Solving the Model with the Excel Solver
The problem is to find values of P and Q that maximize the objective of the. The column labeled Shadow Price gives the marginal benefits of increasing the. Sensitivity analysis allows us to determine how “sensitive” the optimal solution is to changes in data. Excel will calculate this range as well as the shadow price. A sensitivity analysis can be performed to determine the sensitivity of the. Microsoft Excel can generates a sensitivity report in two parts - a changing cells. The shadow price is valid up to the allowable increase or decrease in the constraint.
Excel solver - SlideShare
Aug 21, 2015. It comes with Microsoft Excel as an Add In. Click on Tools to see if Solver is. 31. or - understanding excel solver - ndc 32 Shadow Price The. Key words excel solver; spreadsheet implementation; model assumptions; sensitivity analysis. lems on spreadsheets; see, for instance, Albright et al. 2003, Powell and. shadow price ranges in the Sensitivity Report and for- mat them to.