Kane Manufacturing has a division that produces two models of grates, model A and model B. To produce each model A grate requires 3 pounds of cast iron and 6 minutes of labor. To produce each model-B grate requires 4 pounds of cast iron and 3 minutes of labor. The profit for each model A grate is $2.25, and the profit for each model B grate is $1.75. Available for grate production each day are 1000 pounds of cast iron and 19 labor- hours. Because of an excess inventory of model A grates, management has decided to limit the production of model A grates to no more than 180 grates per day. (a) Find the range of values that Resource 2 (labor-hours) can assume. x sbs 19 (b) For the current optimal solution to hold, constraint 3 (production of model A grates) cannot be decreased by more than 104 x grates per day.

Kane Manufacturing has a division that produces two models of grates, model A and model B. To produce each model A grate requires 3 pounds of cast iron and 6 minutes of labor. To produce each model-B grate requires 4 pounds of cast iron and 3 minutes of labor. The profit for each model A grate is $2.25, and the profit for each model B grate is $1.75. Available for grate production each day are 1000 pounds of cast iron and 19 labor- hours. Because of an excess inventory of model A grates, management has decided to limit the production of model A grates to no more than 180 grates per day. (a) Find the range of values that Resource 2 (labor-hours) can assume. x sbs 19 (b) For the current optimal solution to hold, constraint 3 (production of model A grates) cannot be decreased by more than 104 x grates per day.

Practical Management Science

6th Edition

ISBN:9781337406659

Author:WINSTON, Wayne L.

Publisher:WINSTON, Wayne L.

Chapter2: Introduction To Spreadsheet Modeling

Section: Chapter Questions

Problem 33P: Assume the demand for a companys drug Wozac during the current year is 50,000, and assume demand...

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