Optimal Solution Point and OFV
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See attached file for information to answer the following questions.
(a) State the complete solution to the problem (optimal solution point and OFV) in the context of the problem
(b) What is the range of optimality of CL, the coefficient associated with the Lightning variable?
(c) What will be the new optimal solution point and OFV if the profit on Lightning suf boards increases to $200 per surf board?
(d) What is the range of feasibility for the Glory Surfboards Constraint?
(e) Suppose that Cinnamon Rainbow Surf Shop is required to produce 50 Glory surf boards. What will be the optimal solution point and OFV?
(f) What is the range of feasibility for the Sanding Department Constraint?
(g) What will be the optimal solution point and OFV if the Sanding Department has an additional 2 hours of time available?
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Solution Summary
The range of optimality of CL are given. The coefficient associated with the lightning variable are determined.
Solution Preview
See the attached files.
a) based on the output for adjustable cells, when we have 5 lightening boards, 35 wave rider boards and 40 glory boars, we could have maximal profits: 150*5+35*125+40*75=8125 dollars
b) as long as the coefficient is between 125 (150-25) and 375 (150+225), we will keep the original optimal solution.
c) since 200 is between 125 and 375, we will ...
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