Repeat Problem 48 if the profit on a ten-speed bicycle increases from $100 to $110 and all

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Repeat Problem 48 if the profit on a ten-speed bicycle increases from $100 to $110 and all other data remain the same. If the slack associated with any problem constraint is nonzero, find it


Data from Problem 48

A company manufactures three speed, five-speed, and ten-speed bicycles. Each bicycle passes through three departments: fabrication, painting & plating, and final assembly. The relevant manufacturing data are given in the table.

Fabrication Painting & plating Final assembly Profit per bicycle ($) Labor-Hours per Bicycle Three- Five-

How many bicycles of each type should the company manufacture per day in order to maximize its profit? What is the maximum profit?

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Finite Mathematics For Business Economics Life Sciences And Social Sciences

ISBN: 9780134862620

14th Edition

Authors: Raymond Barnett, Michael Ziegler, Karl Byleen, Christopher Stocker

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