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contribution margins for Cub, Quiklematic, and VIP are $30,$90, and $250, respectively. Decision Variables C: # of Cub cameras produced Q: # of Quikiematic cameras
contribution margins for Cub, Quiklematic, and VIP are $30,$90, and $250, respectively. Decision Variables C: \# of Cub cameras produced Q: \# of Quikiematic cameras produced V. \# of VIP cameras produced Linear Programming Formulation Maximize 30C+90Q+250 (\$ prolits) Subject to constraints: 0.1C+0.2Q+0.7V250 (manufacturing time) 0.2C+0.35Q+0.1V350 (assembly time) 0.1C+0.2Q+0.3V150 (test \& package time) C250 (Demand for Cub) Q=375 (Demand for Quickiematic) V150 (Demand for VIP) C,Q,V0 questions that follow. dainctahle Colls a) Given this solution, what is the optimal profit that Candid Camera will make? A. $791.67 B. $892 C. $89,244.36 a) Given this solution, what is the optimal profit that Candid Camera will make? A. $791.67 B. $892 c. $89,244.36 D. $82,917.50 E. None of the above b) Interpret the negative shadow price for the demand constraint for Quickiematic cameras. A. The shadow price cannot be interpreted correctly because there is an error in this linear program. B. The company should produce 76 more Quickiematic cameras. C. The company should produce fewer Quickiematic cameras to increase its profit. D. The company should produce more Quicklematic cameras to increase its proflt. E. None of the above. A. The optimal solution changes. B. The optimal solution does not change. C. Effect cannot be determined
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