Examine the LP formulation in Problem 7-29. The problems second constraint reads 6X + 4Y 24
Question:
6X + 4Y ≤ 24 hours (time available on machine 2)
If the firm decides that 36 hours of time can be made available on machine 2 (namely, an additional 12 hours) at an additional cost of $10, should it add the hours?
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Using the corner point method we determine that the optimal so...View the full answer
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Related Book For 
Quantitative Analysis For Management
ISBN: 162
11th Edition
Authors: Barry Render, Ralph M. Stair, Michael E. Hanna
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