(d) Because of increased competition, Deegan is considering reducing the price of model DRB such that the new contribution to profit is $175 per unit. How would this change in price affect the optimal solution? Explain. The objective coefficient range for model DRB shows a lower limit of $ $ . Thus, the optimal solution --Select--- change and the new value will be (e) If the available manufacturing time is increased by 500 hours, will the dual value for the manufacturing time constraint change? Explain. The allowable increase is minutes, so the dual value for this constraint ---Select--- change.
(d) Because of increased competition, Deegan is considering reducing the price of model DRB such that the new contribution to profit is $175 per unit. How would this change in price affect the optimal solution? Explain. The objective coefficient range for model DRB shows a lower limit of $ $ . Thus, the optimal solution --Select--- change and the new value will be (e) If the available manufacturing time is increased by 500 hours, will the dual value for the manufacturing time constraint change? Explain. The allowable increase is minutes, so the dual value for this constraint ---Select--- change.
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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Please answer D & E.
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On part D, the $600 was wrong. Is there another possible solution?
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