Question: The Par, Inc., Problem ( revisited ) . Refer to the Par, Inc., problem described in Section 2 . 1 . Suppose that Par, Inc.
The Par, Inc., Problem revisited Refer to the Par, Inc., problem described in Section Suppose that Par, Inc.s management encounters the situations described below. If Par, Inc., encounters each of these situations separately, what is the optimal solution and the total profit contribution for each situation described? MLO
a The accounting department revised its estimate of the profit contribution for the deluxe bag to $ per bag.
b A new lowcost material is available for the standard bag, and the profit contribution per standard bag can be increased to $ per bag. Assume that the profit contribution of the deluxe bag is the original $ value.
c New sewing equipment is available that would increase the sewing operation capacity to hours. Assume that A B is the appropriate objective function.
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