Note:-Do not provide handwritten solution. Maintain accuracy and quality in your answer. Take care of plagiarism.Answer completely.You will get up vote for sure. Par, Inc., produces a standard golf bag and a deluxe golf bag on a weekly basis. Each golf bag requirestime for cutting and dyeing and time for sewing and finishing, as shown in the following table:HOURS REQUIRED PER BAGProduct Cutting and Dyeing Sewing and FinishingStandard bag 1/2Deluxe bag 112/3The profits per bag and weekly hours available for cutting and dyeing and for sewing and finishing are asfollows:Product Profit Per Unit ($)Standard bag 10Deluxe bag 8Weekly Hours AvailableActivityCutting and dyeing 300Sewing and finishing 360Par, Inc., will sell whatever quantities it produces of these two products.a. Find the mix of standard and deluxe golf bags to produce per week that maximizes weekly profitfrom these activities. x1 = 239.1+x2 = 180.5b. What is the value of the profit? $ 3834.59+c. How much would profits decrease if sewing and finishing hours were reduced by 40 hours = $[Select]+

For this question, I would first formulate the LP, then, I would solve this LP using the 2-phase…

a. Find the mix of standard and deluxe golf bags to produce per week that maximizes weekly profit from these activities. x1 = 239.1 x2 = 180.5 b. What is the value of the profit? $ 3834.59 c. How much would profits decrease if sewing and finishing hours were reduced by 40 hours = $ [Select]

a. Find the mix of standard and deluxe golf bags to produce per week that maximizes weekly profit from these activities. x1 = 239.1 x2 = 180.5 b. What is the value of the profit? $ 3834.59 c. How much would profits decrease if sewing and finishing hours were reduced by 40 hours = $ [Select]

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...

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