Question: Use Solver to create Answer and Sensitivity Reports for question 18 at the end of Chapter 2 and answer the following questions: a. If the

Use Solver to create Answer and Sensitivity Reports for question 18 at the end of Chapter 2 and answer the following questions:

a. If the profit on Razors decreased to $35 would the optimal solution change?

b. If the profit on Zoomers decreased to $35 would the optimal solution change?

c. Interpret the shadow price for the supply of polymer.

d. Why is the shadow price $0 for the constraint limiting the production of pocket bikes to no more than 700 units?

e. Suppose the company could obtain 300 additional labor hours in production. What would the new optimal level of profit be?

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Bikes Produced 240 420 Total Profit Unit Profit 70 40 33600 Requirements Used Available Polymer 2 1 ... View full answer

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