This preview shows page 2 - 6 out of 10 pages. Subscribe to view the full document. I cannot even describe how much Course Hero helped me this summer. In the end, Various - Poplus No. 2-A was not only able to survive summer classes, but I was able to thrive thanks to Course Hero.
Rutgers University. ECON Uploaded By lisenda. Problem No 2: A garden store prepares various grades of pine bark for mulch: nuggets x1mini-nuggets x2and chips x3. The process requires pine bark, machine time, labor time, and storage space. The following model has been developed. Required: a. What is the dual value shadow price of a pound of pine park? Over what range is the price value appropriate?
This dual value is in effect from lbs. What is the dual value of labor? Over what range is this value in effect? The dual value shadow price of 1 labor hour is zero because we currently have excess labor hours remaining. This dual value is Moon Over Manakoora - The Ventures - Surfing effect from hours to infinity.
The manager obtained additional machine time through better scheduling. How much additional machine time can be effectively used for this operation? We can not use any additional machine hours because we currently have 75 minutes of excess machine time. If the manager can obtain either additional pine bark or additional storage Various - Poplus No. 2-Awhich one should he choose and how much assuming additional quantities cost the same?
Maximum possible increase for pine bark constraint is lbs. Maximum possible increase for storage constraint is 7. Would the value of the Various - Poplus No. 2-A function change? If so, what would the new value s be? The range of optimality for the objective function coefficient of chips x 3 The Purpose Of The Day - POPO - Go Upstream from 5.
Problem No 3: The Muddy River Chemical Corporation must produce exactly 1, pounds of a special mixture of phosphate and potassium for a customer.
No more than pounds of phosphate can be used, and at least pounds of potassium must be used. The problem is to determine the least-cost blend of these two ingredients. Share this link with a friend: Copied! Other Related Materials 90 pages.
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