In Problem 13, explain the effect on the optimal solution of increasing the profit on a bracelet from $400 to $600. What will be the effect of changing the platinum requirement for a necklace from 2 ounces to 3 ounces?
Answer to relevant QuestionsIn Problem 13:a. The maximum demand for bracelets is four. If the store produces the optimal number of bracelets and necklaces, will the maximum demand for bracelets be met? If not, by how much will it be missed?b. What ...Solve the following linear programming model graphically:maximize Z = 1.5x1 + x2subject tox1 ≤ 4x2 ≤ 6x1 + x2 ≤ 5x1, x2 ≥ 0Solve the following linear programming model graphically:minimize Z = 8x1 + 6x2subject to4x1 + 2x2 ≥ 20-6x1 + 4x2 ≤ 12x1 + x2 ≥ 6x1, x2 ≥ 0A manufacturing firm produces two products. Each product must undergo an assembly process and a finishing process. It is then transferred to the warehouse, which has space for only a limited number of items. The firm has 80 ...In Problem 48, the Rays have checked their sales records for the past 5 years and have found that they sell at least 50% more chow-chow than tomato relish. How will this additional information affect their model and solution?
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