Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

The Vandelay furniture company makes bookshelves and tables. Consider the following Linear Programming Model: X 1 = the number of bookshelves made in a day.

The Vandelay furniture company makes bookshelves and tables.

Consider the following Linear Programming Model:

X1 = the number of bookshelves made in a day.

X2 = the number of tables made in a day.

Maximize: Z = 50X1 +50X2 Profit ($)

Subject to:

20X1 + 11.9X2 <= 100 Labor (hours)

6.5X1 + 10X2 <= 50 Lumber (board-feet)

What's the lowest profit on a bookshelf can be, without changing the optimal solution?

Another way to ask this is, what's the lower bound on the sensitivity range for C1?

(Round your answer to 1 decimal place.)

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered Solutions

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

Step: 2

blur-text-image

Step: 3

blur-text-image

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

Personal Financial Planning

Authors: Lawrence J. Gitman, Michael D. Joehnk, Randy Billingsley

13th edition

1111971633, 978-1111971632

Students also viewed these Mathematics questions