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Household Inc. produces two types of wooden essentials called Widgets and Gadgets. These differ with respect to shape and size. Each requires a certain amount
Household Inc. produces two types of wooden essentials called Widgets and Gadgets. These differ with respect to shape and size. Each requires a certain amount of labor time and wood. Due to limited resources the total length of Wood available is feet long, and the total labor is hours. The operation cost per unit of Widget is $ and that of Gadget is $ Each unit of Widget will sell for $ and Gadget for $ The objective function is the total profit from producing widgets and gadgets The objective function coefficients are the per unit profit of widgets and gadgets This LP problem is solved using Solver addin Answer the question below using the screenshot below Variable Cells Cell Name B$ Widgets Number produced B$ Gadgets Number produced Final Value Reduced Objective Allowable Allowable Cost Coefficient Increase Decrease If the unit profit from gadgets is instead of would the optimal solution stay the same No Yes
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