Question: 4 2 Chapter 3 OptimizationofLinearModelsMin Cost: 2 MH + 1 . 5 MS + 3 BH + 2 BSst . 5 0 MH + 1
Chapter OptimizationofLinearModelsMin Cost: MHMSBHBSstMHMS Available YarnMHMSMachine TimeMH BHHats NeededMS BSScarves NeededMH, MS BH BSNonNegativity constraintUse Solver on this LP problem to determine the minimum cost of completing thecontract.a What is the optimal solution?b What is the optimal value?c It will cost $ to add an additional hours of machine time. Is this a goodbusiness decision? What would be the total cost of completing the contract ifthe hours are added?
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