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Cell Name Original Value Final Value

This document contains several reports generated from an Excel optimization model for a craft store. The optimal solution has profits of $1360 by producing 24 bowls and 8 mugs. This satisfies all constraints of using no more than 40 hours of labor and 120 pounds of clay. Sensitivity analysis shows the optimal solution is stable to changes in resource availability or product prices.

Uploaded by

Rohit Oberoi
Copyright
© Attribution Non-Commercial (BY-NC)
Available Formats
Download as XLSX, PDF, TXT or read online on Scribd
23 views

Cell Name Original Value Final Value

This document contains several reports generated from an Excel optimization model for a craft store. The optimal solution has profits of $1360 by producing 24 bowls and 8 mugs. This satisfies all constraints of using no more than 40 hours of labor and 120 pounds of clay. Sensitivity analysis shows the optimal solution is stable to changes in resource availability or product prices.

Uploaded by

Rohit Oberoi
Copyright
© Attribution Non-Commercial (BY-NC)
Available Formats
Download as XLSX, PDF, TXT or read online on Scribd
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Microsoft Excel 12.0 Answer Report Worksheet: [OM.

xlsx]Sheet1 Report Created: 21-01-2013 10:14:31

Target Cell (Max) Cell Name $C$12 profits bowl

Original Value Final Value 0 1360

Adjustable Cells Cell Name $C$10 bowl bowl $C$11 mugs bowl

Original Value Final Value 0 24 0 8

Constraints Cell Name $F$6 labor(hr/unit) usage $F$7 clay(lb/unit) usage $C$10 bowl bowl $C$11 mugs bowl

Cell Value 40 120 24 8

Formula $F$6<=$E$6 $F$7<=$E$7 $C$10>=0 $C$11>=0

Status Binding Binding Not Binding Not Binding

Slack 0 0 24 8

Microsoft Excel 12.0 Sensitivity Report Worksheet: [OM.xlsx]Sheet1 Report Created: 21-01-2013 10:15:39

Adjustable Cells Cell Name $C$10 bowl bowl $C$11 mugs bowl Constraints Cell Name $F$6 labor(hr/unit) usage $F$7 clay(lb/unit) usage Final Shadow Constraint Value Price R.H. Side 40 16 40 120 6 120 Allowable Allowable Increase Decrease 40 10 40 60 Final Reduced Objective Allowable Allowable Value Cost Coefficient Increase Decrease 24 0 40 26.66666667 15 8 0 50 30 20

Microsoft Excel 12.0 Answer Report Worksheet: [OM.xlsx]Sheet1 Report Created: 21-01-2013 10:16:13

Target Cell (Max) Cell Name $C$12 profits bowl

Original Value Final Value 1360 1360

Adjustable Cells Cell Name $C$10 bowl bowl $C$11 mugs bowl

Original Value Final Value 24 24 8 8

Constraints Cell Name $F$6 labor(hr/unit) usage $F$7 clay(lb/unit) usage $C$10 bowl bowl $C$11 mugs bowl

Cell Value 40 120 24 8

Formula $F$6<=$E$6 $F$7<=$E$7 $C$10>=0 $C$11>=0

Status Binding Binding Not Binding Not Binding

Slack 0 0 24 8

Microsoft Excel 12.0 Sensitivity Report Worksheet: [OM.xlsx]Sheet1 Report Created: 21-01-2013 10:16:14

Adjustable Cells Cell Name $C$10 bowl bowl $C$11 mugs bowl Constraints Cell Name $F$6 labor(hr/unit) usage $F$7 clay(lb/unit) usage Final Shadow Constraint Value Price R.H. Side 40 16 40 120 6 120 Allowable Allowable Increase Decrease 40 10 40 60 Final Reduced Objective Allowable Allowable Value Cost Coefficient Increase Decrease 24 0 40 26.66666667 15 8 0 50 30 20

Microsoft Excel 12.0 Limits Report Worksheet: [OM.xlsx]Limits Report 1 Report Created: 21-01-2013 10:16:14

Target Cell Name $C$12 profits bowl

Value 1360

Adjustable Cell Name $C$10 bowl bowl $C$11 mugs bowl

Value 24 8

Lower Target Limit Result 0 400 0 960

Upper Target Limit Result 24 1360 8 1360

Microsoft Excel 12.0 Answer Report Worksheet: [OM.xlsx]Sheet1 Report Created: 21-01-2013 10:16:34

Target Cell (Max) Cell Name $C$12 profits bowl

Original Value Final Value 1360 1360

Adjustable Cells Cell Name $C$10 bowl bowl $C$11 mugs bowl

Original Value Final Value 24 24 8 8

Constraints Cell Name $F$6 labor(hr/unit) usage $F$7 clay(lb/unit) usage $C$10 bowl bowl $C$11 mugs bowl

Cell Value 40 120 24 8

Formula $F$6<=$E$6 $F$7<=$E$7 $C$10>=0 $C$11>=0

Status Binding Binding Not Binding Not Binding

Slack 0 0 24 8

Microsoft Excel 12.0 Sensitivity Report Worksheet: [OM.xlsx]Sheet1 Report Created: 21-01-2013 10:16:34

Adjustable Cells Cell Name $C$10 bowl bowl $C$11 mugs bowl Constraints Cell Name $F$6 labor(hr/unit) usage $F$7 clay(lb/unit) usage Final Shadow Constraint Value Price R.H. Side 40 16 40 120 6 120 Allowable Allowable Increase Decrease 40 10 40 60 Final Reduced Objective Allowable Allowable Value Cost Coefficient Increase Decrease 24 0 40 26.66666667 15 8 0 50 30 20

Microsoft Excel 12.0 Limits Report Worksheet: [OM.xlsx]Limits Report 2 Report Created: 21-01-2013 10:16:34

Target Cell Name $C$12 profits bowl

Value 1360

Adjustable Cell Name $C$10 bowl bowl $C$11 mugs bowl

Value 24 8

Lower Target Limit Result 0 400 0 960

Upper Target Limit Result 24 1360 8 1360

Highland Craft store Products profit per unit resources labor(hr/unit) clay(lb/unit) production bowl mugs profits bowl 40 1 4 mug 50 available usage leftover 2 40 40 0 3 120 120 0

24 8 1360

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