bha

A company manufactures paring knives and pocket knives. Each paring knife requires 3 labor-hours, 7 units of steel, and 4 units of wood. Each pocket knife requires 6 labor-hours, 5 units of steel, and 3 units of wood. The profit on each paring knife is $3, and the profit on each pocket knife is $5. Each day the company has available 102 labor-hours, 148 units of steel, and 132 units of wood. Suppose that the number of labor-hours that are available each day is increased by 54. Use sensitivity analysis to determine the effect on the optimal number of knives produced and on the profit. The company should produce paring knives and pocket knives each day for a profit of $