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Cell Name Original Value Final Value

The document summarizes the results of an optimization problem solved using Excel Solver. It found an optimal solution that minimizes the objective cell to a value of $216,000 while satisfying all constraints. The optimal values have 8 in cell B3 for Quantity Teaming and 17 in cell C3 for Quantity Problem Solving. All constraints are satisfied, with the No. of Days Avai. constraint being not binding with 110 slack.

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Khevin Alvarado
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39 views4 pages

Cell Name Original Value Final Value

The document summarizes the results of an optimization problem solved using Excel Solver. It found an optimal solution that minimizes the objective cell to a value of $216,000 while satisfying all constraints. The optimal values have 8 in cell B3 for Quantity Teaming and 17 in cell C3 for Quantity Problem Solving. All constraints are satisfied, with the No. of Days Avai. constraint being not binding with 110 slack.

Uploaded by

Khevin Alvarado
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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Worksheet: [Book1]Sheet1
Report Created: 17 Dec 2019 2:08:37 PM
Result: Solver found a solution. All Constraints and optimality conditions are satisfied.
Solver Engine
Solver Options

Objective Cell (Min)


Cell Name Original Value Final Value
$F$4 Cost per Unit 0 216000

Variable Cells
Cell Name Original Value Final Value Integer
$B$3 Quantity Teaming 0 8 Contin
$C$3 Quantity Problem Solving 0 17 Contin

Constraints
Cell Name Cell Value Formula Status Slack
$D$10 No. of Days Avai. Usage 58 $D$10<=$F$10 Not Binding 110
$D$7 Training on Teaming Usage 8 $D$7>=$F$7 Binding 0
$D$8 training on PS Usage 17 $D$8>=$F$8 Not Binding 7
$D$9 Total Training Usage 25 $D$9>=$F$9 Binding 0
Teaming Problem Solving
Cost per Program 10000 8000
Changing Variable 8 17
Minimization 80000 136000 216000

Contraints Usage Available Slack


Training on Teaming 1 0 8 >= 8 0
training on PS 0 1 17 >= 10 -7
Total Training 1 1 25 >= 25 0
No. of Days Avai. 3 2 58 <= 168 110
Microsoft Excel 15.0 Answer Report
Worksheet: [BUSANA Exercise 3.xlsx]Sheet1
Report Created: 17 Dec 2019 2:36:23 PM
Result: Solver found a solution. All Constraints and optimality conditions are satisfied.
Solver Engine
Solver Options

Objective Cell (Min)


Cell Name Original Value Final Value
$F$4 Minimization 0 62000

Variable Cells
Cell Name Original Value Final Value Integer
$B$3 Changing Variable Stock Fund 0 4000 Contin
$C$3 Changing Variable Money Market 0 10000 Contin

Constraints
Cell Name Cell Value Formula Status Slack
$D$7 Fumd to be Allocated Usage 1200000 $D$7<=$F$7 Binding 0
$D$8 Annual Income Usage 60000 $D$8>=$F$8 Binding 0
$D$9 Money Market Fund Inv. Usage 1000000 $D$9>=$F$9 Not Binding 700000
Stock Fund Money Market
Profit 8 3
Changing Variable 4000 10000
Minimization 32000 30000 62000

Contraints Usage Available Slack


Fund to be Allocated 50 100 1200000 <= 1200000 0
Annual Income 5 4 60000 >= 60000 0
Money Market Fund Inv. 0 100 1000000 >= 300000 -700000

Total Investment 200000 1000000

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