Homework Help is Here – Start Your Trial Now!
Business
Operations Management
(a) What is the optimal solution, and what is the value of the total profit contribution? regular glove catcher's mitt value (b) Which constraints are binding? (Select all that apply.) cutting and sewing 000 finishing packaging and shipping

(a) What is the optimal solution, and what is the value of the total profit contribution? regular glove catcher's mitt value (b) Which constraints are binding? (Select all that apply.) cutting and sewing 000 finishing packaging and shipping

Practical Management Science
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
See similar textbooks
icon
Related questions
Question
Kelson Sporting Equipment, Inc., makes two different types of baseball gloves: a regular model and a catcher's model. Letting R = number of regular gloves C number of catcher's mitts - leads to the following formulation: Max 5R + 7℃ s.t. 3 R + -C ≤ 1,000 2 -R + -C ≤ 300 3 -R + -C ≤ 100 4 R, C ≥ 0 The computer solution is shown below. Variable R с Optimal Objective Value = 3550.00000 Constraint 1 2 3 Variable R C Cutting and sewing Value 500.00000 150.00000 Finishing Packaging and shipping Reduced Cost 0.00000 0.00000 Slack/Surplus 275.00000 0.00000 0.00000 5.00000 7.00000 Dual Value 0.00000 4.50000 22.00000 Objective Allowable Coefficient Increase 5.50000 3.00000 Allowable Decrease 1.50000 3.66667
Transcribed Image Text:Kelson Sporting Equipment, Inc., makes two different types of baseball gloves: a regular model and a catcher's model. Letting R = number of regular gloves C number of catcher's mitts - leads to the following formulation: Max 5R + 7℃ s.t. 3 R + -C ≤ 1,000 2 -R + -C ≤ 300 3 -R + -C ≤ 100 4 R, C ≥ 0 The computer solution is shown below. Variable R с Optimal Objective Value = 3550.00000 Constraint 1 2 3 Variable R C Cutting and sewing Value 500.00000 150.00000 Finishing Packaging and shipping Reduced Cost 0.00000 0.00000 Slack/Surplus 275.00000 0.00000 0.00000 5.00000 7.00000 Dual Value 0.00000 4.50000 22.00000 Objective Allowable Coefficient Increase 5.50000 3.00000 Allowable Decrease 1.50000 3.66667
Variable R с Constraint 1 2 3 ооо Variable R C Constraint 1 2 3 Value 500.00000 150.00000 Slack/Surplus 275.00000 0.00000 0.00000 5.00000 7.00000 Reduced Cost 0.00000 0.00000 Objective Allowable Coefficient Increase 5.50000 3.00000 RHS Value 1000.00000 300.00000 100.00000 Dual Value 0.00000 4.50000 22.00000 Allowable Increase Infinite 100.00000 55.00000 (b) Which constraints are binding? (Select all that apply.) cutting and sewing finishing packaging and shipping Allowable Decrease 1.50000 3.66667 (a) What is the optimal solution, and what is the value of the total profit contribution? regular glove catcher's mitt value Allowable Decrease 275.00000 166.66667 25.00000
Transcribed Image Text:Variable R с Constraint 1 2 3 ооо Variable R C Constraint 1 2 3 Value 500.00000 150.00000 Slack/Surplus 275.00000 0.00000 0.00000 5.00000 7.00000 Reduced Cost 0.00000 0.00000 Objective Allowable Coefficient Increase 5.50000 3.00000 RHS Value 1000.00000 300.00000 100.00000 Dual Value 0.00000 4.50000 22.00000 Allowable Increase Infinite 100.00000 55.00000 (b) Which constraints are binding? (Select all that apply.) cutting and sewing finishing packaging and shipping Allowable Decrease 1.50000 3.66667 (a) What is the optimal solution, and what is the value of the total profit contribution? regular glove catcher's mitt value Allowable Decrease 275.00000 166.66667 25.00000
Expert Solution
Step 1 Introduction:-

Linear programming is a mathematical technique that is commonly used in the operations management departments of most companies. This technique is commonly used to find the best outcome with the maximum profit. Linear programming has various methods; each method is chosen by the companies as per their requirements or based on different factors.

trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 3 steps with 2 images

SEE SOLUTIONCheck out a sample Q&A here
Blurred answer
Similar questions
Recommended textbooks for you
Practical Management Science
Practical Management Science
Operations Management
ISBN:
9781337406659
Author:
WINSTON, Wayne L.
Publisher:
Cengage,
Operations Management
Operations Management
Operations Management
ISBN:
9781259667473
Author:
William J Stevenson
Publisher:
McGraw-Hill Education
Operations and Supply Chain Management (Mcgraw-hi…
Operations and Supply Chain Management (Mcgraw-hi…
Operations Management
ISBN:
9781259666100
Author:
F. Robert Jacobs, Richard B Chase
Publisher:
McGraw-Hill Education
Business in Action
Business in Action
Operations Management
ISBN:
9780135198100
Author:
BOVEE
Publisher:
PEARSON CO
Purchasing and Supply Chain Management
Purchasing and Supply Chain Management
Operations Management
ISBN:
9781285869681
Author:
Robert M. Monczka, Robert B. Handfield, Larry C. Giunipero, James L. Patterson
Publisher:
Cengage Learning
Production and Operations Analysis, Seventh Editi…
Production and Operations Analysis, Seventh Editi…
Operations Management
ISBN:
9781478623069
Author:
Steven Nahmias, Tava Lennon Olsen
Publisher:
Waveland Press, Inc.
SEE MORE TEXTBOOKS