Refer to the Kelson Sporting Equipment problem. Letting R = number of regular gloves C = number
Question:
R = number of regular gloves
C = number of catchers mitts leads to the following formulation:
Max 5R + 8C
s.t.
R + 3/2 C ¤ 900 Cutting and sewing
1/2 R + 1/3 C ¤ 300 Finishing
1/8 R + 1/4 C ¤ 100 Packaging and shipping
R, C ¥ 0
The computer solution obtained using The Management Scientist is shown in Figure.
THE MANAGEMENT SCIENTIST SOLUTION FOR THE KELSON SPORTING
EQUIPMENT PROBLEM
a. What is the optimal solution, and what is the value of the total profit contribution?
b. Which constraints are binding?
c. What are the dual prices for the resources? Interpret each.
d. If overtime can be scheduled in one of the departments, where would you recommend doingso?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Related Book For
Quantitative Methods for Business
ISBN: 978-0324651751
11th Edition
Authors: David Anderson, Dennis Sweeney, Thomas Williams, Jeffrey cam
Question Posted: