Business, 05.06.2021 06:00 vorhees2406
Maxwell Manufacturing makes two models of felt tip marking pens. Requirements for each lot of pens are given below.
Fliptop Model Tiptop Model Available
Plastic 3 4 36
Ink Assembly 5 4 40
Molding Time 5 2 30
The unit profit for Fliptop Model model is $1000 per lot and $900 for Tiptop.
a. What is the linear programming model for this problem?
b. What is the optimal solution, and what is the value of the profit contribution?
c. Are there any unused resources?
d. Which constraints are binding?
e What are the dual values for each resource? Interpret.
f. Compute and interpret the ranges of optimality.
g. Compute and interpret the ranges of feasibility.
Answers: 1
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Maxwell Manufacturing makes two models of felt tip marking pens. Requirements for each lot of pens a...
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