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A company produces two products, A and B . The unit revenues are $ 2 and $ 3 , respectively. Two raw materials, M 1
A company produces two products, A and The unit revenues are $ and $ respectively. Two raw materials, and used in the manufacture of the two products have respective daily availabilities of and units. One unit of A uses units of and units of and unit of uses units of and units of Let be the number of product A produced daily, and be the number of product produced daily. Then, the LP model for this problem can be given as follows:
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a Determine the dual prices of and and their feasibility ranges.
b Suppose that additional units of can be acquired at the cost of cents per unit. Would you recommend the additional purchase?
c What is the most the company should pay per unit of
d If availability is increased by units, determine the assocaited optimum revenue.
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