Question: The following formulation and LINDO computer output we given X1 units of product 1 to be produced X units of product 2 to be produced

The following formulation and LINDO computer output we given X1 units of product 1 to be produced X units of product 2 to be produced MAX 25 X1 + 20 X2 SUBJECT TO 1.5X13X2 - 450 Labor Hours available in Department A 2X1 + X2 4-350 Labor Hours available in Department X1 X2 -200 Labor Hours available in department OBJECTIVE FUNCTION VALUE 4750.000 VARIABLE VALUE REDUCED COST 150.000000 0.000000 X2 50.000000 0.000000 CONSTRAINTS SLACK OR SURPLUS DUAL PRICES 1) 75.000000 0.000000 23 O D00000 5.000000 31 0.000000 15.000000 OBJ COEFFICIENT RANGES VARIABLE CURRENT ALLOWABLE ALLOWABLE COEF INCREASE DECREASE X1 25.000000 15.000000 5.000000 X2 20.000000 5.000000 7.500000 CONSTRAINTS CURRENT ALLOWABLE ALLOWABLE RHS INCREASE DECREASE 450.000000 INFINITY 75.000000 2 350.000000 50.000000 50.000000 3 200.000000 16.666666 25.000000 Based on the above computer output with LINDO answer the following questions XO OBJECTIVE FUNCTION VALUE 4750,000 VARIABLE VALUE REDUCED COST Xt 150.000000 0.000000 50.000000 0.000000 CONSTRAINTS SLACK OR SURPLUS DUAL PROCES 11 75.000000 0.000000 0.000000 5.000000 30 0.000000 15.000000 OBI COEFFICIENT RANGES VARIABLE CURRENT ALLOWABLE ALLOWABLE COEF INCREASE DECREASE X1 25.000000 15.000000 5.000000 20.000000 SO00000 7.500000 CONSTRAINTS CURRENT ALLOWABLE ALLOWABLE RHS INCREASE DECREASE 1 450.000000 INFINITY 75.000000 2 350.000000 50.000000 50.000000 3 200.000000 16.666666 25.000000 Based on the above computer output with LINDO answer the following questions 1. How many units of each product should be produced in order to maximine the profit contribution? What is the projected profit How many labor housed in each deatment for the above production and the slack bout exhdeoartment 2. This company is one to hire awfulltime employee and assign this person to Department to increase production. Do you think the decision can be this company of our 4. Suppose that the production manager procures an additional 10 labor hours in department What impact will this love on the current pomal objective function value]

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!

Waldorf Astoria Spa & Health Club at Waldorf Astoria Chicago offers high-quality hair-styling and physical relaxation services at a reasonable price, so it always has unlimited demand. The process...

The ABC Manufacturing Company makes two products. The profit estimates are $5 for each unit of product 1 sold and $4 for each unit of product 2 sold. The labor-hour requirements for the products in...

II. The ABC Manufacturing Company makes two products. The profit estimates are $5 for each unit of product 1 sold and $4 for each unit of product 2 sold. The labor-hour requirements for the products...

II. The ABC Manufacturing Company makes two products. The profit estimates are $5 for each unit of product i sold and $4 for each unit of product 2 sold. The labor-hour requirements for the products...

The Belanger Manufacturing Company makes two products. The profit estimates are $5 for each unit of product 1 Sold and 54 for each unit of product 2 sold. The labor-hour requirements for the products...

Question 9 0 out of 1 points (Laker Steel) Laker Steel considers a product mix problem with three products and three constraints. Let X1 = units of product 1, X2 = units of product 2, and X3 = units...

Laker Steel) Laker Steel considers a product mix problem with three products and three constraints. Let X1 = units of product 1, X2 = units of product 2, and X3 = units of product 3. The constraints...

My tutor that I Have been using for the past 5 weeks bailed on me with an assignment due tomorrow by 9PM Central USA time. There is 3 weeks left in this course. I am looking for someone that is...

Acme sells two sprocket assemblies for escalators and elevators. Each type of sprocket must first be machined and then assembled. Unit machining and assembly times, capacity limitations, demand...

Use the identity of Theoretical Exercise 5 to derive E[X2] when X is an exponential random variable with parameter . Theoretical Exercise 5 Use the result that, for a nonnegative random variable Y,...

Polaris Company provided the following data for the month of July: Cash in bank per ledger Balance June 30 Book debits for July including June CM for note collected, P300,000 Book credits for July...

E15.26 (LO 1, 5) (EPS with Convertible Bonds and Preference Shares) On January 1, 2025, Lund SA issued 10-year, 3,000,000 face value, 6% bonds, at par. Each 1,000 bond is convertible into 15 ordinary...

Read the articles on journaling and review the template provided. Identify what approach, to journaling, in the articles you found useful and why. Post to the discussion forum that you have reviewed...