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Without generating the Sensitivity Report, adapt the sensitivity analysis procedure presented in Secs. 6.6 and 6.7 to conduct the sensitivity analysis specified in the four parts of Prob. 8.2-24.
Prob. 8.2-24
Consider the transportation problem formulation and solution of the Metro Water District problem presented in Sec. 8.1 and 8.2. The numbers given in the parameter table are only estimates that may be somewhat inaccurate, so management now wishes to do some what-if analysis. Use the Excel Solver to generate the Sensitivity Report. Then use this report to address the following questions. (In each case, assume that the indicated change is the only change in the model.)
(a) Would the optimal solution in Table 8.23 remain optimal if the cost per acre foot of shipping Calorie River water to San Go were actually $200 rather than $230?
(b) Would this solution remain optimal if the cost per acre foot of shipping Sacron River water to Los Devils were actually $160 rather than $130?
(c) Must this solution remain optimal if the costs considered in parts (a) and (b) were simultaneously changed from their original values to $215 and $145, respectively?
(d) Suppose that the supply from the Sacron River and the demand at Hollyglass are decreased simultaneously by the same amount. Must the shadow prices for evaluating these changes remain valid if the decrease were 0.5 million acre feet?
Deborah McCullough bought a new car from Bill Swad Chrysler, Inc. The car was protected by both a limited warranty and an extended warranty. McCullough immediately encountered problems with the automobile's brakes, transmission, and air conditioni..
Analyze the actions of unions and management to determine basic compliance with the major U.S. federal labor laws.
Think of three bad decisions that your current or past supervisors made. For each decision, explain what bias discussed in the background materials likely led to this bad decision. You must use biases specifically discussed in Bolland and Fletcher (2..
Do you think management theory will ever be as precise as theories in the fields of finance, accounting or experimental psychology? Why or why not?
What are potential ways to expand on the channel in the future
Construct an annotated bibliography - Is corporate bribery acceptable under some circumstances?
One of the difficulties of engaging in global trade is the constant shift in exchange rates. How much do exchange rates change over a 30-day period?
a) Using Porter's Diamond model, discuss its four attributes,
Identify key operational components that align with a selected organization's mission. Analyze financial components based on organizational strengths and weaknesses. Analyze operational components based on organizational strengths and weaknesses
What alternatives to direct investment in foreign stocks are available to investors?
Describe the behavioral differences between functional and project managers. What skills do project managers need now that they did not need in the past?
Manufacturing constitutes a $2 trillion sector of the U.S. economy. For the past 60 years, worker productivity in the manufacturing sector has increased by about 3.7 percent per year. In the past, the United States has retained higher-value added ..
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