Operations Research : Applications and Algorithms
Operations Research : Applications and Algorithms
4th Edition
ISBN: 9780534380588
Author: Wayne L. Winston
Publisher: Brooks Cole
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Chapter 5, Problem 6RP

a.

Explanation of Solution

Pay for another unit of raw material

  • Let xi be the units of product i produced and L be the number of labour hours purchased

b.

Explanation of Solution

Pay for another hour of labour

.

  • Let xi be the units of product i produced and

c.

Explanation of Solution

Cost of product for the company

  • Let xi be the units of product i produced and L be the number of labour hours purchased

d.

Explanation of Solution

Profit

  • Let xi be the units of product i produced and L be the number of labour hours purchased.
  • The new optimum solution value or profit is calculated by the given formula:

    New value = Old value – (Key column value × Key row value) / Key val

e.

Explanation of Solution

Profit

  • Let xi be the units of product i produced and L be the number of labour hours purchased.
  • The new optimum solution value or profit is calculated by the given formula:

    New value = Old value – (Key column value × Key row value) / Key value

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Operations Research : Applications and Algorithms
Computer Science
ISBN:9780534380588
Author:Wayne L. Winston
Publisher:Brooks Cole