Question: Solve the linear programming model formulated in Problem 48 for Hokes Spokes by using the computer. a. Should John Hoke try to increase his budget
a. Should John Hoke try to increase his budget for purchasing bikes, increase space to stock bikes, or increase labor hours to assemble bikes? Why?
b. If John hired an additional worker for 30 hours at $10 per hour, how much additional profit would he make, if any?
c. If John purchased a cheaper cross-country bike for $1,200 and sold it for $1,900, would this affect the original solution?
Step by Step Solution
3.52 Rating (169 Votes )
There are 3 Steps involved in it
x 1 3 x 3 6 Z 3600 a More hours to assemble the dual value for budget and space is ... View full answer
Get step-by-step solutions from verified subject matter experts
Document Format (1 attachment)
300-B-F-F-M (3281).docx
120 KBs Word File
