.1428571429 2 1E+030
$C$18 Decision Variables Activities 4.2857142857 0 1 0.2
$D$18 Decision Variables 0 0.1428571429 -1 1E+030
$E$18 Decision Variables 14.285714286 0 3 0.2
Constraints
Final Shadow Constraint Allowable
Cell Name Value Price R.H. Side Increase
$F$21 Total Benefits 80 0.5714285714 80 1E+030
$F$22 Total Benefits 10 0.1428571429 10 6
$F$23 Total Benefits 32.857142857 0 30 2.8571428571
Allowable
Decrease
0.1428571429
0.5
0.1428571429
0.5
Allowable
Decrease
6.6666666667
50
1E+030
Microsoft Excel 16.50 Limits Report
Worksheet: [INFO FINAL.xlsx]Q1
Report Created: 7/2/21 7:02:28 PM
Objective
Cell Name Value
$H$25 Min cost Min Acceptable Level 47.142857143
Variable Cells
Cell Name Original Value Final Value Integer
$B$37 Decision Variables 3 0 Contin
$C$37 Decision Variables Activities 5 4.14285714286 Contin
$D$37 Decision Variables 0 0 Contin
$E$37 Decision Variables 12 14.1428571429 Contin
Constraints
Cell Name Cell Value Formula Status
$F$40 Total Benefits 79 $F$40>=$H$40 Binding
$F$41 Total Benefits 10 $F$41>=$H$41 Binding
$F$42 Total Benefits 32.4285714286 $F$42>=$H$42 Not Binding
1%, Assume NonNegative
Slack
0
0
2.4285714286
Microsoft Excel 16.50 Sensitivity Report
Worksheet: [INFO FINAL.xlsx]Q1
Report Created: 7/2/21 7:03:55 PM
Variable Cells
Final Reduced Objective Allowable
Cell Name Value Cost Coefficient Increase
$B$37 Decision Variables 0 0.1428571429 2 1E+030
$C$37 Decision Variables Activities 4.1428571429 0 1 0.2
$D$37 Decision Variables 0 0.1428571429 -1 1E+030
$E$37 Decision Variables 14.142857143 0 3 0.2
Constraints
Final Shadow Constraint Allowable
Cell Name Value Price R.H. Side Increase
$F$40 Total Benefits 79 0.5714285714 79 1E+030
$F$41 Total Benefits 10 0.1428571429 10 5.8
$F$42 Total Benefits 32.428571429 0 30 2.4285714286
Allowable
Decrease
5.6666666667
49.5
1E+030
Microsoft Excel 16.50 Limits Report
Worksheet: [INFO FINAL.xlsx]Q1
Report Created: 7/2/21 7:03:56 PM
Objective
Cell Name Value
$H$44 Min cost Min Acceptable Level 46.571428571
Variable Cells
Cell Name Original Value Final Value Integer
$B$56 Decision Variables 0 0 Contin
$C$56 Decision Variables Activities 4 3.57142857143 Contin
$D$56 Decision Variables 1 0 Contin
$E$56 Decision Variables 15 14.5714285714 Contin
Constraints
Cell Name Cell Value Formula Status
$F$59 Total Benefits 80 $F$59>=$H$59 Binding
$F$60 Total Benefits 11 $F$60>=$H$60 Binding
$F$61 Total Benefits 32.7142857143 $F$61>=$H$61 Not Binding
1%, Assume NonNegative
Slack
0
0
2.7142857143
Microsoft Excel 16.50 Sensitivity Report
Worksheet: [INFO FINAL.xlsx]Q1
Report Created: 7/2/21 7:04:49 PM
Variable Cells
Final Reduced Objective Allowable
Cell Name Value Cost Coefficient Increase
$B$56 Decision Variables 0 0.1428571429 2 1E+030
$C$56 Decision Variables Activities 3.5714285714 0 1 0.2
$D$56 Decision Variables 0 0.1428571429 -1 1E+030
$E$56 Decision Variables 14.571428571 0 3 0.2
Constraints
Final Shadow Constraint Allowable
Cell Name Value Price R.H. Side Increase
$F$59 Total Benefits 80 0.5714285714 80 1E+030
$F$60 Total Benefits 11 0.1428571429 11 5
$F$61 Total Benefits 32.714285714 0 30 2.7142857143
Cost of A1 has an allowable decrease of 0.14, so is the cost decreases by more than 0.14 then the optimal solutio
Since the cost decreased by 1, the optimal solution changed
Allowable
Decrease
0.1428571429
0.5
0.1428571429
0.5
Allowable
Decrease
6.3333333333
51
1E+030
Objective
Cell Name Value
$H$63 Min cost Min Acceptable Level 47.285714286
Variable Cells
Cell Name Original Value Final Value Integer
$B$75 Decision Variables 20 30 Contin
$C$75 Decision Variables Activities 10 0 Contin
$D$75 Decision Variables 0 0 Contin
$E$75 Decision Variables 0 0 Contin
Constraints
Cell Name Cell Value Formula Status Slack
$F$78 Total Benefits 90 $F$78>=$H$78 Not Binding 10
$F$79 Total Benefits 30 $F$79>=$H$79 Not Binding 20
$F$80 Total Benefits 30 $F$80>=$H$80 Binding 0
sume NonNegative
Microsoft Excel 16.50 Sensitivity Report
Worksheet: [INFO FINAL.xlsx]Q1
Report Created: 7/2/21 7:05:37 PM
Variable Cells
Final Reduced Objective Allowable Allowable
Cell Name Value Cost Coefficient Increase Decrease
$B$75 Decision Variables 30 0 1 0 0
$C$75 Decision Variables Activities 0 0 1 1E+030 0
$D$75 Decision Variables 0 0 -1 1E+030 0
$E$75 Decision Variables 0 1 3 1E+030 1
Constraints
Final Shadow Constraint Allowable Allowable
Cell Name Value Price R.H. Side Increase Decrease
$F$78 Total Benefits 90 0 80 10 1E+030
$F$79 Total Benefits 30 0 10 20 1E+030
$F$80 Total Benefits 30 1 30 1E+030 3.3333333333
Microsoft Excel 16.50 Limits Report
Worksheet: [INFO FINAL.xlsx]Q1
Report Created: 7/2/21 7:05:37 PM
Objective
Cell Name Value
$H$82 Min cost Min Acceptable Level 30
Subject to:
Benefit 1: 3A1 + 2A2 - 2A3 + 5A4 >= 80
Benefit 2: A1 - A2 + A4 >= 10
Benefit 3: A1 + A2 - A3 + 2A4 >= 30
A1, A2, A3, A4 >= 0
Activities
Benefit 1 2 3 4 Min Acceptable Level
1 3 2 -2 5 80
2 1 -1 0 1 10
3 1 1 -1 2 30
Cost Per Unit 2 1 -1 3
Activities
Allocations 1 2 3 4
Decision Variables 0 4.28571429 0 14.2857143
B. Changing Contraint 1 to 79
Activities
Benefit 1 2 3 4 Min Acceptable Level
1 3 2 -2 5 79
2 1 -1 0 1 10
3 1 1 -1 2 30
Cost Per Unit 2 1 -1 3
Activities
Allocations 1 2 3 4
Decision Variables 0 4.14285714 0 14.1428571
Activities
Allocations 1 2 3 4
Decision Variables 0 3.57142857 0 14.5714286
C. Cost of A1 down to 1
Activities
Benefit 1 2 3 4 Min Acceptable Level
1 3 2 -2 5 80
2 1 -1 0 1 10
3 1 1 -1 2 30
Cost Per Unit 1 1 -1 3
Activities
Allocations 1 2 3 4
Decision Variables 30 0 0 0
Min cost 30
Microsoft Excel 16.50 Answer Report
Worksheet: [INFO FINAL.xlsx]Q2
Report Created: 7/2/21 7:22:47 PM
Result: Solver found an integer solution within tolerance. All constraints are satisfied.
Solver Engine
Engine: Simplex LP
Solution Time: 6838.122 Seconds.
Iterations: 0 Subproblems: 32
Solver Options
Max Time Unlimited, Iterations Unlimited, Precision 1E-06, Use Automatic Scaling
Max Subproblems Unlimited, Max Integer Sols Unlimited, Integer Tolerance 1%
Variable Cells
Cell Name Original Value Final Value
$B$18 Decision Variables 0 0
$C$18 Decision Variables Activities 0 5
$D$18 Decision Variables 0 2
$E$18 Decision Variables 0 15
Constraints
Cell Name Cell Value Formula
$F$21 Total Benefits 81 $F$21>=$H$21
$F$22 Total Benefits 10 $F$22>=$H$22
$F$23 Total Benefits 33 $F$23>=$H$23
$B$18 Decision Variables 0 $B$18>=0
$C$18 Decision Variables Activities 5 $C$18>=0
$D$18 Decision Variables 2 $D$18>=0
$E$18 Decision Variables 15 $E$18>=0
$B$18:$E$18=Integer
Integer
Integer
Integer
Integer
Integer
Status Slack
Not Binding 1
Binding 0
Not Binding 3
Binding 0
Binding 0
Binding 0
Not Binding 15
Microsoft Excel 16.50 Answer Report
Worksheet: [INFO FINAL.xlsx]Q2
Report Created: 7/2/21 7:28:46 PM
Result: Solver found a solution. All constraints and optimality conditions are satisfied.
Solver Engine
Engine: Simplex LP
Solution Time: 6667.637 Seconds.
Iterations: 1 Subproblems: 2
Solver Options
Max Time Unlimited, Iterations Unlimited, Precision 0.000001, Use Automatic Scaling
Max Subproblems Unlimited, Max Integer Sols Unlimited, Integer Tolerance 1%
Variable Cells
Cell Name Original Value Final Value
$B$38 Decision Variables 1 1
$C$38 Decision Variables Activities 4 4
$D$38 Decision Variables 0 0
$E$38 Decision Variables 14 14
Constraints
Cell Name Cell Value Formula
$F$41 Total Benefits 81 $F$41>=$H$41
$F$42 Total Benefits 11 $F$42>=$H$42
$F$43 Total Benefits 33 $F$43>=$H$43
$B$38 Decision Variables 1 $B$38>=0
$C$38 Decision Variables Activities 4 $C$38>=0
$D$38 Decision Variables 0 $D$38>=0
$E$38 Decision Variables 14 $E$38>=0
$B$38:$E$38=Integer
Integer
Integer
Integer
Integer
Integer
Status Slack
Binding 0
Binding 0
Not Binding 3
Not Binding 1
Binding 0
Binding 0
Not Binding 14
Min Cost = 2A1 + A2 - A3 + 3A4
Subject to:
Benefit 1: 3A1 + 2A2 - 2A3 + 5A4 >= 80
Benefit 2: A1 - A2 + A4 >= 10
Benefit 3: A1 + A2 - A3 + 2A4 >= 30
A1, A2, A3, A4 >= 0
Activities
Benefit 1 2 3 4 Min Acceptable Level
1 3 2 -2 5 80
2 1 -1 0 1 10
3 1 1 -1 2 30
Cost Per Unit 2 1 -1 3
Activities
Allocations 1 2 3 4
Decision Variables 0 5 2 15
Min cost
solution is higher because the sum of benefit 3 is higher since the program rounded up from 32.8 to 33
Activities
Allocations 1 2 3 4
Decision Variables 1 4 0 14
Min cost
Activities 1 and 2 are higher in all 3 benefits, Activity 3 is higher in benefits 1 and 3 while no change to benefit 2.
Activity 4 is lower in all 3 benefits
Min Acceptable Level
80
10
30
48
rom 32.8 to 33
48
no change to benefit 2.
Decision Variables
2 x 2 x 3 = 12
Constraints
Plant 1 Capacity 1400 = 1400
Plant 2 Capacity 0= 1600
Transfer Center 3 0= 0
Transfer Center 4 0= 0
Demand Dealers 5 1200 = 1200
Demand Dealers 6 0= 1000
Demand Dealers 7 800 = 800
Min 19000
X4-5 X4-6 X4-7 X3-4 X6-5 X6-7
0 0 0 1400 1200 800
5 4 3 7 5 4
Microsoft Excel 16.50 Answer Report
Worksheet: [INFO FINAL.xlsx]Q4
Report Created: 7/2/21 8:50:56 PM
Result: Solver found a solution. All constraints and optimality conditions are satisfied.
Solver Engine
Engine: Simplex LP
Solution Time: 1178.59 Seconds.
Iterations: 7 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
Variable Cells
Cell Name Original Value Final Value Integer
$A$5 X1 6000 6000 Integer
$B$5 X2 7500 0 Integer
$C$5 X3 4000 4000 Integer
$D$5 X4 5000 0 Integer
$E$5 Y1 1 1 Binary
$F$5 Y2 1 0 Binary
$G$5 Y3 1 1 Binary
$H$5 Y4 1 0 Binary
Constraints
Cell Name Cell Value Formula Status Slack
$B$12 X1 X2 6000 $B$12<=$D$12 Binding 0
$B$13 X2 X2 0 $B$13<=$D$13 Binding 0
$B$14 X3 X2 4000 $B$14<=$D$14 Binding 0
$B$15 X4 X2 0 $B$15<=$D$15 Binding 0
$B$16 X5 X2 10000 $B$16>=$D$16 Binding 0
$A$5:$D$5=Integer
$E$5:$H$5=Binary
Assume NonNegative
X= number of hoses produced by machine
y= 1 if machine is used, and 0 if machine is not used
Min Cost = 750Y1 + 500Y2 +1,000Y3 + 300 Y4 +1.25X1 + 1.50X2 + 1.00X3 + 2.00X4
X1 X2 X3 X4 Y1 Y2 Y3
6000 0 4000 0 1 0 1
1.25 1.5 1 2 750 500 1000
Min Z
13250
Contraints
C1 6000 <= 6000 Machine 1 Capaciy
C2 0 <= 0 Machine 2 Capacity
C3 4000 <= 4000 Machine 3 Capacity
C4 0 <= 0 Machine 4 Capacity
C5 10000 >= 10,000 Total Garden Hoses
X1 X2 X3 X4 Y1 Y2 Y3
0 0 4000 5000 0 0 1
1.25 1.5 1 2 750 500 1000
Min
-15300
Contraints
C1 0 <= 0 Machine 1 Capacity
C2 0 <= 0 Machine 2 Capacity
C3 4000 <= 4000 Machine 3 Capacity
C4 5000 <= 5000 Machine 4 Capacity
C5 9000 >= 10,000 Total Garden Hoses
C6 1 >= 1 If Machine 3 is used
C7 0= 0 No Machine 1, if 3 is used
Y4
0
300
Y4
1
300
Units Sold Prob Cumulative Prob Fixed Cost
0 2,000 0.15 0.15 200,000
0.15 5,000 0.45 0.6
0.6 7,500 0.4 1
Trial Selling Price Variable Cost Fixed cost Units Sold Net Profit
1 80 55 190992.41608 7500 $ (3,492.42)
2 80 52 202468.13199 5000 $ (62,468.13)
3 80 54 200726.23994 5000 $ (70,726.24)
4 80 55 221312.0502 7500 $ (33,812.05)
5 80 49 222166.76111 7500 $ 10,333.24
6 80 51 180295.00426 5000 $ (35,295.00)
7 80 46 217879.83467 7500 $ 37,120.17
8 80 52 203606.96437 5000 $ (63,606.96)
9 80 54 190540.79104 7500 $ 4,459.21
10 80 53 218917.44897 5000 $ (83,917.45)
11 80 47 199002.84482 7500 $ 48,497.16
12 80 54 179634.65573 7500 $ 15,365.34
13 80 47 198388.66829 7500 $ 49,111.33
14 80 55 140895.52259 5000 $ (15,895.52)
15 80 50 229552.13638 7500 $ (4,552.14)
16 80 55 197337.75664 2000 $ (147,337.76)
17 80 49 207359.69245 5000 $ (52,359.69)
18 80 46 209406.19144 5000 $ (39,406.19)
19 80 47 133275.85104 7500 $ 114,224.15
20 80 50 205888.36618 7500 $ 19,111.63
21 80 46 246271.53502 2000 $ (178,271.54)
22 80 50 225076.38587 7500 $ (76.39)
23 80 45 181845.18285 5000 $ (6,845.18)
24 80 52 199241.29921 7500 $ 10,758.70
25 80 49 235606.40152 5000 $ (80,606.40)
26 80 55 192948.83773 7500 $ (5,448.84)
27 80 45 219588.28209 7500 $ 42,911.72
28 80 50 146645.45784 2000 $ (86,645.46)
29 80 50 184453.35182 7500 $ 40,546.65
30 80 50 211531.31889 5000 $ (61,531.32)
31 80 55 216466.3858 5000 $ (91,466.39)
32 80 51 222494.0184 7500 $ (4,994.02)
33 80 50 183692.04101 7500 $ 41,307.96
34 80 54 227489.97306 7500 $ (32,489.97)
35 80 53 203159.85747 7500 $ (659.86)
36 80 46 204749.51666 5000 $ (34,749.52)
37 80 52 198799.74716 5000 $ (58,799.75)
38 80 55 216638.57931 5000 $ (91,638.58)
39 80 51 189602.54776 5000 $ (44,602.55)
40 80 50 177993.22697 5000 $ (27,993.23)
41 80 53 239294.63819 5000 $ (104,294.64)
42 80 55 273224.73273 7500 $ (85,724.73)
43 80 53 191833.58829 7500 $ 10,666.41
44 80 53 195488.26974 2000 $ (141,488.27)
45 80 54 194154.28592 5000 $ (64,154.29)
46 80 51 214837.80396 5000 $ (69,837.80)
47 80 46 190680.62901 2000 $ (122,680.63)
48 80 54 172560.67992 5000 $ (42,560.68)
49 80 45 228151.34714 2000 $ (158,151.35)
50 80 53 206503.06901 5000 $ (71,503.07)
Average $ (36,713.41)
Standard Deviation Selling Price
20,000 80
# of Losses % of Losses
1 33 66%
2
3 I would not invest in this company as
4 it has over a 50% chance of having a net loss
5
6
7
8
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33