Microsoft Excel 14.

0 Answer Report
Worksheet: [SMP+BA Exercise08.1Bl_Par Amanguiton Zandro.xlsx]Data
Report Created: 11/29/2017 10:43:22 AM
Result: Solver found a solution. All Constraints and optimality conditions are satisfied.
Solver Engine
Engine: Simplex LP
Solution Time: 0.062 Seconds.
Iterations: 2 Subproblems: 0
Solver Options
Max Time 100 sec, Iterations 100, Precision 0.000001
Max Subproblems 5000, Max Integer Sols 5000, Integer Tolerance 0%, Assume NonNegative

Objective Cell (Max)

Cell Name Original Value Final Value
$B$16 Total Profit Standard $ 19.00 $ 7,668.00

Variable Cells
Cell Name Original Value Final Value Integer
$B$14 Bags Produced Standard 1 540 Contin
$C$14 Bags Produced Deluxe 1 252 Contin

Constraints
Cell Name Cell Value Formula Status Slack
$B$19 Cutting and Dyeing Hours Used 630 $B$19<=$C$19 Binding 0
$B$20 Sewing Hours Used 480 $B$20<=$C$20 Not Binding 120
$B$21 Finishing Hours Used 708 $B$21<=$C$21 Binding 0
$B$22 Inspection and Packaging Hours Used 117 $B$22<=$C$22 Not Binding 18

•The answer report in Figure 11.5 contains three sections.

•Objective Cell - It indicates that optimal value of final of total profit is $7,668.
•Variable Cells - Indicates the optimal values of the decision cells and whether or not the variables are re
•Constraints - It gives the left-hand side value for each constraint (hours used), the formula showing the
•Binding constraint – One that holds as an equality at the optimal solution. They intersect to form
•Slack value – Indicates the difference between the left-hand and right-hand values for a constrain
•Binding constraints (cutting and dyeing, and finishing) have zero slack.
•Consider for example the sewing department constraint. By adding a nonnegative slack va
(1/2)S + (5/6)D ≤ 600
(1/2)S + (5/6)D + slack(sewing) = 600
slack(sewing) = 600 – (1/2)(540) + (5/6)(252) = 600 – 270 – 210 =120
 r or not the variables are required to be integer.
), the formula showing the constraint relationship, the status ( Binding or Not binding), and the Slack value.
tion. They intersect to form the optimal point.
t-hand values for a constraint.

dding a nonnegative slack variable, we can make the constraint equality.

 A B C D
1 Par, Inc.
2 Parameters
3 Production Time (Hours) Time Available
4 Operation Standard Deluxe Hours
5 Cutting and Dyeing 7/10 1 630
6 Sewing 1/2 5/6 600
7 Finishing 1 2/3 708
8 Inspection and Packaging 1/10 1/4 135
9 Profit Per Bag $10.00 $9.00
10
11 Model
12
13 Standard Deluxe
14 Bags Produced 540 252
15
16 Total Profit $ 7,668.00
17
18 Operation Hours Used Hours Available
19 Cutting and Dyeing 630 630
20 Sewing 480 600
21 Finishing 708 708
22 Inspection and Packaging 117 135
 E
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