Use the information below to answer the following questions.
A real estate developer is planning to build an office complex.Currently,there are three office sizes under consideration: small,medium,and large.Small offices can be rented for $600 per month,medium offices can be rented for $750 per month,and large offices can be rented for $1000 per month.Each small office requires 600 square feet,each medium office requires 800 square feet,and each large office requires 1000 square feet.The current plot of land available to the developer is 100,000 square feet.The developer wants to ensure that the office complex has at least 3 units of each office size.Moreover,zoning restrictions limit the total number of offices to 50.
-Use the Sensitivity Report to answer the following questions:
a.What would be the impact on the optimal allocation of offices and the objective function value if small offices can be rented for $800 per month rather than $600 per month?
b.What would be the impact on the optimal allocation of offices and the objective function value if medium offices can be rented for $650 per month rather than $750 per month?
c.What would be the impact on the optimal allocation of offices if medium offices can be rented for $1100.00 rather than $750 per month?
d.Is the solution to the problem unique or are there alternate optimal solutions?
Correct Answer:
Verified
View Answer
Unlock this answer now
Get Access to more Verified Answers free of charge
Q34: A binding constraint means that the constraint
Q35: Use this information to answer the
Q36: The slack of a constraint indicates the
Q37: Use this information to answer the
Q38: Use this information to answer the
Q39: Surplus is typically associated with "≤" constraints.
Q40: The Reduced Cost may be viewed as
Q41: Use the information below to answer the
Q43: A company can decide how many additional
Q44: Use the information below to answer the
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents