Pretend you are the manager of the Apple’s facility. Show how you could use the model in problem 1 to either: 1 ) “Predict a consequence” or 2) “prescribe a solution”. In one or two sentences, describe the scenario you envision and the components of the model that would change.

Example: The price of iPhone 11 fell in the market. I could use this model to show how the iPhone 11 price could impact the quantity of phones produced. I would alter the net profit in my objective function associated with the iPhone 11 variable.

You cannot answer with a scenario where changes in market prices cause the net profit of a variable to increase or decrease

Answer rating: 100% (QA)

Full credit was awarded if you indicated a scenario and specifically what compone... View the full answer