Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Valencia Products make automobile radar detectors and assembles two models: LaserStop and SpeedBuster. Both models use the same electronic components. For the next month, the
Valencia Products make automobile radar detectors and assembles two models: LaserStop and SpeedBuster. Both models use the same electronic components. For the next month, the supply of these is limited to 4,000 of component A and 3,500 of component B. The number of each component required for each product, the profit per unit, and the resulting linear optimization model are given in the accompanying tables. Complete parts a through d, answering each question independently relative to the original problem.
Valencia Products make automobile radar detectors and assembles two models: LaserStop and SpeedBuster. Both models use the same electronic components. For the next month, the supply of these is limited to 4,000 of component A and 3,500 of component B. The number of each component required for each product, the profit per unit, and the resulting linear optimization model are given in the accompanying tables. Complete parts a through d, answering each question independently relative to the original problem. Click the icon to view the data table and linear optimization model. a. If the unit profit for SpeedBuster is decreased to $131, how will the optimal solution and profit change? The optimal solution when the profit for SpeedBuster is decreased to $131 is to produce LaserStop and SpeedBuster. This solution gives the possible profit, which is $ . This solution the same as the original solution, because the number of LaserStop models produced has and the number of SpeedBuster models produced as (Type integers or decimals rounded to two decimal places as needed.) b. If the unit profit for LaserStop is increased to $210, how will the optimal solution and profit change? The optimal solution when the profit for LaserStop is increased to $210 is to produce LaserStop and SpeedBuster. This solution gives the possible profit, which is $. This solution the same as the original solution, because the number of LaserStop models produced has and the number of SpeedBuster models produced as (Type integers or decimals rounded to two decimal places as needed.) After reviewing the components required and the profit for each model, the firm found the following linear optimization model for profit, where L is the number of LaserStop models produced and S is the number of SpeedBuster models produced
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started