Examine the LP formulation in Problem 7-29. The problems second constraint reads 6X + 4Y 24
Question:
6X + 4Y ≤ 24 hours (time available on machine 2)
If the firm decides that 36 hours of time can be made available on machine 2 (namely, an additional 12 hours) at an additional cost of $10, should it add the hours?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 56% (16 reviews)
Using the corner point method we determine that the optimal so...View the full answer
Answered By
PUJARI SUDHEER
I am B.Tech - MBA Dual Degree Graduate from the Indian Institute of Technology Kanpur, one of the greatest institutes in the world. I voluntarily taught my Juniors and helped them to succeed in Pre - University Engineering Exams like Joint Entrance Examination - Mains and Advanced. I deal with the subject in an interesting way and ensure my students that they enjoy the studies
0.00
0 Reviews
10+ Question Solved
Related Book For
Quantitative Analysis for Management
ISBN: 978-0132149112
11th Edition
Authors: Barry render, Ralph m. stair, Michael e. Hanna
Question Posted:
Students also viewed these Statistics questions
-
What types of claims can be made under workers compensation programs? Explain
-
What kind of decisions can be made when analyzing financial statements?
-
One type of slingshot can be made from a length of rope and a leather pocket for holding the stone. The stone can be thrown by whirling it rapidly in a horizontal circle and releasing it at the right...
-
LO 1,3 SPREADSHEET 1: Total net income: $20,600 1: Total assets: $45,000 Preparation and Interpretation of Financial Statements P9. Bachino's Pizza's accounts follow. The company has just completed...
-
List the major functions of financial markets and intermediaries in a modern financial system.
-
One of the most feared predators in the ocean is the great white shark. It is known that the white shark grows to a mean length of 21 feet; however, one marine biologist believes that great white...
-
What is the systems model of T&D? Discuss how HRIS T&D applications can assist in carrying out the steps in the systems model.
-
Lance H. and Wanda B. Dean are married and live at 431 Yucca Drive, Santa Fe, NM 87501. Lance works for the convention bureau of the local Chamber of Commerce, while Wanda is employed part-time as a...
-
Key figures for the recent two years of both Apple and Google follow. Apple Google $ millions Current Year Current assets Current liabilities $ 162,819 105,718 Prior Year $ 131,339 $ 152,578 115,929...
-
Stan Eckhardt, aged 57, received a superannuation lump sum of $310,000 from his superannuation fund upon retirement on 15 April 2018. PAYG tax of $28,170 was withheld from the lump sum. The lump sum...
-
Graphically analyze the following problem: Maximize profit = $4X + $6Y Subject to X + 2Y 8 hours 6X + 4Y 24 hours (a) What is the optimal solution? (b) If the first constraint is altered to X + 3Y ...
-
Consider the following LP problem: Maximize profit = 5X + 6Y Subject to 2X + Y 120 2X + 3Y 240 X, Y 0 (a) What is the optimal solution to this problem? Solve it graphically. (b) If a technical...
-
Redo Exercise 4.17 for the case where the vertical loading is 50 MPa in tension and the horizontal loading is 50 MPa in compression. Data from exercise 4.17 Using cylindrical coordinates, we wish to...
-
(1) (ii) In your own words write a brief description of the operations of each of the six companies. Each description cannot be longer than two sentences. Use the data in the EXCEL Worksheet to...
-
Explain why transparency is a best practice between you and your mentor? What attributes should you look for when choosing a mentor? What strengths do you possess that make you a good mentor? What...
-
Which of the following is not a motivation or advantage of using self-directed teams? Employees may deal with conflict within teams. Greater responsiveness is possible. Teams have greater expertise...
-
What are two aspects of project planning that will ensure success ?Explain
-
Write a complete C++ program that asks the user to type two positive integers. Validate the input. It should show a horizontal bar of X symbols whose length is given by the shorter of the two...
-
Users A and B use the Diffie-Hellman key exchange technique with a common prime \(q=71\) and a primitive root \(\alpha=7\). a. If user A has private key \(X_{A}=5\), what is A's public key \(Y_{A}\)...
-
Find the center of mass of a thin triangular plate bounded by the y-axis and the lines y = x and y = 2 - x if (x, y) = 6x + 3y + 3.
-
Draw a diagram of this nation's market for auto- mobiles, which are a substitute for buses. Explain how the government policy you discussed in part (b) of Problem 5-5 is likely to affect the market...
-
Jan Gentry is the owner of a small company that produces electric scissors used to cut fabric. The annual demand is for 8,000 scissors, and Jan produces the scissors in batches. On the average, Jan...
-
Jim Overstreet, inventory control manager for Itex, receives wheel bearings from Wheel-Rite, a small producer of metal parts. Unfortunately, Wheel-Rite can only produce 500 wheel bearings per day....
-
North Manufacturing has a demand for 1,000 pumps each year. The cost of a pump is $50. It costs North Manufacturing $40 to place an order, and the carrying cost is 25% of the unit cost. If pumps are...
-
Michelle is a 47-year old woman who has not been to see any healthcare provider since the birth of her third child 6 years ago. She is considering making an appointment to discuss medical options for...
-
The starting salaries of recent graduates and their majors in college were surveyed. Specifically, 300 graduates were included in the survey. You conduct a test to determine whether majors and...
-
Differentiate and describe the different types of budgets commonly used by the healthcare facilities ( be sure to label the responses with appropriate numbers) compare incremental budgeting and zero...
Study smarter with the SolutionInn App