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A company manulactures paring knives and pocket knives. Each paring knife requires 3 fabor-hours, 7 unils of sseef, and 4 units of wood. Each pocket

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A company manulactures paring knives and pocket knives. Each paring knife requires 3 fabor-hours, 7 unils of sseef, and 4 units of wood. Each pocket knife requires 6 labor-hours, 5 unts of steel, and 3 units of wood. The proft on each paring knde is $3, and the prott on each pocket knife is $5. Each day the company has avaiable 90 labor hours, 129 urits of tieel, and 114 units of wood Suppone that the number of laborhours that are avalable each doy is increased by 54 Use senstity analysis to determine the effect on the optimal number of knives produced and on the proft. The compary should prodoce paring kowives and pocket knives each day for a profit of \$ A compary manufactures panng krives and pocket knives. Each paring knfe requies 3 labortours, 7 units of theel, and 4 unts of wood. Each pocket knide requires 6 labor houn, 5 units of steel. and 3 unts of wood. The profit on each parng knde is $3, and the propl on each pocket knde is $5. Each day me company has aralable 96 aboothours, 134 units of steel, and 117 units of wood Suppose that ne number of labor.hour thut are avalable each day in increased by h. For what values of h will a change of is labor hours not change the shadow price of labor? The shasow proce of labor wis not change for shs (Simpify you answers)

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