Question: Answer the following questions by using only the printout obtained in ( a ) . ( This means that you may not change the values
Answer the following questions by using only the printout obtained in aThis means that you may not change the values of the relevant parameters in the model and do reruns with SOLVER. Explain how you arrive at your answers. b Suppose that instead of R each ruby costs R Will Zales still buy extra rubies? If so will the production plan and profit change? c Suppose that Zales was required to produce at least type rings. What would Zales profit now bed What is the most that Zales will be willing to pay for another hour of jewellers labour time? How many hours may be obtained at this price? e What is the most Zales will be willing to pay for another sapphire? f Zales discovers another rubies in his safe. How will the availability of these extra rubies change his production plan and profit? g The market demand changes and Zales must now produce at least type rings and at least type rings. How will this change his production plan and profit?
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