Question: Kelson makes two types of baseball gloves: a regular model and a catcher's model. The firm has 8 0 0 hours of production time available
Kelson makes two types of baseball gloves: a regular model and a catcher's model. The firm
has hours of production time available in its cutting and sewing department, hours
available in its finishing department, and hours available in its packaging and shipping
department. The production time requirements and the profit contribution per glove are
given in the following table:
Assuming that the company is interested in maximizing the total profit contribution, develop
a spreadsheet model and find the optimal solution using Excel Solver.
How many Regular and Catchers gloves should Kelson manufacture? Please answer as
an integer with no decimal place.
Regular:
Catcher:
What is the maximum total profit contribution Kelson can earn with the optimal production
quantities integer dollar value without the dollar sign
Max Total Profit Contribution:
Please interpret the shadow price of the Finishing Time constraint. if you increased the
available finishing time by hour, then the profit will increase by integer value only, no
dollar sign:
Profit increase:
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