Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Table 3 . 1 : Regular & Super Consider the following linear program, which maximizes profit for two products - - regular ( R )

Table 3.1: Regular & Super
Consider the following linear program, which maximizes profit for two products--regular (R) and super (S):
MAX 50R+75S
s.t.
1.2R+1.6S600 assembly (hours)
0.8R+0.5S300 paint (hours)
.16R+0.4S100 inspection (hours)
Sensitivity Report:
\table[[Cell,Name,\table[[Final],[Value]],\table[[Reduced],[Cost]],\table[[Objective],[Coefficient]],\table[[Allowable],[Increase]],\table[[Allowable],[Decrease]]],[$B$7,Regular =,291.67,0.00,50,70,20],[$C$7,Super =,133.33,0.00,75,50,43.75],[,,,,,,],[,,Final,Shadow,Constraint,Allowable,Allowable],[Cell,Name,Value,Price,R.H. Side,Increase,Decrease],[$E$3,Assembly (hr/unit),563.33,0.00,600,1E+30,36.67],[$E$4,Paint (hr/unit),300.00,33.33,300,39.29,175],[$E$5,Inspect (hr/unit),100.00,145.83,100,12.94,40]]
A change in the market has increased the profit on the super product by $5. Total profit will increase by $,(round to the nearest dollar).
image text in transcribed

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Project management the managerial process

Authors: Eric W Larson, Clifford F. Gray

5th edition

73403342, 978-0073403342

More Books

Students also viewed these General Management questions