The Shadow price for welding is $15/hour. The allowable decrease is 20 hours, and the allowable increase for the welding time constraint is 30 hours. The welders normally make $14/hour, and during overtime, they earn up to $16/hour. What decision should the management make after conducting a sensitive analysis?Explain

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After conducting a sensitivity analysis and considering the shadow price allowable decrease allowable increase and the wage rates the management shoul... View the full answer