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  • Flora Case

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    Nikhil James
    7 views4 pages
    The solver found an optimal solution to maximize profit in the Excel worksheet. It allocated 285 units to X1 and 450 units to Y1. This resulted in a maximum profit of $10,124.51. The solution was found within 0.078 seconds over 10 iterations. Sensitivity analysis showed the allowable increases and decreases to each variable and constraint value without impacting the optimal solution.

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    The solver found an optimal solution to maximize profit in the Excel worksheet. It allocated 285 units to X1 and 450 units to Y1. This resulted in a maximum profit of $10,124.51. The solution was found within 0.078 seconds over 10 iterations. Sensitivity analysis showed the allowable increases and decreases to each variable and constraint value without impacting the optimal solution.

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    © All Rights Reserved
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    7 views4 pages

    Flora Case

    Uploaded by

    Nikhil James
    The solver found an optimal solution to maximize profit in the Excel worksheet. It allocated 285 units to X1 and 450 units to Y1. This resulted in a maximum profit of $10,124.51. The solution was found within 0.078 seconds over 10 iterations. Sensitivity analysis showed the allowable increases and decreases to each variable and constraint value without impacting the optimal solution.

    Copyright:

    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as xlsx, pdf, or txt
    of 4

    Microsoft Excel 14.

    0 Answer Report
    Worksheet: [Book1]Sheet1
    Report Created: 30-06-2014 12:13:03
    Result: Solver found a solution. All Constraints and optimality conditions are satisfied.
    Solver Engine
    Engine: Simplex LP
    Solution Time: 0.078 Seconds.
    Iterations: 10 Subproblems: 0
    Solver Options
    Max Time Unlimited, Iterations Unlimited, Precision 0.000001
    Max Subproblems Unlimited, Max Integer Sols Unlimited, Integer Tolerance 1%, Assume NonNegative

    Objective Cell (Max)


    Cell
    Name
    $F$25 Profit

    Original Value
    -2000

    Final Value
    10124.51176

    Variable Cells
    Cell
    Name
    $D$15 X1
    $E$15 X2
    $F$15 Y1
    $G$15 Y2

    Original Value
    0
    0
    0
    0

    Final Value
    285.2941176
    0
    450
    0

    Constraints
    Cell
    Name
    $D$26 X1+X2 Price
    $D$27 Y1+Y2 Price
    $J$14 Y2 area
    $J$15 area
    $J$16 area
    $K$12 area

    Cell Value
    285.2941176
    450
    110491.1765
    189005.8824
    118911.7647
    0.5

    Formula
    $D$26<=$C$7
    $D$27<=$C$8
    $J$14>=$M$14
    $J$15>=$M$15
    $J$16>=$M$16
    $K$12<=$M$12

    Integer
    Contin
    Contin
    Contin
    Contin

    Status
    Not Binding
    Binding
    Not Binding
    Not Binding
    Not Binding
    Binding

    Slack
    14.70588235
    0
    85491.17647
    164005.8824
    93911.76471
    0

    Microsoft Excel 14.0 Sensitivity Report


    Worksheet: [Book1]Sheet1
    Report Created: 30-06-2014 12:13:03

    Variable Cells
    Cell
    $D$15
    $E$15
    $F$15
    $G$15

    Name
    X1
    X2
    Y1
    Y2

    Final
    Reduced
    Objective
    Allowable
    Allowable
    Value
    Cost
    Coefficient
    Increase
    Decrease
    285.2941176
    0
    13.504
    4.878 3.753957447
    0 -5.189294118
    13.478 5.189294118
    1E+30
    450
    0
    18.382
    1E+30 2.695294118
    0 -2.695294118
    20.85 2.695294118
    1E+30

    Constraints
    Cell
    $D$26
    $D$27
    $J$14
    $J$15
    $J$16
    $K$12

    Name
    X1+X2 Price
    Y1+Y2 Price
    Y2 area
    area
    area
    area

    Final
    Value
    285.2941176
    450
    110491.1765
    189005.8824
    118911.7647
    0.5

    Shadow
    Price
    0
    4.878
    0
    0
    0
    19858.82353

    Constraint
    R.H. Side
    300
    450
    25000
    25000
    25000
    0.5

    Allowable
    Allowable
    Increase
    Decrease
    1E+30 14.70588235
    285.2941176 14.70588235
    85491.17647
    1E+30
    164005.8824
    1E+30
    93911.76471
    1E+30
    0.01
    0.194

    6.75
    Area calculation
    6.818182

    No of bublets avalable

    No of bulbs
    300
    450

    Area
    Div

    157
    224
    125
    Min Requirement
    25000

    163
    242
    131

    <=
    X1

    0.5
    X2
    285.2941176

    Price
    0.012
    0.035
    0.052

    X1+X2
    Y1+Y2

    285.2941176
    450

    146
    278
    185

    Y1
    0

    157
    318
    223

    Y2
    450

    Cost of Land
    2000
    Cost of Labour
    4000
    Revenue
    14124.51
    Profit
    10124.51

    area/1000 bulblets planted


    0.00068 0.00094 0.00068

    area

    pkts
    Revenue
    Cost
    Profit

    0.00094

    0.5 <=

    0.5

    110491.2
    189005.9
    118911.8

    >=
    >=
    >=

    25000
    25000
    25000

    285.2941
    450

    <=
    <=

    300
    450

    4
    12525
    4000
    8525

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