Question
Kelson Sporting Equipment, Inc., makes two different types of baseball gloves: a regular model and a catcher's model. Letting R = number of regular gloves
Kelson Sporting Equipment, Inc., makes two different types of baseball gloves: a regular model and a catcher's model. Letting
- R = number of regular gloves
- C = number of catcher's mitts
leads to the following formulation:
Max | 5R | + | 8C | |||||||
s.t. | ||||||||||
R | + |
| 800 | Cutting and sewing | ||||||
| + |
| 240 | Finishing | ||||||
| + |
| 100 | Packaging and shipping | ||||||
R, | C | 0 |
The sensitivity report is shown below.
Model Variable | Name | Final Value | Reduced Cost | Objective Coefficient | Allowable Increase | Allowable Decrease |
---|---|---|---|---|---|---|
R | Gloves Standard | 320.000 | 0.000 | 5.000 | 7.000 | 1.000 |
C | Gloves Deluxe | 240.000 | 0.000 | 8.000 | 2.000 | 4.667 |
Constraint Number | Name | Final Value | Shadow Price | Constraint R.H. Side | Allowable Increase | Allowable Decrease |
---|---|---|---|---|---|---|
1 | Cutting and Dyeing Hours Used | 680.000 | 0.000 | 800.000 | 1E+30 | 120.000 |
2 | Finishing Hours Used | 240.000 | 3.000 | 240.000 | 160.000 | 106.667 |
3 | Packaging and Shipping Hours Used | 100.000 | 28.000 | 100.000 | 24.000 | 40.000 |
(a)
Determine the objective coefficient ranges. (Round your answers to two decimal places.)
regular glove to catcher's mitt to
(b)
Interpret the ranges in part (a). (Round your answers to two decimal places.)
As long as the profit contribution for the regular glove is between $ and $ , the current solution ---Select--- is is not optimal. As long as the profit contribution for the catcher's mitt is between $ and $ , the current solution ---Select--- is is not optimal.
(c)
Interpret the right-hand-side ranges.
The shadow prices for the resources are applicable over the following ranges. (If there is no upper or lower limit, enter NO LIMIT. Round your answers to two decimal places.)
cutting and sewing
to
finishing
to
packaging and shipping
to
(d)
How much will the value of the optimal solution improve (in $) if 10 extra hours of packaging and shipping time are made available?
$
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started