Based on the following sensitivity report, what would be the impact of changing the objective function coefficient for Product 1 to 18and changing the objective function coefficient for Product_3 to 13?Variable CellsCell$B$2$B$3$B$4ConstraintsCell$H$9$H$10$H$11NameProduct 1Product 2Product 3NameResource AResource_BResource CApplying the 100% rule,FinalValue0175FinalValue10525700Reduced Cost-20-1.5ShadowPrice01.75ObjectiveCoefficientConstraintR.H.Side131410HELSI100800700AllowableIncrease31E+305AllowableIncrease1E+301E+30366.6666667AllowableDecrease1E+3091E+30AllowableDecrease100275700because the total change in the objective function coefficients100%.

Sensitivity analysis: 100% rule If numerous objective function coefficients are changed, the 100…

Based on the following sensitivity report, what would be the impact of changing the objective function coefficient for Product 1 to 18 and changing the objective function coefficient for Product 3 to 13? Variable Cells Cell $B$2 $B$3 $B$4 Constraints Cell $H$9 SH$10 SH$11 Name Product 1 Product 2 Product 3 Name Resource_A Resource_B Resource C Applying the 100% rule, Final Value e 175 0 Final Value 0 525 700 Reduced Cost -2 0 -1.5 Shadow Price 0 0 1.75 Objective Coefficient Constraint R.H. Side 13 14 10 100 800 700 Allowable Increase 3 1E+30 Allowable Increase 5 1E+30 1E+30 366.6666667 Allowable Decrease 1E+30 9 1E+30 Allowable Decrease 100 275 700 because the total change in the objective function coefficients 100%

Based on the following sensitivity report, what would be the impact of changing the objective function coefficient for Product 1 to 18 and changing the objective function coefficient for Product 3 to 13? Variable Cells Cell $B$2 $B$3 $B$4 Constraints Cell $H$9 SH$10 SH$11 Name Product 1 Product 2 Product 3 Name Resource_A Resource_B Resource C Applying the 100% rule, Final Value e 175 0 Final Value 0 525 700 Reduced Cost -2 0 -1.5 Shadow Price 0 0 1.75 Objective Coefficient Constraint R.H. Side 13 14 10 100 800 700 Allowable Increase 3 1E+30 Allowable Increase 5 1E+30 1E+30 366.6666667 Allowable Decrease 1E+30 9 1E+30 Allowable Decrease 100 275 700 because the total change in the objective function coefficients 100%

Excel Applications for Accounting Principles

4th Edition

ISBN:9781111581565

Author:Gaylord N. Smith

Publisher:Gaylord N. Smith

Chapter24: Material And Labor Variances (primevar)

Section: Chapter Questions

Problem 3R

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Based on the following sensitivity report, what would be the impact of changing the objective function coefficient for Product_1 to 11 and changing the objective function coefficient for Product_3 to 18? Applying the 100% rule, ______________ because the total change in the objective function coefficients _________________ 100%. first blank choices: A. the optimal solution will not change B. the optimal solution may change second blank choices: A. does exceed B. does not exceed Variable Cells Cell Name Final Value Reduced Cost Objective Coefficient AllowableIncrease AllowableDecrease $B$2 Product_1 0 −2 10 6 1E+30 $B$3 Product_2 175 0 13 1E+30 12 $B$4 Product_3 0 −1.5 13 7 1E+30 Constraints Cell Name Final Value Shadow Price Constraint R.H.Side AllowableIncrease AllowableDecrease $H$9 Resource_A 0 0 100 1E+30 100 $H$10 Resource_B 525 0 800 1E+30 275 $H$11 Resource_C 700 1.75 700 366.6666667 700
For the following five spreadsheet functions, (a) write the values of the engineering economy symbols P, F, A, i, and n, using a ? for the symbol that is to be determined, and (b) state whether the displayed answer will have a positive sign, a negative sign, or it can’t be determined from the entries. (1) = FV(8%, 10, 3000, 8000) (2) = PMT(12%, 20, –16000) (3) = PV(9%, 15, 1000,600) (4) = NPER(10%, –290,, 12000) (5) = FV(5%, 5, 500, –2000)
Can you provide samples/examples of tasks for developing the costing and profitability model for a new product? Should include the following: o A table showing the list of the parameters used in your model o A breakdown of the expected production costs and profitability o Calculation of the NPV of expected sales/ profitability o A sensitivity analysis that accounts for changes in any three (3) parameters of your model. o At least two trade-off rules you developed for your product development
Consider the two air conditioning systems detailed below. Use AW analysis to determine the sensitivity of the economic decision to MARR values of 4%,6%, and 8%. Work this problem (a) by hand and (b) by spreadsheet.
Classify the performance measures below into the most likely balanced scorecard perspective towhich it relates: customer (C), internal processes (P), innovation and growth (I), or financial (F). Defective products made
We can get a sense of how model output responds to changes in inputs from sensitivity analyses. Some argue that we might draw very different conclusions when using different boundaries, especially when model output is a non-linear function of inputs. For example, we compute the net present value (NPV) of a business with a 10% discount rate. We can choose +/- 1% for our sensitivity analysis, or +/-5% for our analysis. For this reason, some argue that one can manipulate sensitivity analysis to support one’s prior. What do you think of this comment?
Choose the correct letter of answer In using least-squares to estimate the variable and the fixed components in a mixed cost, these two formulas are very useful: ∑XY = a∑X + b∑X2 and ∑Y = an + b∑X. Which unknown value can be computed after eliminating the first variable? a.) ab.) yc.) xd.) b
a) Determine the variable cost per unit and the fixed cost using the high-low method.b) What is the equation of the total mixed cost function?c) Prepare the scatter diagram and insert the trendline or line of best-fit. Use a scaleof 2 cm to represent 1,000 units on the x-axis & 2 cm to represent $50,000 on the yaxis.
Please see the picture below for details on the problem. Please be sure to include cell referencing in the answer and the appropriate formula i.e. weighted average unit cost: (C10*E10)+(C11*E11)+(C12*E12)/(C10+C11+C12). I know the answer for the first box is suppose to be 7.9166666667 but I am having difficulty putting that inside excel using cell reference and the correct formula set up.
16. The following is the simple regression results based on the data from Madrigal Corporation: Dependent variable – Machine maintenance costsIndependent variable – Machine hoursComputed valuesIntercept P 3,500Coefficient on independent variable P 3.50Coefficient of correlation 0.856R2 0.733 What percentage of the variation in maintenance costs is explained by the independent variable?
Which of the following statements regarding graphs of fixed and variable costs is true? (01)(a) Variable costs can be represented by a straight line where costs are the same for each data point.(b) Fixed costs can be represented by a straight line starting at the origin and continuing through each data point.(c) Fixed costs are zero when production is equal to zero.(d) Variable costs are zero when production is equal to zero.(e) Fixed and Variable costs are curvilinear form above zero on the “Y” axis.
Indicate whether the item below is used as key performance indicators for the areas of (A) Financial, (B) Customer, (C) Internal Process, or (D) Learning and Growth performance. Choose the one best choice. Quantity variance on a cost report *(A) Financial(B) Customer(C) Internal Process(D) Learning and Growth performance.