Quality Air Conditioning manufactures three home air conditioners: an economy model, a standard model, and a deluxe model. The profits per unit are $63, $95, and $135, respectively. The production requirements per unit are as follows: (SEE ATTACHED) Answer the following questions (a-i) using the output below please be brief. If there are two possible answers one will suffice. Where necessary a range analysis must be shown. a) What is the optimal solution and what is the value of the objective function. b) Which constraints are binding and which constraint show extra capacity? c) 100 hours of manufacturing time became available .Evaluate the effect? Explain.
Quality Air Conditioning manufactures three home air conditioners: an economy model, a standard model, and a deluxe model. The profits per unit are $63, $95, and $135, respectively. The production requirements per unit are as follows: (SEE ATTACHED) Answer the following questions (a-i) using the output below please be brief. If there are two possible answers one will suffice. Where necessary a range analysis must be shown. a) What is the optimal solution and what is the value of the objective function. b) Which constraints are binding and which constraint show extra capacity? c) 100 hours of manufacturing time became available .Evaluate the effect? Explain.
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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Quality Air Conditioning manufactures three home air conditioners: an economy model, a standard model, and a deluxe model. The profits per unit are $63, $95, and $135, respectively.
The production requirements per unit are as follows: (SEE ATTACHED)
Answer the following questions (a-i) using the output below please be brief. If there are two
possible answers one will suffice. Where necessary a range analysis must be shown.
a) What is the optimal solution and what is the value of the objective function.
b) Which constraints are binding and which constraint show extra capacity?
c) 100 hours of manufacturing time became available .Evaluate the effect? Explain.
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