Question: Question 2: 15 marks Refer to the Gulf Golf Problem described in the Lecture sessions, suppose that mcv xzanagement encounters each of the following situations:

Question 2: 15 marks

Refer to the Gulf Golf Problem described in the Lecture sessions, suppose that mcv xzanagement encounters each of the following situations:

  1. The accounting department revises its estimate of the profit contribution for the deluxe bag to $18 per bag
  2. A new low-cost material is available for the standard bag(S), and the profit contribution per standard bag can be increased to $20 per bag. (Assume the profit contribution of the deluxe bag(D) is the original $9 value)
  3. New sewing equipment is available that would increase the sewing operation capacity to 750 hours (Assume 10S + 9D is the appropriate objective functions)

If each of these conditions is encountered separately, what are the optimal solution and the total profit contribution for each situation?

(maximum 500 words)

Part 2-Outcomes-1 mark

Marks

Page Number

Problem statement

1

Data Points, constraints type and objectives

4

Analytical equations with condition forms

4

Co-ordinates for graphs, Graphical representation, Feasible region hatching

4

Final number for standard and deluxe bag and discussion

2

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