Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

answer choices) 1. Can't be computed. 2. 2016 3. 1536. 4. 1488 The A-B-C department of a large company makes three products (A, B and

answer choices) 1. Can't be computed. 2. 2016 3. 1536. 4. 1488

image text in transcribed
The A-B-C department of a large company makes three products (A, B and C). To determine the best production schedule, the manager has formulated the following linear programming model: Decision variables: A = quantity of product A B = quantity of product B C = quantity of product C Objective function: Maximize 12 A + 15 B + 16 C (total profit: coefficients are net profit per unit in dollars) Constraints: Material 1 3A+ "B+8C= 0 The manager has solved this problem using Excel Solver and the sensitivity report is given below: Variable Cells Final Reduced Objective Allowable A Allowable 4 Cell Name Value Cost Coefficient Increase Decrease $952 A 16 0.5 LE+30 $052 C N Constraints Final Shadow Constraint Allowable Allowable Cell Name Value Price R.H. Side Increase Decrease SESE Material 1 720 120 420 SEST Material 2 284 600 1E+30 9TE SESS Material 3 400 400 560 Based on the information given (No need to implement this problem into solver), if product A's unit profit decreases to 9, what is the optimal total profit

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Calculus With Applications

Authors: Margaret L Lial, Raymond N Greenwell, Nathan P Ritchey

10th Edition

0321831101, 9780321831101

More Books

Students also viewed these Mathematics questions

Question

Explain the goal of behavior therapy.

Answered: 1 week ago

Question

2. To store it and

Answered: 1 week ago