Final Reduced Objective Allowable Allowable
Cell Name Value Cost Coefficien t Increase Decrease
$B$7 Acres Planted Soybeans 414 0 34 7.5 0.4
$C$7 Acres Planted Corn 42 0 27.5 4.9 22.5
$D$7 Acres Planted W heat 100 0.00 20.75 0.4 1E+ 30
$B$27 New Livestock Cows 12 0 700 1E+ 30 22.5
$C$27 New Livestock Hens 0 0 3.5 0.02 1E+ 30
$B$36 Hours W orked W &S 368.2 0 5 0.389 0.071
$C$36 Hours W orked S&F 680 0 5.5 0.395 0.075
Constraints
Final Shadow Con straint Allo wable Allowable
Cell Name Value Price R.H. Side In crease Decrease
$C$7 Acres Planted Corn 42 -4.9 0 414 42
$D$7 Acres Planted W heat 100.00 -7.40 0 414 100
$D$23 Cost of New Livestock Totals $18,000 $0 20000 1E+ 30 2000
$B$28 Total Livestock Cows 42 22.5 42 1.333 12
$C$28 Total Livestock Hens 2,000 0 5000 1E+ 30 3000
$E$39 W &S Hours T otal 4,000 5 4000 1E+ 30 368.2
$E$40 S&F Hours Total 4,500 5 4500 1E+ 30 680
$E$41 Acreage Total 640 21.3 640 368.2 414
i) The shadow price for the investment constraint is zero, indicating that additional
investment funds will not increase their total monetary worth at all. Thus, it is not
$0.40 or decrease any amount without changing the optimal solution. The expected net
value for soybeans and wheat should be estimated most carefully.
The solution is sensitive to decreases in the expected value of soybeans and increases in
the expected value of wheat. If the cumulative decrease in the expected value of
Total Monetary W orth Wheat Expected Net Value
$80,537 $18.75 $19.75 $20.75 $21.75 $22.75
$32.00 $79,509 $79,629 $79,788 $79,976 $80,217
Soybeans Expected $33.00 $79,923 $80,023 $80,143 $80,308 $80,505
Net Value $34.00 $80,337 $80,437 $80,537 $80,657 $80,829
$35.00 $80,751 $80,851 $80,951 $81,051 $81,171
$36.00 $81,165 $81,265 $81,365 $81,465 $81,565
k) Answers will vary.