Grade = 100

Points Points
Question Available Lost
1 30 0
2 20 0
3 40 0
4 10 0
Total 100 0
 Question1
Part a Grader
Max Profit $12,000

X1 Sofa X2 Table X3 Chair Grader

Dec Vars 40 0 0 Solver Solution

Part b X1 Sofa X2 Table X3 Chair Grader

Profit Coefficients $300 $200 $150
Part c Part d Part e Part f Part g
Constraint Constraint Amount Slack or Type
Coefficients X1 Sofa X2 Table X3 Chair Value Used Surplus Inequality
Wood 7 5 4 2250 280 1,970 <=
Upholstery 12 0 7 1000 480 520 <=
Labor 6 9 5 240 240 0 <=
Warehouse Capacity 1 1 1 650 40 610 <=

Grader Grader Grader Grader Grader

Question 2

Adjustable Cells Grader

Final Reduced Objective Allowable Allowable Part
Cell Name Value Cost Coefficient Increase Decrease a 11 0 67
$B$6 Dec Vars X1 Sofa 11 0 300 7.14 30 b $270 $307
$C$6 Dec Vars X2 Table 0 -25 275 25 1E+030 c $25
$D$6 Dec Vars X2 Chair 67 0 225 25 4.17 d Change

Constraints
Final Shadow Constraint Allowable Allowable
Cell Name Value Price R.H. Side Increase Decrease Part Grader
$F$12 Wood Amount Used 345 0 2250 1E+030 1905 e 1,905
$F$13 Upholstery Amount Used 601 8 601 201 39.6 f $8
$F$14 Labor Amount Used 401 33 401 28.29 100.5 g $330
$F$15 Warehouse Capacity Amount Used 78 0 650 1E+030 572 h $0
 Question 3
Part a Grader
Max Return $710

X1 RE X2 CD X3 MF X4 Bonds Grader
Dec Vars 4750 250 3000 2000

Part b X1 RE X2 CD X3 MF X4 Bonds Grader

Return Coefficients 0.08 0.04 0.06 0.07
Part c Part d Part e Part f Part g

Constraint Amount Slack or Type

Constraint Coefficients X1 RE X2 CD X3 MF X4 Bonds Value Used Surplus Inequality
RE to CD Ratio 1 -2 0 0 0 4,250 -4,250 >=
MF + Bonds Combined 0 0 1 1 5,000 5,000 0 >=
Bonds <=$2000 0 0 0 1 2,000 2,000 0 <=
RE Alone 1 0 0 0 250 4,750 -4,500 >=
CD Alone 0 1 0 0 250 250 0 >=
MF Alone 0 0 1 0 250 3,000 -2,750 >=
B Alone 0 0 0 1 250 2,000 -1,750 >=
All Funds Invested 1 1 1 1 10000 10,000 0 =

Grader Grader Grader Grader Grader

Question 4

Adjustable Cells
Final Reduced Objective Allowable Allowable
Cell Name Value Cost Coefficient Increase Decrease Part Grader
$B$6 Dec Vars X1 RE 4750 0 0.08 1E+030 0.02 a Yes
$C$6 Dec Vars X2 CD 250 0 0.04 0.04 1E+030 b No
$D$6 Dec Vars X3 MF 3000 0 0.06 0.01 1E+030 c 8%
$E$6 Dec Vars X4 Bonds 2000 0 0.07 1E+030 0.01 d 6%

Constraints
Final Shadow Constraint Allowable Allowable
Cell Name Value Price R.H. Side Increase Decrease
$G$12 RE to CD Ratio Amount Used 4,250 0 0 4250 1E+030
$G$13 MF + Bonds Combined Amount Used 5,000 0 5000 4250 2750
$G$15 RE Alone Amount Used 4,750 0 250 4500 1E+030
$G$16 CD Alone Amount Used 250 0 250 1416.666667 250
$G$17 MF Alone Amount Used 3,000 0 250 2750 1E+030
$G$18 B Alone Amount Used 2,000 0 250 1750 1E+030
$G$14 Bonds <=$2000 Amount Used 2,000 0 2000 2750 1750
$G$19 All Funds Invested Amount Used 10,000 0 10000 1E+030 4250