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Chrome File e Edit View History Bookmarks Profiles Tab Window X 0 7 Q 8 Tue Feb 28 9:12:24 AM . . . (23) He Made $150 in 30 M 4:1 In National University | Apps D2L 407 Week 1: Homework - MNS X 2 407 Week 1: Homework - MNS C webassign.net/web/Student/Assignment-Responses/last?dep=31435685 ABP K. a 1. [-/1 Points] DETAILS ASWMSCI15 1.E.008. MY NOTES PRACTICE ANOTHER Recall the production model: Max 10x s.t. x S 40 x 20 Suppose the firm in this example considers a second product that has a unit profit of $5 and requires 2 hours of labor time for each unit produced. Use y as the number of units of second product produced. (a) Show the mathematical model when both products are considered simultaneously. Max s.t. x 20, y 20 (b) Identify the controllable and uncontrollable inputs for this model. (Select all that apply.) (i) controllable O X Oy O labor hours O labor availability O unit profit (ii) uncontrollable UX O labor hours O labor availability O unit profit (c) Draw the flowchart of the input-output process for this model. (Submit a file with a maximum size of 1 MB.) Choose File No file chosen This answer has not been graded yet. (d) What are the optimal solution values of x and y? (Let P be total profit.) P = $ (e) Is the model developed in part (a) a deterministic or a stochastic model? Explain. The uncontrollable inputs are [--Select--- ) and [---Select--- V) , so the model is deterministic ] . Need Help? Read It L . O 28 A Aa OF
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