Question: Use a two - way SolverTable to investigate the effect on total cost of two simultaneous changes. The first change is to allow the ratio
Use a twoway SolverTable to investigate the effect on total cost of two simultaneous changes. The first change is to allow the ratio of overtime to regulartime production cost currently $$ to decrease from to in increments of while keeping the regular time cost at $ The second change is to allow the production capacity each month currently to decrease by to in increments of The idea here is that less regulartime capacity is available, but overtime becomes relatively cheaper. Is the net effect on total cost positive or negative?
For low ratios of overtime to regular time production cost, as production capacity decreases, cost
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For high ratios of overtime to regular time production cost, as production capacity decreases, cost
Select
As the ratio of overtime to regular time production cost increases, cost
Select
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