Question: Objective Cell ( Max ) Cell Name Original Value Final Value $C$ 2 2 Profit T 1 0 5 7 6 0 0 Variable Cells

Objective Cell (Max) Cell Name Original Value Final Value $C$22 Profit T1057600 Variable Cells Cell Name Original Value Final Value Integer $C$16 T1022 Contin $D$16 T2024 Contin $E$16 R 016 Contin Constraints Cell Name Cell Value Formula Status Slack $C$20 Demand T122 $C$20>=$C$9 Not Binding 2 $D$20 Demand T224 $D$20>=$D$9 Binding 0 $F$17 Rubies Utilisation 100 $F$17<=$F$6 Binding 0 $F$18 Sapphires Utilisation 114 $F$18<=$F$7 Not Binding 6 $F$19 Labour Utilisation 70 $F$19<=$F$8 Binding 0 Variable Cells Final Reduced Objective Allowable Allowable Cell Name Value Cost Coefficient Increase Decrease $C$16 T122012001E+30300 $D$16 T224015006001E+30 $E$16 R 160-300300300 Constraints Final Shadow Constraint Allowable Allowable Cell Name Value Price R.H. Side Increase Decrease $C$20 Demand T12202021E+30 $D$20 Demand T224-6002411,5 $F$17 Rubies Utilisation 100300100161E+30 $F$18 Sapphires Utilisation 11401201E+306 $F$19 Labour Utilisation 706007022 PBA4804 MAYJUNE 2024 EXAMINATION 6 Answer the following questions by using only the printout obtained in (a).(This means that you may not change the values of the relevant parameters in the model and do reruns with SOLVER.) Explain how you arrive at your answers. (b) Suppose that instead of R300, each ruby costs R750. Will Zales still buy extra rubies? If so, will the production plan and profit change? (5)(c) Suppose that Zales was required to produce at least 23 type 2 rings. What would Zales profit now be?(7)(d) What is the most that Zales will be willing to pay for another hour of jewellers labour time? How many hours may be obtained at this price? (4)(e) What is the most Zales will be willing to pay for another sapphire? (3)(f) Zales discovers another 20 rubies in his safe. How will the availability of these extra rubies change his production plan and profit? (3)(g) The market demand changes and Zales must now produce at least 22 type 1 rings and at least 23 type 2 rings. How will this change his production plan and profit? (3)

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