Operations Research : Applications and Algorithms
4th Edition
ISBN: 9780534380588
Author: Wayne L. Winston
Publisher: Brooks Cole
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Expert Solution & Answer
Chapter 5, Problem 13RP
a.
Explanation of Solution
Optimal solution
- From the LINDO output, the objective function value is 2333.33.
- If the cost for producing 1000 tools at ...
b.
Explanation of Solution
Pay for additional labour
- From the LINDO output, the reduced cost of labour is 19.7333.
- Here the price for an additional hour of labour is reduced to $4...
c.
Explanation of Solution
Increasing production capacity
- Here the consultant offers to increase plant 1’s production capacity by 5000 tools.
- The production capacity of 5000 tools has a cost of $400...
d.
Explanation of Solution
Pay for additional nurses
- From the LINDO output, the old optimum value is 2333.33.
- The shadow price of row 4 is 0.26667.
- Hence the pay for additional nurses is given by:
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Chapter 5 Solutions
Operations Research : Applications and Algorithms
Ch. 5.1 - Prob. 1PCh. 5.1 - Prob. 2PCh. 5.1 - Prob. 3PCh. 5.1 - Prob. 4PCh. 5.1 - Prob. 5PCh. 5.2 - Prob. 1PCh. 5.2 - Prob. 2PCh. 5.2 - Prob. 3PCh. 5.2 - Prob. 4PCh. 5.2 - Prob. 5P
Ch. 5.2 - Prob. 6PCh. 5.2 - Prob. 7PCh. 5.2 - Prob. 8PCh. 5.3 - Prob. 1PCh. 5.3 - Prob. 3PCh. 5.3 - Prob. 4PCh. 5.3 - Prob. 5PCh. 5.3 - Prob. 6PCh. 5.3 - Prob. 7PCh. 5.3 - Prob. 9PCh. 5.3 - Prob. 10PCh. 5.3 - Prob. 11PCh. 5 - Prob. 1RPCh. 5 - Prob. 2RPCh. 5 - Prob. 3RPCh. 5 - Prob. 4RPCh. 5 - Prob. 6RPCh. 5 - Prob. 7RPCh. 5 - Prob. 8RPCh. 5 - Prob. 9RPCh. 5 - Prob. 10RPCh. 5 - Prob. 11RPCh. 5 - Prob. 12RPCh. 5 - Prob. 13RPCh. 5 - Prob. 14RPCh. 5 - Prob. 15RPCh. 5 - Prob. 16RP
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