Question: Need A-2 Problem 19-16 (Static) A garden store prepares various grades of pine bark for mulch: nuggets (Xj), mini-nuggets (X2), and chips (x3). The process


Need A-2
Problem 19-16 (Static) A garden store prepares various grades of pine bark for mulch: nuggets (Xj), mini-nuggets (X2), and chips (x3). The process requires pine bark, machine time, labor time, and storage space. The following model has been developed. 9x1 + 9x2+ 6x3 (profit) Maximize Subject to Bark Machine Labor Storage 5x + 6x2 + 3x3 3 600 pounds 2x1 + 4x2 + 5x3 = 600 minutes 2x1 + 4x2 + 3x3 5 480 hours 1x1 + 1x2 + 1x3 $ 150 bags X1 X2 X30 a-1. What is the marginal value of a pound of pine bark? (Round your answer to 2 decimal places.) Answer is complete and correct. The marginal value of a pound of bark is $ 1.50Step 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
