Question: Factory 2 puts the pieces together to create the final product and requires 1 . 5 minute to make a pair of sandals and 4

Factory 2 puts the pieces together to create the final product and requires 1.5 minute to make a pair of sandals and 4.5 minutes to make pair of boots. It has 2300 minutes available.
Factory 1 needs at least 15 employees to produce sandals and 7 employee for boots. The total minimum employees required is 4000.
Factory 2 needs at least 10 employees to produce sandals and 9 employees for boots. The total minimum employees required is 5000.
There is only enough material to make a maximum of 110 pairs of sandals.
2. Run a sensitivity report.
Answer the following on a Word document:
3. What is the allowable range for sandals?
4. What is the allowable range for boots?
5. Without using Excel, explain what would happen to the optimal solution if the profit for sandals increased by $20.
6. Without using Excel, explain what would happen to the optimal solution if the profit for boots increased by $50.
7. Why is What If Analysis important for managers to understand in the decision-making process?
8. Describe a constraint that could be added to this problem that would make it nonlinear.
One person should submit both the Excel file and the Word doc.
 Factory 2 puts the pieces together to create the final product

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!