Question: 2. Consider Figure A and associated Table A. What is the optimal objective function value? A. 170,000 B. 10,000 C. 20,000 D. 58,000 E. none

2. Consider Figure A and associated Table A. What2. Consider Figure A and associated Table A. What2.

Consider Figure A and associated Table A. What is the optimal objective function value?

A.

170,000

B.

10,000

C.

20,000

D.

58,000

E.

none of the above

Consider Figure A and associated Table A. By how much would the profit contribution of product variant B has to increase before it will be profitable to produce B?

A.

0

B.

3.2

C.

0.23

D.

10000

E.

none of the above

Consider Figure A and associated Table A. Suppose that due to machine breakdown the available assembly time is now only 70,000 minutes. What impact will this have on the current optimal objective function value?

A.

no change

B.

a decrease of $18000

C.

an increase of $100000

D.

an increase of $82000

E.

none of the above

Consider an LP model of a manufacturing process concerned with the production of four variants of the same product, A,B,C , and D, each of which will yield a certain profit per unit sold, and each requires a certain time for assembly, packing and polishing. Given the current state of the labor force the company estimates time limits available for each of the availability operation. The objective is to determine how many of each variant to make to achieve the greatest possible profit while satisfying all constraints. Figure A. LP Formulation Maximize 3A+2.8B+3C+4.5D Subject to Assembly 2A+4B+4C+6D100,000 minutes Polish 3A+2B+4C+4D50,000 minutes Pack 2A+4B+2C+5D60,000 minutes Table A. Sensitivity Report Variable Cells Variahlaralle Reference: LP Model - Production of four product variants Consider Figure A and associated Table A. Which constraints are binding? A. 1 B. 2 C. 2 and 3 D. 1 and 3

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