Question: please help me with this asap Vollmer Manffacturing makes three components for sale to refrigeration companies. The components are processed on two machines: a shaper

 please help me with this asap Vollmer Manffacturing makes three components

for sale to refrigeration companies. The components are processed on two machines:

a shaper and a Activity Frame ynuc. "Ir imes (in minutes) required

please help me with this asap

Vollmer Manffacturing makes three components for sale to refrigeration companies. The components are processed on two machines: a shaper and a Activity Frame ynuc. "Ir imes (in minutes) required on each machine are as follows: The shaper is available for 120 hours, and the grinder for 110 hours. No more than 200 units of component 3 can be sold, but up to 1,000 units of each of the other components can be sold. In fact, the company already has orders for 600 units of component 1 that must be satisfied. The profit contributions for components 1,2 , and 3 are $8,$6, and $9, respectively. (a) Formulate and solve for the recommended production quantities. If the constant is "1" it must be entered in the box. If an amount is zero, enter "0". Let C1= units of component 1 manufactured C2= units of component 2 manufactured C3= units of component 3 manufactured Interpret these ranges for company management. The input in the box below will not be graded, but may be reviewed and considered by your instructor. (c) What are the right-hand-side ranges? Interpret these ranges for company management. The input in the box below will not be graded, but may be reviewed and considered by your instructor. 2 to Interpret these ranges for company management. The input in the box below will not be graded, but may be reviewed and considered by your instructor. (d) If more time could be made available on the grinder, how much would it be worth? Explain. The input in the box below will not be graded, but may be reviewed and considered by your instructor. (e) If more units of component 3 can be sold by reducing the sales price by $4, should the company reduce the price? Explain. The input in the box below will not be graded, but may be reviewed and considered by your instructor

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 Finance Questions!