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 puts the pieces together to create the final product and requires minute to make a pair of sandals and minutes to make pair of boots. It has minutes available.
Factory needs at least employees to produce sandals and employee for boots. The total minimum employees required is
Factory needs at least employees to produce sandals and employees for boots. The total minimum employees required is
There is only enough material to make a maximum of pairs of sandals.
Run a sensitivity report.
Answer the following on a Word document:
What is the allowable range for sandals?
What is the allowable range for boots?
Without using Excel, explain what would happen to the optimal solution if the profit for sandals increased by $
Without using Excel, explain what would happen to the optimal solution if the profit for boots increased by $
Why is What If Analysis important for managers to understand in the decisionmaking process?
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.
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