Chat with us, powered by LiveChat Report the optimal solution and optimal value - STUDENT SOLUTION USA

Results and Discussion

Report the optimal solution and the optimal value of the objective function, as found in the “Result Report” and “Sensitivity Report” generated by the Solver.

Note: Describe the managerial actions suggested by the optimal solution using natural, managerial language. It is NOT sufficient to only listing a pile of numbers.

Discuss the financial impact suggested by the model: What is the economic/financial benefit, if the results are implemented by the decision maker?
Discuss your managerial recommendations: What recommendations would you make to the business based on the “Sensitivity Report”?  For example, what is the benefit of acquiring additional resource or relaxing a managerial restriction (i.e., changing the right-hand-side of a constraints)?; Is such action worth the cost you invest?

Hint: examine those “binding” constraints and their shadow prices.

error: Content is protected !!