Session 8, Sensitivity Analysis
Session 8, Sensitivity Analysis
8X
Max 7 T + 5 C (profit)
Clearly profit goes up, but would we
want to make more tables and less
chairs?
(i.e. Does the optimal solution
A.K.Singh, IMI, Delhi
Characteristics of OFC Changes
There is no effect on the feasible
region
0A.K.Singh,100
IMI, Delhi 200 300 400
C
1000
What if the OFC
became higher? Both have new
Or lower? optimal corner
points
11T + 5C = 600
$5500 450
Optimal Solution
(T=500, C=0)
3T + 5C = $2850 Feasible
Optimal Solution 0 Region
(T=200, C=450)
0 100 500 800 T
1000
800
600
400
200
0
0 100 200 300 400 500 600 700 800 900
Old optimal
corner point
C (T=320,C=360)
500 Profit=$4040
Feasible
400 region
becomes
300 larger New optimal
corner point
200 (T=560,C=180)
2T
Profit=$4820
2T
Original
+
100
+
1C
Feasible
1C
=
=
0 Region 10
13
00
00
0 100 200 300 400 500
600 T
Effect on Objective Function
Value
New profit = $4,820
Old profit = $4,040
Profit increase = $780 from 300 additional
painting hours