Page 189 -
P. 189

FINANCIAL APPLICATIONS  169


                      Figure 4.7 Excel Solution for the Market Survey Problem

                       TARGET CELL (MIN)
                                    Name                      Original Value        Final Value
                                    -----------------         -------------         ----------
                                    Objective function                      0              20320
                       ADJUSTABLE CELLS
                                           Name        Original Value        Final Value
                                           ---         -------------         ----------
                                           DC                        0               240
                                           EC                        0               160
                                           DNC                       0               240
                                           ENC                       0               360

                       CONSTRAINTS
                       Name                                                Cell Value      Status      Slack
                       --------------------------------------------        ---------     ----------    ----
                       Total interviews                                           1000   Not Binding       0
                       Households with children                                    400   Binding           0
                       Households without children                                 600   Not Binding     200
                       Evening interviews                                           40   Not Binding      40
                       Evening interviews in households with children                0   Binding           0
                       Evening interviews in households with children                0   Binding           0

                       ADJUSTABLE CELLS
                                  Final       Reduced        Objective         Allowable          Allowable
                       Name       Value         Cost        Coefficient         Increase          Decrease
                       ---        ----        ------        ----------        ----------         ----------
                       DC           240             0                 20                 5       4.666666667
                       EC           160             0                 25             1E+30                 5
                       DNC          240             0                 18                 2             1E+30
                       ENC          360             0                 20      4.666666667                  2

                       CONSTRAINTS
                                                    Final    Shadow    Constraint     Allowable    Allowable
                       Name                         Value     Price     R.H. Side     Increase     Decrease
                       -----------------------      ----     -----     ---------      --------     --------
                       Total interviews              1000      19.2           1000        1E+30          200
                       Households with children        400       2.8           400          100          400
                       Households without              600         0           400          200        1E+30
                          children
                       Evening interviews               40         0             0           40        1E+30
                       Evening interviews in             0         5             0          240           20
                          households with
                          children
                       Evening interviews in             0         2             0          240           20
                          households with
                          children


                      EXCEL file
                           MARKET





                Copyright 2014 Cengage Learning. All Rights Reserved. May not be copied, scanned, or duplicated, in whole or in part. Due to electronic rights, some third party content may be suppressed from the eBook and/or eChapter(s). Editorial review has
                      deemed that any suppressed content does not materially affect the overall learning experience. Cengage Learning reserves the right to remove additional content at any time if subsequent rights restrictions require it.
   184   185   186   187   188   189   190   191   192   193   194