1. Objective functions

2. constraints

3. sensitivity reports

4. optimal solution

5. total cost of manufacturing

6. total cost of assembly

7. total cost of inapection & packaging

8. what is the most the company is willing to pay for 10 more hours of manufacturing time?

Ace, LLC, manufactures two models of snowboard bindings for backcountry use. Their manufacturing plant runs three different production lines: manufacturing (M), assembly (A) and inspection and packaging (P). Their CarvePlus model requires 2.2 hours of manufacturing time, 1.5 hours of assembly time, 0.5 hours of inspection and packaging time, and makes a $60 per unit contribution to profit. Ace's VerticalDrop model requires 15% more manufacturing time, 20% more assembly time, the same 0.5 hours for inspection and packaging, and makes a $75 per unit contribution to profit. Ace estimates that they have 400 man-hours available for manufacturing, 240 man-hours available for assembly, and 100 man-hours for inspection and packaging for the coming month. They can schedule up to an additional 80 hours of (combined) overtime for their manufacturing and assembly lines at a cost of $15 per hour, but cannot use overtime for inspection and packaging. Further, Ace believes that at least 40% of the models produced must be their Carve Plus model