In the optimal solution to the Great Threads model, the labor hour and cloth constraints are both

Question:

In the optimal solution to the Great Threads model, the labor hour and cloth constraints are both binding—the company is using all it has.

a. Use SolverTable to see what happens to the optimal solution when the amount of available cloth increases from its current value. (You can choose the range of input values to use.) Capture all of the decision variable cells, the labor hours and cloth used, and the profit as outputs in the table. The real issue here is whether the company can profitably use more cloth when it is already constrained by labor hours.

b. Repeat part a, but reverse the roles of labor hours and cloth. That is, use the available labor hours as the input for SolverTable.


Figure 6.12

A B D E F. G H K 1 Great Threads fixed cost clothing model Range names used: Effective_capacity Rent equipment =Model!$B$18:$F$18 =Modell$B$14:$F$14 =Model!$B$29 =Model!$D$22:ŞD$23 |=Model!$B$22:$B$23 =Modell$B$16:$F$16 2 3 Input data on products Shirts Profit Resource available Resource_used Units produced 4 Shorts Pants Skirts Jackets 5 Labor hours/unit 6 Cloth

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Practical Management Science

ISBN: 1497

5th Edition

Authors: Wayne L. Winston, Christian Albright

Question Posted: