Sandard har Dha 60 000 18 16 == 10 $150 Not 0 50 50 1.000 Totul de 00 Profit Question 3: Sensitivity Analysis (15 Points) M&J Furniture Inc. is an office equipment company that produces two types of desks: standard and deluxe. Deluxe desks have oak tops, more expensive hardware, and required additional time for finishing and polishing. Standard desks require 80 square feet of pine and 10 hours of labor, while deluxe desks require 60 square feet of pine, 18 square feet of Numbes produced oak, and 16 hours of labor. For the next week, the company has 5,000 square feet of pine, 750 square feet of oak, and 400 hours of labor available. Standard desks net a profit of $150, while deluxe desks net a profit of $320. All desks can be sold to national chains shops. Instructions: Using the Excel Solver results in Table opposite to address the following questions: What are the Binding Constraints and the Optimum profit? 1. What are the slack values for Pine, Oak, and Labor? 2 3. Looking at the Shadow prices, how much would the objective Uud 1500 25 minutes on slide The Oak Labe Varios Reed Abowe Veve 190 SESEI SCS21 aber produced and bodde Now Find profit increase by if labour is increases by 50 hours? 4. What % of available Oak can be reduced without it affecting the current (given) optimum solution? 5. How much should the standard desk unit profit of $150 be increased by for Standard desks to be produced (1.e. become a positive number)? C4 Pemud 35.36 km 55:7 Lund 49 TA Question 3: Sensitivity Analysis (15 Points) M&J Furniture Inc. is an office equipment company that produces two types of desks: standard and deluxe. Deluxe desks have oak tops, more expensive hardware, and require additional time for finishing and polishing. Standard desks require 80 square feet of pine and 10 hours of labor, while deluxe desks require 60 square feet of pine, 18 square feet of oak, and 16 hours of labor. For the next week, the company has 5,000 square feet of pine, 750 square feet of oak, and 400 hours of labor available. Standard desks net a profit of $150, while deluxe desks net a profit of $320. All desks can be sold to national chains sheps, Instructions: Using the Excel Solver results in Table opposite to address the following questions 1 What are the Binding Constraints and the Optimum profit? Wiat are the stack values for Pue Oak and I abor 3 Looking at the Shadow prices. how much would the objective profile increase by il labour is increase by 0 hours ses War of available Oak can be reduced without it altecting the current siten optimum obitn slow much told the standard desk ut profiter S130 be increased by ter Standard de to be produced te become a paistvenimber
