Based on the following sensitivity report, how much should the firm be willing to pay for 111 more units of Resource_C?Variable Cells$B$2$B$3$B$4ConstraintsCell$H$9$H$10$H$11NameProduct 1Product 2Product 3NameResource AResource BResource CFinalValueUnits of Resource_C01750FinalValue0525700Reduced Cost-20-1.5ShadowPrice(Round your answer to 2 decimal places.)001.82ObjectiveCoefficientConstraintR.H. Side100800700579COYAllowableIncrease1E+301.5AllowableIncreaseN1E+301E+30180AllowableDecrease1E+3011E+30AllowableDecrease9041079

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Based on the following sensitivity report, how much should the firm be willing to pay for 111 more units of Resource_C? Variable Cells Cell $B$2 $B$3 $B$4 Constraints Cell $H$9 $H$10 SH$11 Name Product 1 Product 2 Product 3 Name Resource_A Resource B Resource C Final Value 0 175 0 Final Value 0 525 700 Reduced Cost -2 0 -1.5 Shadow Price (Round your answer to 2 decimal places.) 0 0 1.82 Objective Coefficient Constraint R.H. Side 5 7 9 100 800 700 Allowable Increase 2 1E+30 1.5 Allowable Increase 1E+30 1E+30 180 Allowable Decrease 1E+30 1 1E+30 Allowable Decrease 90 410 79

Based on the following sensitivity report, how much should the firm be willing to pay for 111 more units of Resource_C? Variable Cells Cell $B$2 $B$3 $B$4 Constraints Cell $H$9 $H$10 SH$11 Name Product 1 Product 2 Product 3 Name Resource_A Resource B Resource C Final Value 0 175 0 Final Value 0 525 700 Reduced Cost -2 0 -1.5 Shadow Price (Round your answer to 2 decimal places.) 0 0 1.82 Objective Coefficient Constraint R.H. Side 5 7 9 100 800 700 Allowable Increase 2 1E+30 1.5 Allowable Increase 1E+30 1E+30 180 Allowable Decrease 1E+30 1 1E+30 Allowable Decrease 90 410 79

Managerial Economics: Applications, Strategies and Tactics (MindTap Course List)

14th Edition

ISBN:9781305506381

Author:James R. McGuigan, R. Charles Moyer, Frederick H.deB. Harris

Publisher:James R. McGuigan, R. Charles Moyer, Frederick H.deB. Harris

Chapter7: Production Economics

Section: Chapter Questions

Problem 4E

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