Question: Answer the following questions: 1 . What are the basic variables / Non basic variables? 2 . What are the binding constraints / non -
Answer the following questions: What are the basic variables Non basic variables? What are the binding constraints nonbinding constraints and what is the slacksurplus for each constraint? What is the total production cost? Determine the range of optimality for the labor hours such that the current solution remains optimal How much would it cost to produce one more vehicle? By how much would the solution change if it costs $ to produce at plant How would our solution change if it cost $ to produce at plant By how much would the solution change if it the material available increased to What would be the effect on the solution if the minimum production requirements at plant increased from to cars? If the labor hours available increased by the material available decreased by and the minimum requirement at plant increase by simultaneously, what would be the effect on the solution?
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