Question
Kelson Sporting Equipment, Inc., makes two different types of baseball gloves: a regular model and a catcher's model. The firm has 700 hours of production
Kelson Sporting Equipment, Inc., makes two different types of baseball gloves: a regular model and a catcher's model. The firm has 700 hours of production time available in its cutting and sewing department, 300 hours available in its finishing department, and 100 hours available in its packaging and shipping department. The production time requirements and the profit contribution per glove are given in the following table:
Production Time (hours) | ||||
Model | Cutting and Sewing | Finishing | Packaging and Shipping | Profit/Glove |
Regular model | 1 | |||
Catcher`s model |
Letting | |
R = number of regular gloves | |
C = number of catcher's mitts | |
leads to the following formulation: |
Max | 7R + 10C | |||
s.t. | ||||
R + C | 700 | Cutting and sewing | ||
R + C | 300 | Finishing | ||
R + C | 100 | Packaging and shipping | ||
R, C 0 |
The sensitivity report is shown in figure below.
Optimal Objective Value = 4520.00000 | |||||||
Variable | Value | Reduced Cost | |||||
R | 560.00000 | 0.00000 | |||||
C | 60.00000 | 0.00000 | |||||
Constraint | Slack/Surplus | Dual Value | |||||
1 | 0.00000 | 3.20000 | |||||
2 | 0.00000 | 7.60000 | |||||
3 | 18.00000 | 0.00000 | |||||
Variable | Objective Coefficient | Allowable Increase | Allowable Decrease | ||||||
R | 7.00000 | 8.00000 | 2.71430 | ||||||
C | 10.00000 | 6.33330 | 5.33330 | ||||||
Constraint | RHS Value | Allowable Increase | Allowable Decrease | ||||||
1 | 700.00000 | 257.14280 | 100.00000 | ||||||
2 | 300.00000 | 50.00000 | 200.00000 | ||||||
3 | 100.00000 | Infinite | 18.00000 | ||||||
Determine the objective coefficients ranges. If there is no lower or upper limit, then enter the text "NA" as your answer. Round your answers to two decimal places.
Objective Coefficient Range | ||
---|---|---|
Variable | lower limit | upper limit |
Regular Glove | ||
Catchers Mitt |
Interpret the ranges in part (a.). As long as the profit per regular glove is the optimal solution of gloves will not change. Or as long as the profit per catcher glove is the optimal solution of gloves will not change. The assumption is that only one variable is changed at a/the same time.
Interpret the right-hand-side ranges. If there is no lower or upper limit, then enter the text "NA" as your answer. Round your answers to two decimal places.
Constraint | Right-Hand-Side Range | |
---|---|---|
lower limit | upper limit | |
Cutting and Sewing | ||
Finishing | ||
Packaging |
As long as the number of hours available for cutting and sewing (Constraint 1) are between 600.00 and 700.00 the change in the optimal value of the solution per unit increase in the right-hand side of the constraint is . As long as the number of hours available for finishing (Constraint 2) are the change in the optimal value of the solution per unit increase in the right-hand side of the constraint is . As long as the number of hours available for packaging (Constraint 3) are the change in the optimal value of the solution per unit increase in the right-hand side of the constraint is .
How much will the value of the optimal solution improve if 30 extra hours of packaging and shipping time are made available? If required, round your answer to three decimal places. Amount: $
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