Question: Answer the following: a. what is optimal solution? b. what is the profit? c. if the profit of product 3 was changed to $15.50 and
Answer the following:
a. what is optimal solution?
b. what is the profit?
c. if the profit of product 3 was changed to $15.50 and the profit of product 1 was changed to $11.90 at the same time, would the solution change? explain.
d. if the number of minutes of machine time was decreased to 157 minutes and the amount of materials were decreased to 160 pounds at the same time, would the solution change? explain.
e. the dual price for constraint 2 (labor) is 1.548. in terms of this problem, what does that mean?
please show work so i can understand. thank you!
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