Question: Problem 1 9 - 1 6 ( Static ) A garden store prepares various grades of pine bark for mulch: nuggets ( x 1 )
Problem Static
A garden store prepares various grades of pine bark for mulch: nuggets mininuggets and chips The process requires pine bark, machine time, labor time, and storage space. The following model has been developed.
Maximize
Subject to
a What is the marginal value of a pound of pine bark? Round your answer to decimal places.
The marginal value of a pound of bark is
a Over what range is this price value appropriate?
This marginal value is in effect from
lbs to
lbs of bark.
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