Use This Information to Answer the Following Questions The Company Wants to Come Up with an Optimal Shipping
Use this information to answer the following questions.
A company can ship its product from any of its three factories,F1,F2,and F3,to any of its retail outlets,R1,R2,and R3.The capacity,demand,and shipping cost information is provided as follows:
The company wants to come up with an optimal shipping strategy that will allow it to minimize its total shipping cost.
-Use the Sensitivity Report to answer the following questions:
a.Suppose that the shipping cost per unit for variable X1 (i.e. ,route F1-R1)increases to $2.00.What impact will this have on the current optimal solution and the objective function value?
b.Suppose that the shipping cost per unit for variable X6 (i.e. ,route F2-R3)increases by $2.00 to $5.00.What impact will this have on the current optimal solution and the objective function value?
c.Suppose that the factory constraints and the retail outlet constraints become "≤".What would the optimal solution and the objective function coefficient be? (Hint: The answer to this question is not given in the Sensitivity Report. )
Correct Answer:
Verified
View Answer
Unlock this answer now
Get Access to more Verified Answers free of charge
Q28: The information provided in the Sensitivity Report
Q29: A constraint right-hand side value is increased
Q30: Use this information to answer the
Q31: The Sensitivity Report has two parts: one
Q32: Use this information to answer the
Q34: A binding constraint means that the constraint
Q35: Use this information to answer the
Q36: The slack of a constraint indicates the
Q37: Use this information to answer the
Q38: Use this information to answer the
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents