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Sensitivity Analysis: Complete the following problems on ( Good - to - Go Suitcase Company ) in Chapter 4 from your textbook. ( Note: All
Sensitivity Analysis: Complete the following problems on GoodtoGo Suitcase Company in Chapter from your textbook. Note: All information you need to answer the questions are given in the tables shown. If necessary, use separate sheet of paper for work All analysis must be done on paper. Show all work and calculations on paper to support your answers,
a Problem Page all parts.
b The optimal solution to Luxury models is units. Explain why. Further tell what kind of impact the company may experience if the company forces itself to make at least one Luxury model.
c The company has an opportunity to get additional hours finishing time, but at a cost of $ per hour rather than the current $ Is it profitable for the company to get these additional hours? If so what is the affect on the optimal profit? Will the current optimal solution change?
d The company management is planning to reduce Cutting & Coloring time by hours, increase Finishing time by hours, while keeping all other parameters the same. What is the impact on the profit?
e The unit selling price of Standard model will increases by $ and the unit selling price of Deluxe model decreases by $ What is the impact of these changes on the optimal solution and the profit made?
f Problem Page
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