Question

Suppose you use Solver to find the optimal solution to a maximization model. Then you remember that you omitted an important constraint. After adding the constraint and running Solver again:
a. The optimal value will always remain the same
b. The optimal value can never increase
c. The optimal value can never decrease

Answer 1

Answer:A

Explanation:

The optimal value will always remain the same. It is because profit is a difference between total revenue and total cost.

Answer 2

Answer:

The correct answer is letter "B": The optimal value can never increase.

Explanation:

Solver is an analysis tool available in Microsoft Office Excel, usually applied to the corporate world. Solver allows calculating the value of a cell that relies on different factors or variables where there is a series of constraints that must be fulfilled at the same time.  

In case one of the constraints needed to compute the value of the cell was omitted, the user can add but other constraints will be restricted. Thus, the optimal value could decrease or remain the same but not increase.