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Final Reduced Objective Allowable Allowable Cell Name Value Cost Coefficient Increase Decrease

This report summarizes the results of two sensitivity analyses performed in Microsoft Excel on optimization problems involving production decisions. The first analysis examined a worksheet modeling production of chairs and tables with wood and labor hour constraints. The second analyzed a worksheet optimizing knife settings with constraints on the number of rolls for different sizes. Both reports list the optimal values of decision variables, shadow prices of constraints, and allowable increases/decreases for right-hand sides.

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Suman Mandal
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52 views5 pages

Final Reduced Objective Allowable Allowable Cell Name Value Cost Coefficient Increase Decrease

This report summarizes the results of two sensitivity analyses performed in Microsoft Excel on optimization problems involving production decisions. The first analysis examined a worksheet modeling production of chairs and tables with wood and labor hour constraints. The second analyzed a worksheet optimizing knife settings with constraints on the number of rolls for different sizes. Both reports list the optimal values of decision variables, shadow prices of constraints, and allowable increases/decreases for right-hand sides.

Uploaded by

Suman Mandal
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as XLSX, PDF, TXT or read online on Scribd
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Microsoft Excel 14.

0 Sensitivity Report
Worksheet: [New Microsoft Excel Worksheet.xlsx]Sheet1
Report Created: 21-02-2017 19:53:22

Variable Cells
Final Reduced Objective Allowable Allowable
Cell Name Value Cost Coefficient Increase Decrease
$D$5 X1 24 0 450 83.333333333 250
$E$5 X2 14 0 800 1000 125

Constraints
Final Shadow Constraint Allowable Allowable
Cell Name Value Price R.H. Side Increase Decrease
$F$7 wood LHS 400 10 400 200 175
$F$8 Manhour LHS 450 40 450 350 150
Chair table
X1 X2
24 14
LHS RHS
wood 5 20 400 400
Manhour 10 15 450 450

profit 450 800

Total Profit 22000


Microsoft Excel 14.0 Sensitivity Report
Worksheet: [New Microsoft Excel Worksheet.xlsx]Trim Loss
Report Created: 01-03-2017 23:12:16

Variable Cells
Final Reduced Objective Allowable Allowable
Cell Name Value Cost Coefficient Increase Decrease
$B$4 X1 12.5 0 0 0 0
$C$4 X2 0 2.5 3 1.000E+030 2.5
$D$4 X3 0 0 1 1.000E+030 0
$E$4 X4 0 2.5 4 1.000E+030 2.5
$F$4 X5 100 0 1 5 1
$G$4 X6 150 0 2 0 2

Constraints
Final Shadow Constraint Allowable Allowable
Cell Name Value Price R.H. Side Increase Decrease
$H$6 5" LHS 150 0 150 1.000E+030 50
$H$7 7" LHS 200 0.5 200 100 200
$H$8 9" LHS 300 1 300 1.000E+030 300
Knife Setting
1 2 3 4 5 6
X1 X2 X3 X4 X5 X6
Nos. of Rolls
12.5 0 0 0 100 150
LHS
5" 4 2 2 0 1 0 150
7" 0 1 0 1 2 0 200
9" 0 0 1 1 0 2 300

Total Loss 262.5


RHS
150
200
300

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