Question: a) Determine the optimal production quantities. b) If overtime can be scheduled how much would you be willing to pay per hour of overtime in
| a) Determine the optimal production quantities. |
| b) If overtime can be scheduled |
| how much would you be willing to pay per hour |
| of overtime in each department? |
| c) If profit per unit of product 1 changes from $30 |
| to $35 how would that affect the optimal production |
| plan? What happens with the profit? |
| d) The management has an opportunity use some |
| part time workers in Department A to cover for |
| overtime. It turns out that they can get exactly 40 hrs. |
| at pay $5 per hour. Should |
| the management use those workers. |
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
