=i. A new competitor in town has started making wood-framed windows as well. This may force the
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=i. A new competitor in town has started making wood-framed windows as well. This may force the company to lower the price it charges and so lower the profit made for each wood-framed window.
How would the optimal solution change (if at all) if the profit per wood-framed window decreases from
$60 to $40? From $60 to $20?
j. Doug is considering lowering his working hours, which would decrease the number of wood frames he makes per day. How would the optimal solution change if he only makes 5 wood frames per day?
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Related Book For
Introduction To Management Science A Modeling And Case Studies Approach With Spreadsheets
ISBN: 9780078096600
4th Edition
Authors: Frederick S. Hillier And Mark S. Hillier
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