What is the shadow price of Glue?

Group of answer choices

$240$

It is a positive value.

It is zero since the Glue availability is a non$-$binding constraint.

It is a negative value

Gibert Forest Products. Inc. manufactures $4$ different types of wood paneling. Each type of paneling is made by gluing and pressing together a different mixture of pine and oak chips. The

following table summurizes the required amount of gluing, pressing and micture of wood chios required to produce a paliet of $50$ units of each paneling. the available zmount of each

following table summurizes the fequired amount resource and the unit cost of each resource

Note that all kinds of costs of the products are included in the last column of the table.

Assume that each pallet of Tahoe, Pacitic, Swannah, and Aspen panels can be sold foe profits of $$450,$$$1\mathrm{.}150,$$$$00,$ and $$400,$ respectively. For marketing purposes, the company wants to

produce at least $4$ pallets of each type of paneling

Let X$1-$ Namber of palkets of Tahoe paneks to produce.

$x2-$ Number of pallets of Pacitic panels to produce

$x3-$ Number of paliets of Ssvannah panels to produce

$x4-$ Number of pallets of Aspen panels to produce

The LP formulation is as follows:

Max $4501+115002+8003+4004$

Subject to

$501+502+803+5046\mathrm{.}000$

$501+1502+1003+504=7\mathrm{.}500$

$5001+4002+3003+200430\mathrm{.}000$

$5001+7502+2503+5004562500$

When the problem is solved using Solver of Microssoft Excet, the following Answer Report and Sensitivity Report are obtained

When the problem is solved using Solver of Microsoft Excel, the following Answer Report and Sensitivity Report are obtained.

Obj

Constraints