Question: Find the new optimal solution. Recall the GulfGolf glove problem (Chapter 2, Problem 13). Letting: R = number of regular gloves P= number of professional
Find the new optimal solution. Recall the GulfGolf glove problem (Chapter 2, Problem 13). Letting: R = number of regular gloves P= number of professional gloves leads to the following formulation: Max 5R+ 8P s.t R+P900 Cutting and dyeing 2R+P300 Finishing /R+P 100 packaging and shipping R.P 0 The computer solution obtained using The Management Scientist is shown in Figure 3.15.
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 doing so?
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