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In the Alpha Beta Charlie. case, explain the effect of the following changes on the objective function: a. Adding a new product to the current

In the Alpha Beta Charlie. case, explain the effect of the following changes on the objective function:

a. Adding a new product to the current products with the following parameters:

Duty Rate (%)

Monthly Storage Costs Per Carton ($)

Units Per Carton

Cartons Per Pallet

Average Value Per Unit ($)

Specialty club heads

10

0.87

65

18

70

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Max Demand in Storage

15

25

17

5

2

18

19

70

73

95

110

111

b. The duty for each product is 10% of the original amount due to a trade agreement with the producing country. Also, ABC has managed to obtain a 7% discount for on the cost of each product from the producer.

Note: cost of capital is 13% per month.

Note 2: apply the changes in each part to the original model.

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