A very confused manager is reading a two-page report given to him by his student intern."She told me that she had my problem solved,gave me this,and then said she was off to her production management course," he whined."I gave her my best estimates of my on-hand inventories and requirements to produce,but what if my numbers are slightly off? I recognize the names of our four models W,X,Y,and Z,but that's about it.Can you figure out what I'm supposed to do and why?" You take the report from his hands and note that it is the answer report and the sensitivity report from Excel's solver routine.
Explain each of the highlighted cells in layman's terms and tell the manager what they mean in relation to his problem.
Microsoft Excel 10.0 Answer Report
Worksheet: Supplement D
Report Created: 1/26/2004 11:26:50 AM
Microsoft Excel 10.0 Sensitivity Report
Worksheet: Supplement D
Report Created: 1/26/2004 11:26:50 AM
Correct Answer:
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