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Questions: 1. What is the optimal solution (profit and number of units for each product) of the problem above? 2. As a manager, what are your interpretations of the result (sensitivity analysis)?

Questions: 1. What is the optimal solution (profit and number of units for each product) of the problem above? 2. As a manager, what are your interpretations of the result (sensitivity analysis)?

College Physics
College Physics
11th Edition
ISBN:9781305952300
Author:Raymond A. Serway, Chris Vuille
Publisher:Raymond A. Serway, Chris Vuille
Chapter1: Units, Trigonometry. And Vectors
Section: Chapter Questions
Problem 1CQ: Estimate the order of magnitude of the length, in meters, of each of the following; (a) a mouse, (b)...
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A manager wants to maximize the profit of their operation that makes 4 products (W, X, Y, and Z) which uses material 1 and material 2. The limited resources on storage space have a maximum capacity of 3540 cubic inches. The available material 1 and 2 are limited with 1952 square inch and 3687 kg. The total available time for assembly and testing are 6521 minutes and 2935 minutes. Products Resources Total Capacity Y Storage (cubic inch) Material 1 (sq inch) Assembly time (Minutes) Material 2 (kg) Testing time (Minutes) Profit (pesos) 3540 cu inch 1952 sq inch 45 40 45 35 25 17 19 23 65 85 72 68 6521 minutes 45 36 43 42 3687 kg 45 25 35 30 2935 minutes 4900 4000 4200 3900 Questions: 1. What is the optimal solution (profit and number of units for each product) of the problem above? 2. As a manager, what are your interpretations of the result (sensitivity analysis)?
Transcribed Image Text:A manager wants to maximize the profit of their operation that makes 4 products (W, X, Y, and Z) which uses material 1 and material 2. The limited resources on storage space have a maximum capacity of 3540 cubic inches. The available material 1 and 2 are limited with 1952 square inch and 3687 kg. The total available time for assembly and testing are 6521 minutes and 2935 minutes. Products Resources Total Capacity Y Storage (cubic inch) Material 1 (sq inch) Assembly time (Minutes) Material 2 (kg) Testing time (Minutes) Profit (pesos) 3540 cu inch 1952 sq inch 45 40 45 35 25 17 19 23 65 85 72 68 6521 minutes 45 36 43 42 3687 kg 45 25 35 30 2935 minutes 4900 4000 4200 3900 Questions: 1. What is the optimal solution (profit and number of units for each product) of the problem above? 2. As a manager, what are your interpretations of the result (sensitivity analysis)?
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