Microsoft Excel 12.0 Answer Report Worksheet: [Carpenter's Problem.

xls]Model Report Created: 10/6/2010 3:13:48 PM

Target Cell (Max) Cell Name $D$11 Total Profit

Original Value 0

Final Value 96

Adjustable Cells Cell Name $B$8 Tables $C$8 Chairs

Original Value 0 0

Final Value 4 8

Constraints Cell Name $D$14 Wood reqd. LHS $D$15 Labour time reqd. LHS

Cell Value Formula Status Slack 140 $D$14<=$F$14 Binding 0 56 $D$15<=$F$15 Binding 0

Microsoft Excel 12.0 Sensitivity Report Worksheet: [Carpenter's Problem.xls]Model Report Created: 10/6/2010 3:13:48 PM

Adjustable Cells Cell Name $B$8 Tables $C$8 Chairs Constraints Cell Name $D$14 Wood reqd. LHS $D$15 Labour time reqd. LHS Final Shadow Constraint Allowable Allowable Value Price R.H. Side Increase Decrease 140 0.628571429 140 70 28 56 0.142857143 56 14 18.66666667 Final Value 4 8 Reduced Cost Objective Allowable Allowable Coefficient Increase Decrease 0 10 0.5 4.4 0 7 5.5 0.333333333

Microsoft Excel 12.0 Limits Report Worksheet: [Carpenter's Problem.xls]Limits Report 1 Report Created: 10/6/2010 3:13:48 PM

Target Cell Name $D$11 Total Profit

Value 96

Adjustable Cell Name Value $B$8 Tables 4 $C$8 Chairs 8

Lower Target Limit Result 0 56 0 40

Upper Target Limit Result 4 96 8 96

Carpenter's Problem
Definition of decision variables: x1 = number of tables to produce x2 = number of chairs to produce Decisions Variables: Product Objective Function: 10 Constraints: Wood reqd. Labour time reqd. 7 X1 4 X2 8 Total Profit 96 LHS Type 140 <= 56 <= RHS Units 140 cu.ft. 56 hours

15 4

10 5