Report the optimal solution and optimal value

Results and Discussion

· Report the optimal solution and the optimal value of the objective function, as found in the “Result Report” and “Sensitivity Report” generated by the Solver.

Note: Describe the managerial actions suggested by the optimal solution using natural, managerial language. It is NOT sufficient to only listing a pile of numbers.

· Discuss the financial impact suggested by the model: What is the economic/financial benefit, if the results are implemented by the decision maker?

· Discuss your managerial recommendations: What recommendations would you make to the business based on the “Sensitivity Report”?  For example, what is the benefit of acquiring additional resource or relaxing a managerial restriction (i.e., changing the right-hand-side of a constraints)?; Is such action worth the cost you invest?

Hint: examine those “binding” constraints and their shadow prices.