Question: Question 1 0 : How much will you be willing to pay to increase the capacity of machine 1 from 8 0 hours a week

Question 10: How much will you be willing to pay to increase the capacity of machine 1 from 80
hours a week to 100 hours a week? Explain.
Question 11: Consider the original formulation of the problem as you determined in question #1:
One of the managers examined your LP model and noted that you did not take into account the
requirement to run a quality assurance process for product 1 and 2. She told you that it takes 10
minutes to complete the quality assurance of a product (regardless if it is product 1 or 2) and that
there are 10 hours a week available for performing the quality assurance. Would this new constraint
change the optimal product mix that you determined in question 5(and which you verified in question
6)? If yes, how would the optimal solution change? If not, explain why the new constraint does not
change the optimal product mix.
Question 12: Consider the original formulation of the problem as you determined in question #1:
One of the managers examined your LP model and noted that you did not take into account the
requirement that a total of at least 60 products will be produced each week. Would this new
constraint change the optimal product mix that you determined in question 5(and which you verified in
question 6)? If yes, how would the optimal solution change? If not, explain why the new constraint
does not change the optimal product mix.

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 General Management Questions!