14 see picture to solve

MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
icon
Related questions
Question
14 see picture to solve
Spencer Furniture manufactures two different types of china cabinets: a French
Provincial model and a Danish Modern model. Each cabinet produced must go
through three departments: carpentry, painting, and finishing. These departments
have 360 hours, 200 hours, and 125 hours of labor available each week. The firm has
a contract with a distributor to produce a minimum of 300 of each cabinet per week
(or 60 cabinets per day). An analyst had been consulted to determine a product mix
to maximize his daily revenue. The following sensitivity report was generated during
the analysis:
Final Shadow Constraint
Allowable
Allowable
Cell
Name
Value
Price
R.H. Side
Increase
Decrease
SE$9 Carpentry: LHS Value
360
9.75
360
33.333333
60
SE$10 Painting: LHS Value
SE$11 Finishing: LHS Value
175
200
1E+30
20
112.5
125
1E+30
12.5
$E$12 Contract French: LHS Value
60
-9
60
20
33.333333
SE$13 Contract Danish: LHS Value
90
60
30
1E+30
Suppose 8 additional hours become available in the carpentry department.
How much additional profit can be generated as a result of these additional hours?
Consult the sensitivity report to determine the answer. Enter the exact answer.
Your Answer:
Answer
Transcribed Image Text:Spencer Furniture manufactures two different types of china cabinets: a French Provincial model and a Danish Modern model. Each cabinet produced must go through three departments: carpentry, painting, and finishing. These departments have 360 hours, 200 hours, and 125 hours of labor available each week. The firm has a contract with a distributor to produce a minimum of 300 of each cabinet per week (or 60 cabinets per day). An analyst had been consulted to determine a product mix to maximize his daily revenue. The following sensitivity report was generated during the analysis: Final Shadow Constraint Allowable Allowable Cell Name Value Price R.H. Side Increase Decrease SE$9 Carpentry: LHS Value 360 9.75 360 33.333333 60 SE$10 Painting: LHS Value SE$11 Finishing: LHS Value 175 200 1E+30 20 112.5 125 1E+30 12.5 $E$12 Contract French: LHS Value 60 -9 60 20 33.333333 SE$13 Contract Danish: LHS Value 90 60 30 1E+30 Suppose 8 additional hours become available in the carpentry department. How much additional profit can be generated as a result of these additional hours? Consult the sensitivity report to determine the answer. Enter the exact answer. Your Answer: Answer
Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 2 steps

Blurred answer
Knowledge Booster
Linear Equations
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, statistics and related others by exploring similar questions and additional content below.
Recommended textbooks for you
MATLAB: An Introduction with Applications
MATLAB: An Introduction with Applications
Statistics
ISBN:
9781119256830
Author:
Amos Gilat
Publisher:
John Wiley & Sons Inc
Probability and Statistics for Engineering and th…
Probability and Statistics for Engineering and th…
Statistics
ISBN:
9781305251809
Author:
Jay L. Devore
Publisher:
Cengage Learning
Statistics for The Behavioral Sciences (MindTap C…
Statistics for The Behavioral Sciences (MindTap C…
Statistics
ISBN:
9781305504912
Author:
Frederick J Gravetter, Larry B. Wallnau
Publisher:
Cengage Learning
Elementary Statistics: Picturing the World (7th E…
Elementary Statistics: Picturing the World (7th E…
Statistics
ISBN:
9780134683416
Author:
Ron Larson, Betsy Farber
Publisher:
PEARSON
The Basic Practice of Statistics
The Basic Practice of Statistics
Statistics
ISBN:
9781319042578
Author:
David S. Moore, William I. Notz, Michael A. Fligner
Publisher:
W. H. Freeman
Introduction to the Practice of Statistics
Introduction to the Practice of Statistics
Statistics
ISBN:
9781319013387
Author:
David S. Moore, George P. McCabe, Bruce A. Craig
Publisher:
W. H. Freeman