Question: in excel 334 Chapter 8 Linear Programming Sensitivity Analysis and Interpretation of Solution SELF test 5. Refer to the Kelson Sporting Equipment problem (Chapter 7.
in excel
334 Chapter 8 Linear Programming Sensitivity Analysis and Interpretation of Solution SELF test 5. Refer to the Kelson Sporting Equipment problem (Chapter 7. Problem 24). Letting R-number of regular gloves C = number of catcher's mitts leads to the following formulation: Max SR + 8C S.L. R+W.C 900 Cutting and sewing VR+VC 300 Finishing WR + WC s 100 Packaging and shipping RC20 The sensitivity report is shown in Figure 8.14 a. What is the optimal solution, and what is the value of the total protit contribution? bWhich constraints are binding? c. What are the shadow prices for the resources? Interpret each. d. If overtime can be scheduled in one of the departments, where would you recommend doing so
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
