Business, 24.03.2021 18:50 marbo1

Given the following linear programming model, answer the questions that follow. You are given the result of a computer program. The results are Maximize 12 X1 + 18 X2 + 15 X3
Subject to:
Machine Constraint: 3 X1 + 4 X2 + 3 X3 < 160
Labor Constraint: 6 X1 + 10 X2 + 4 X3 < 288
Materials Constraint: 2 X1 + 2 X2 + 7 X3 < 200
Product 2 Constraint: X1 < 16
1. What is the optimal solution?
2. What is the profit?
3. If the profit of Product 3 was changed to $15.50 and the profit of Product 1 was changed $11.90, would that change the solution? Provide proof.
4. If the number of minutes of Machine time was decreased to 157 minutes and the amount of materials were decreased to 160 pounds, would this change the solution? Provide proof.
5.The Dual Price for Constraint 2 (Labor) is 1.548. In terms of this problem, what does that mean?

Answers: 1

Show answers

Other questions on the subject: Business

Business, 21.06.2019 19:10, ebonsell4910

King fisher aviation is evaluating an investment project with the following case flows: $6,000 $5,500 $7,000 $8,000 discount rate 14 percent what is the discounted payback period for these cash flows if the initial cost is 15,000? what if the initial cost is $12,000? what if the cost is $16,000?

Answers: 1

continue

Business, 22.06.2019 01:30, esquiveljadyn8054

Monica needs to assess the slide sequence and make quick changes to it. which view should she use in her presentation program? a. outline b. slide show c. slide sorter d. notes page e. handout

Answers: 1

continue

Business, 22.06.2019 12:10, felisha1234

Bonds often pay a coupon twice a year. for the valuation of bonds that make semiannual payments, the number of periods doubles, whereas the amount of cash flow decreases by half. using the values of cash flows and number of periods, the valuation model is adjusted accordingly. assume that a $1,000,000 par value, semiannual coupon us treasury note with three years to maturity has a coupon rate of 3%. the yield to maturity (ytm) of the bond is 7.70%. using this information and ignoring the other costs involved, calculate the value of the treasury note:

Answers: 1

continue

Business, 22.06.2019 14:30, crystalryan3797

What’s the present value of a perpetuity that pays $250 per year if the appropriate interest rate is 5%? $4,750 $5,000 $5,250 $5,513 $5,788what is the present value of the following cash flow stream at a rate of 8.0%, rounded to the nearest dollar? cash flows: today (t = 0) it is $750, after one year (t = 1) it is $2,450, at t = 2 it is $3,175, and at t=3 it is $4,400. draw a time line. $7,917 $8,333 $8,772 $9,233 $9,695

Answers: 2

continue

You know the right answer?

Given the following linear programming model, answer the questions that follow. You are given the re...