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LLP Solving Examples
LLP Solving Examples
LLP Solving Examples
0 Sensitivity Report
Worksheet: [Book1]Sheet1
Report Created: 2/9/2021 10:45:28 AM
Variable Cells
Final Reduced Objective Allowable Allowable
Cell Name Value Cost Coefficient Increase Decrease
$E$4 18 0 40 6.6666666667 16.666666667
$F$4 8 0 35 25 5
Shadow Price - one unit of increase/decrease in the right hand side of constraint will increase/decrease the profit by
3.33.(i.e. 1000+3.33)
The range which holds the values between Allowable decrease to Allowable increase = Only in the range will the
Shadow price will be applicable
In case of Constraint table, the shadow price for entire range is valid unlike in Objective function table where the the
extreme values are not inclusive.
Microsoft Excel 15.0 Sensitivity Report
Worksheet: [LLP solving examples.xlsx]Sheet1
Report Created: 2/11/2021 8:58:48 AM
Variable Cells
Final Reduced Objective Allowable Allowable
Cell Name Value Cost Coefficient Increase Decrease
$E$7 order size Bicycle 94 0 100 50 12.5
$F$7 order size Moped 54 0 300 66.666666667 100
$G$7 order size Child seats 0 -20 50 20 1E+030 Here as the product is a
Allowable
Constraints
Final Shadow Constraint Allowable Allowable
Cell Name Value Price R.H. Side Increase Decrease
$I$8 Capital 93000 0.1666666667 93000 28200 32400
$I$9 Storage 101 100 101 54 23.5
Reduced Cost - Implies that the particular prodict is
underpriced bt the value given in the sensitivity report.
Variable Cells
Final Reduced Objective Allowable Allowable
Cell Name Value Cost Coefficient Increase Decrease
$E$7 Min 3.3333333333 0 60 36 12
$F$7 8.3333333333 0 96 24 36
Constraints
Final Shadow Constraint Allowable Allowable
Cell Name Value Price R.H. Side Increase Decrease
$H$10 35 8 35 25 5 In case of Minimization,
$H$8 40 18 40 6.6666666667 16.666666667 w.r.t
In case of Minimization, the Shadow price implies change in cost of the product
w.r.to changes in the Constraint values.
Min
60 96
3.333333 8.333333
2 4 40 40
3 3 35 35
optimal 1000
180
Bicycle Moped Child seats
100 300 50
order size 94 54 0
Capital 300 1200 120 93000 93000
Storage 0.5 1 0.5 101 101
optimal 25600
40 35
18 8
2 3 60 60
4 3 96 96
optimal 1000
Microsoft Excel 15.0 Sensitivity Report
Worksheet: [Book1]Example 2
Report Created: 2/9/2021 10:55:55 AM
Variable Cells
Final Reduced Objective Allowable Allowable
Cell Name Value Cost Coefficient Increase Decrease
$D$4 0 -2.25 4 2.25 1E+030
$E$4 0 -2.5 10 2.5 1E+030
$F$4 3.125 0 25 1E+030 5
Constraints
Final Shadow Constraint Allowable Allowable
Cell Name Value Price R.H. Side Increase Decrease
$H$5 25 3.125 25 5 25
$H$7 25 0 30 1E+030 5
$H$9 6.25 0 40 1E+030 33.75
4 10 25
0 0 3.125
2 4 8 25 25
4 9 8 25 30
6 8 2 6.25 40
optimal 78.125