Operations Management
Operations Management
13th Edition
ISBN: 9781259667473
Author: William J Stevenson
Publisher: McGraw-Hill Education
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Chapter 19, Problem 15P

a)

Summary Introduction

To identify: If there are any binding constraints.

Introduction:

Linear programming:

Linear programming is a mathematical modeling method where a linear function is maximized or minimized taking into consideration the various constraints present in the problem. It is useful in making quantitative decisions in business planning.

b)

Summary Introduction

To determine: The value of decision variables when the profit on product 3 is changed.

c)

Summary Introduction

To determine: The value of decision variables when the profit on product 1 is changed.

d)

Summary Introduction

To determine: The value of decision variables when labor hours are 10 hours less.

e)

Summary Introduction

To determine: The additional profit if the manager decides that 20 units of product 2 could be produced.

f)

Summary Introduction

To determine: If the profit per each product increased by 1 will change the decision variables.

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