Question: Interpreting Computer Output-Multiple Constraints: Computer output for problem 13-25 is as follows: Required: Answer the following questions using the computer output. a. What is the

Interpreting Computer Output-Multiple Constraints: Computer output for problem 13-25 is as follows: 41.5 P1 + 35.5 P2 MAX SUBJECT TO: Linear Programming Input Machining

Assembly Demand for P2 2 P11.5 P2 2000 3 P1 +3 P23000

Required: Answer the following questions using the computer output.

a. What is the optimal production level for PI? For P2?

b. What is the total contribution margin obtained at the optimal production level and how was it computed?

c. How much of the machine-hours resource is unused? How much of the assembly-hours resource is unused?

d. How much would the company be willing to pay for an additional hour of machining time? For an additional hour of assembly time?

41.5 P1 + 35.5 P2 MAX SUBJECT TO: Linear Programming Input Machining Assembly Demand for P2 2 P11.5 P2 2000 3 P1 +3 P23000 P2 = 500 Summary of Problem Objective Function Value: $38,500 Variable P1 P2 Value Reduced Value 500.00 0.0 500.00 0.0

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