Thank you for visiting The followng information is obtained from the Answer and Sensitivily reports generated by Excel Solver What would the proft be if the stove had 100. This page is designed to guide you through key points and clear explanations related to the topic at hand. We aim to make your learning experience smooth, insightful, and informative. Dive in and discover the answers you're looking for!
Answer :
Excel Solver is a software that helps users in solving optimization problems by identifying the optimal solution. To determine the increase in profit after adding 100 more feet of storage space, you need to examine the Answer and Sensitivity reports generated by Excel Solver.
It has not been mentioned in the question about which reports of Solver have been obtained. To answer this question, we need to assume that the Solver's reports obtained are reliable and have been interpreted appropriately.
To find out what the profit would be if the stove had 100 more feet of storage space, we need to refer to the sensitivity report generated by Excel Solver. If the problem has an optimal solution, the sensitivity report would provide the range of values for the objective function (profit) for which the optimal solution remains optimal. The range is calculated by changing the value of the objective function coefficient. If the objective function coefficient is increased, the optimal solution would change.
The range of values between the old and new objective function coefficient value is known as the shadow price.The answer to this question is (A) The profit increases by $125 for each extra foot, thus increases by $125,000.
This is because, in the sensitivity report, if the objective function coefficient (storage space) is increased by one unit (1 foot), the profit would increase by $125. Therefore, if the storage space is increased by 100 feet, the profit would increase by 100 × $125 = $12,500. The new profit would be $112,500 ($100,000 + $12,500).
To know more about profit visit:
https://brainly.com/question/32864864
#SPJ11
Thank you for reading the article The followng information is obtained from the Answer and Sensitivily reports generated by Excel Solver What would the proft be if the stove had 100. We hope the information provided is useful and helps you understand this topic better. Feel free to explore more helpful content on our website!
- You are operating a recreational vessel less than 39 4 feet long on federally controlled waters Which of the following is a legal sound device
- Which step should a food worker complete to prevent cross contact when preparing and serving an allergen free meal A Clean and sanitize all surfaces
- For one month Siera calculated her hometown s average high temperature in degrees Fahrenheit She wants to convert that temperature from degrees Fahrenheit to degrees
Rewritten by : Jeany
