Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Ed owns a small business called Kingston Anchors, which produces four types of anchor for pleasure craft: Danforth: a lightweight, temporary anchor; Small Plow: an

Ed owns a small business called Kingston Anchors, which produces four types of anchor for pleasure craft:

Danforth: a lightweight, temporary anchor;

Small Plow: an all purpose anchor for boats less than 24';

Large Plow: same thing for boats longer than 24';

Hereshoff: a fancy, show-off anchor for larger boats.

Each anchor requires metal to be cut, ground, tumbled and finally welded and assembled.Because of earlier foresight, Ed has stockpiled plenty of raw material in the form of steel bars, sheets, and tubes.The production data for each anchor of each type in the next cycle is as follows:

image text in transcribedimage text in transcribedimage text in transcribedimage text in transcribed
A B C D E F G H 1 Microsoft Excel 11.0 Sensitivity Report Worksheet: [Book2] Sheet1 3 Report Created: 9/29/2004 11:34:26 AM 4 5 6 Adjustable Cells 7 Final Reduced Objective Allowable Allowable 6 Cell Name Value Cost Coefficient Increase Decrease 9 $8$4 Decision D 570 0 50 6.666666667 6.666666666 10 $C$4 Decision SP 300 110 18+30 20 11 $D$4 Decision LP 90 0 130 20 8.571428572 12 $E$4 Decision H 0 -30 200 30 18+30 13 14 Constraints 15 Final Shadow Constraint Allowable Allowable 16 Cell Name Value Price R.H. Side Increase Decrease 17 SF$7 Cutting LHS 7200 6 7200 550 450 18 $F$8 Grinding LHS 12360 14400 18+30 2040 19 SF$9 Tumbling LHS 3315 0 6000 1E+30 2685 20 SF$10 Weld/Assy LHS 4800 5 4800 306.6666666 440 21 $F$11 Danforths LHS 570 O 800 1E+30 230 22 SF$12 Small Plows LHS 300 20 300 180 220 23 SF$13 Large Plows LHS 90 200 1E+30 110 OO 24 SF$14 Herreshofs LHS 100 18+30 100\f\f\f

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_2

Step: 3

blur-text-image_3

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

Finite Math And Applied Calculus

Authors: Stefan Waner, Steven Costenoble

7th Edition

1337515566, 9781337515566

More Books

Students also viewed these Mathematics questions

Question

Discuss the states of accounting

Answered: 1 week ago