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Vollmer Manufacturing makes three components for sale to refrigeration companies. The minutes) required on each machine are as fo Component Shaper Grinder 2 The shape

image text in transcribed Vollmer Manufacturing makes three components for sale to refrigeration companies. The minutes) required on each machine are as fo Component Shaper Grinder 2 The shape for 130 hours, and the grinder for 110 hours o than 200 units of component 3 can be sold, but up to 800 units of each of the other components can be sold. In fact, the company saty has anders for 600 units of for each of the three components are as fo Component Selling Price Material Cost Later Cost 1 2 3 127 " (a) For each component, calculate the graft margin (inds, profit marginseling price material cost labor cost component 2 Formulate and solve for the recommended production arcties that wit maxim componere component 2 (B) What are the stjective coefficient pendan) for the three components there is no er or owner NO LIMIT Round your answer 2 Interpret these ranges for company management Individual changes in the profit coefficients outside these ranges will not Cause a change in the optimal number of component produce O Individual changes in the profit cents within these ranges witn O Individual changes in the profe coefficients within these ranges wil case (c) What are the right-hand-wide ranges (Ue minutes for me there is no upper or stager av Interpret these ranges for company These are the ranges over which the reduced casts for the associated conants are not applicab These are the ranges over which the shadow fo constraints are not applicable These are the ranges over nach the shadow prices for the associate constraints are applicable These are the ranges over which the reduced casts for the associate (4) If more time could be made available on the grinder, how much would be of sack time on the grinder the Nothing since there are 300 m Every additional minute on the grinder decreases profits by st Every donate on the grinder increases profes by 13. Every additional minute on the grinder increases grafics by $1.50

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