Model A В Fabric (kg/unit) Steel (kg/unit) Profit ($/unit) 636 6 3 6 10 CSST B459 с 5 5 7 Market surveys indicate that the demand for model A tends be high, so the company should produce at least 5 units per day of model A. The daily available fabric is 90 kg. The supply of steel is restricted to 100kg per day. The following linear program was formulated to determine the daily production rate of the various models in order to maximize the daily profit. a) If Model C is increased to $9, could they be produced? Yes or no and why. If no, what price would the production be? b) If Model B profit is dropped by $1.50, what is the new solution?
Model A В Fabric (kg/unit) Steel (kg/unit) Profit ($/unit) 636 6 3 6 10 CSST B459 с 5 5 7 Market surveys indicate that the demand for model A tends be high, so the company should produce at least 5 units per day of model A. The daily available fabric is 90 kg. The supply of steel is restricted to 100kg per day. The following linear program was formulated to determine the daily production rate of the various models in order to maximize the daily profit. a) If Model C is increased to $9, could they be produced? Yes or no and why. If no, what price would the production be? b) If Model B profit is dropped by $1.50, what is the new solution?
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
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Transcribed Image Text:Model
A
B
Fabric (kg/unit)
Steel (kg/unit)
Profit ($/unit)
6
4
3
5
5
6
10
7
Market surveys indicate that the demand for model A tends be high, so the company should
produce at least 5 units per day of model A. The daily available fabric is 90 kg. The supply of
steel is restricted to 100kg per day. The following linear program was formulated to determine
the daily production rate of the various models in order to maximize the daily profit.
a) If Model C is increased to $9, could they be
produced? Yes or no and why. If no, what
price would the production be?
b) If Model B profit is dropped by $1.50, what
is the new solution?
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