Question: ( a ) For each component, calulate the profit margin ( in dollars, profit margin = selling price - msterisi cost - labor cost )
a For each component, calulate the profit margin in dollars, profit margin selling price msterisi cost labor cost
component $
component s
component
Formulate and solve for the recommended production quantities that will maximize contribution to profi.
b What are the objective coeffident ranges in dollars for the three components? If there is no upper or lower limit enter No uMiT. Fisund your answers to two docimal places.
component $
to $
component to
component to $ t
Interpret these ranges for compary management.
Indivicual changes in the profit coefficients autside these ranges will not cause a change in the optimal number of components to produce
O Individual changes in the profit coefficients within these ranges will cause changes in the optimal number of components to produce.
O Indiwidual changes in the profit coefficients within these ranges will not cause a change in the optimal number of components to produce.
c What are the righthandside ranges? Use minutes for time. If there is no upper ar lower limit enter NO LIMIT. Round your answers to the nearest integer.
shaper avoilability
to
grinder avallability
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