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Consider the Reddy Mikks model a ) Determine the range for the ratio of the unit revenue of exterior paint to the unit revenue of
Consider the Reddy Mikks model a Determine the range for the ratio of the unit revenue of exterior paint to the unit revenue of interior paint. b If the revenue per ton of exterior paint remains constant at $ per ton, determine the maximum unit revenue of interior paint that will keep the present optimum solution unchanged. c If for marketing reasons the unit revenue of interior paint must be reduced to $ will the current optimum production mix change? d Used Solver to obtain the sensitivity report for the Reddy Mikks model i It is proposed that the availability of raw material is increase to tons. Indicate whether the changes will keep the current shadow price? ii Determine the value of profit if the availability or raw material is decrease by tons.
Consider the Reddy Mikks model
a Determine the range for the ratio of the unit revenue of exterior paint to the unit revenue of interior paint.
b If the revenue per ton of exterior paint remains constant at $ per ton, determine the maximum unit revenue of interior paint that will keep the present optimum solution unchanged.
c If for marketing reasons the unit revenue of interior paint must be reduced to $ will the current optimum production mix change?
d Used Solver to obtain the sensitivity report for the Reddy Mikks model
i It is proposed that the availability of raw material is increase to tons. Indicate whether the changes will keep the current shadow price?
ii Determine the value of profit if the availability or raw material is decrease by tons.
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