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Below is the Sensitivity Report for the Par Inc. What would be the increase in the objective function if 10 additional hours were available in the Finishing Department?  Enter your answer without a do...

Below is the Sensitivity Report for the Par Inc. What would be the increase in the objective function if 10 additional hours were available in the Finishing Department?  Enter your answer without a dollar sign and rounded to two decimal places.

Microsoft Excel 16.0 Sensitivity Report
Worksheet: [Par.xlsx]Model
Report Created: 3/1/2018 4:16:53 PM
Variable Cells
Final Reduced Objective Allowable Allowable
Cell Name Value Cost Coefficient Increase Decrease
$B$14 Bags Produced Standard 540 0 10 3.5 3.7
$C$14 Bags Produced Deluxe 252 0 9 5.285714286 2.333333333
Constraints
Final Shadow Constraint Allowable Allowable
Cell Name Value Price R.H. Side Increase Decrease
$B$19 Cutting and Dyeing Hours Used 630 4.375 630 52.36363636 134.4
$B$20 Sewing Hours Used 480 0 600 1E+30 120
$B$21 Finishing Hours Used 708 6.9375 708 192 128
$B$22 Inspection and Packaging Hours Used 117 0 135 1E+30 18
0 0
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Answer #1

Shadow price for Finishing hours = 6.9375

Hence,

For 10 hours increase, the objective function will increase by (6.9375*10) i.e. 69.38

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