On the solver sensitivity report the labor shadow price is, Ask an Expert

Management Studies

On the SOLVER sensitivity report, the labor shadow price is $30, with an allowable increase of 8 and an allowable decrease of 8. The model attempts to optimize profit. Determine the impact to the overall profit if the manager increases the available labor by 4 hours. Input a negative value to indicate a decrease. Positive numbers to not require a "+" sign entry.

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Operation Management, Management Studies

Category:- Operation Management
Reference No.:- M92591588

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