Question: If you could show the math/work that would be really helpful For Completion on Page 4 and 5: Use the Lindo data to answer questions

If you could show the math/work that would be really helpful

If you could show the math/work that would beIf you could show the math/work that would beIf you could show the math/work that would be

For Completion on Page 4 and 5: Use the Lindo data to answer questions provided. Important Notes: You must show all work or you will receive ZERO points. You cannot just write answers. This means: If you are using a graphing calculator, you STILL must show all work. You must round to 2 decimal points. If you do not, points will be deducted. You must write neatly and NOT in red ink. You are not permitted to cross out answers; use white-out or start over. If I cannot read your work, you will receive zero points. This is very important when you are graphing. The following is the Lindo printout based on the data provided. Use this Lindo information to answer the following questions: CONSTR SLACK OR SURPLUS DUAL PRICES RANGES IN WHICH THE BASIS IS UNCHANGED: Mix 0.000000 4.000000 Pkg 0.000000 1.000000 OBJ COEFFICIENT RANGES Lett 30.000000 0.000000 VARIABLE CURRENT ALLOWABLE ALLOWABLE Basic 12.500000 0.000000 COEF INCREASE DECREASE X1 11.000000 16.000000 2.000000 9.000000 2.000000 5.333333 X2 CONSTR Mix Pkg Lett Basic RIGHTHAND SIDE RANGES CURRENT ALLOWABLE ALLOWABLE RHS INCREASE DECREASE 50.000000 16.666666 10.000000 60.000000 15.000000 25.000000 80.000000 INFINITY 30.000000 20.000000 INFINITY 12.500000 1. If the profit for an X1 were to increase to $15, how much ADDITIONAL PROFIT would the company make (if any)? (1 pt) Math Work: Answer: 2. If the profit for an X2 were to decrease to $6.00, how much profit would the company lose? (1 pt) Math Work: Answer: 3. If they could obtain an additional 15 minutes of mixing at a cost of $2/min, what is their NEW TOTAL PROFIT? (1 pt) Math Work: Answer: 4. If they could obtain an additional 10 minutes of packaging at a cost of $1.50/min, what is their ADDITIONAL PROFIT (if any)? Provide a brief explanation to support your answer. (1 pt) Math Work: Answer: 5. If they could obtain an additional 20 units of LETTUCE at a cost of $1.50/unit, what is their ADDITIONAL PROFIT (if any)? Provide a brief explanation to support your answer. (1 pt) Math Work: Answer: 6. After checking the lettuce supply for the day, they realize that only 20 oz is usable/of good quality. How does this impact the problem/solution? Explain in 2 sentences or less. (2 pts)

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!