Question 3. If the capacity of machine 1 is increased from the present 8 hours to 13
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Question 3. If the capacity of machine 1 is increased from the present 8 hours to 13 hours, how will this increase impact the optimum revenue?
The dual price for machine 1 is $14.00 and is applicable in the range (2.67,16) hr. TIle proposed increase to 13 hours falls within the feasibility range. Hence, the increase in revenue is
$14.00(13 - 8) = $70.00, which means that the total revenue will be increased to
(current revenue + change in revenue) = 128 + 70 = $198.00.
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