Suffolk Manufacturing produces three types of paneling from Pine and Spruce. The types of paneling are Western (X1), Old English (X2), and Colonial (X3). Each sheet must be cut and pressed. The resource requirements are given in the following linear programming formulation.
a. What is the marginal value of an additional pound of spruce? Over what range is this value valid?
b. What is the marginal value of an additional hour of cutting? Over what range is this value valid?
Maximize Z = 4X1 + 10X2 + 8X3 (profit, $)
ST 5X1 + 4X2 + 4X3\leq 200 (pine, lb)
2X1 + 5X2 + 2X3\leq 160 (spruce, lb)
1X1 + 1X2 + 2X3\leq 50 (cutting, hr)
2X1 + 4X2 + 2X3\leq 80 (pressing, hr)
X1 + X2 + X3\geq 0
Answers: 2
Other questions on the subject: Business
Business, 21.06.2019 16:30, boi7348
You are opening a new store and must project in your business plan the amount of inventory shrinkage. you have forecasted $1,200,000 in sales for the first year. assuming your shrinkage will be 5%, the high end of the national average, calculate the projected annual shrinkage for your business plan. you are opening a new store and must project in your business plan the amount of inventory shrinkage. you have forecasted $1,200,000 in sales for the first year. assuming your shrinkage will be 5%, the high end of the national average, calculate the projected annual shrinkage for your business plan.
Answers: 3
Business, 21.06.2019 20:20, chantelljenkins2
If the demand for a pair of shoes is given by 2p + 5q = 200 and the supply function for it is p − 2q = 10, compare the quantity demanded and the quantity supplied when the price is $90. quantity demanded pairs of shoes quantity supplied pairs of shoes will there be a surplus or shortfall at this price? there will be a surplus. there will be a shortfall.
Answers: 3
Business, 22.06.2019 04:10, chloeholt123
What is the difference between secure bonds and naked bonds?
Answers: 1
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
You know the right answer?
Suffolk Manufacturing produces three types of paneling from Pine and Spruce. The types of paneling a...
Questions in other subjects:
Chemistry, 18.10.2020 08:01
Biology, 18.10.2020 08:01
English, 18.10.2020 08:01
Spanish, 18.10.2020 08:01
