Question

Q1:

Decision Variables:

               B= # of Basic models to be produced, profit=$45/unit

P= # of Premium models to be produced, profit=$120/unit

Objective: MaxTotal Profit= Max $45 B + $120 P                  

Constraints:                       

Software Engineer (SE):     20 B + 5 P                             <= 2400 minutes               

QC Manager:                       15 B + 30 P                         <= 2400 minutes               

Demand for B:                    B                                           <= 100   units                    

Demand for P:                    P                                           <= 50     units

QUESTION 5

1. Refer to the data given in Q1.

   Shadow Price for “Demand for B”:

   a)$3/unit                           b)$2/min              c)$2/unit              d)none of these

   	a.	$3/unit
   	b.	$2/min
   	c.	$2/unit
   	d.	none of these

10 points   

QUESTION 6

1. Refer to the data given in Q1.

   Shadow Price for “SE” is:

   a)$3/unit             b)$2/min              c)$2/unit              d)none of these

   	a.	$3/unit
   	b.	$2/min
   	c.	$2/unit
   	d.	none of these

10 points   

QUESTION 7

1. Refer to the data given in Q1.

   Shadow Price for “Demand for P” is $30/unit.     

   True       False

Answer 1

Answer; question 1;
Sdut en Constraint: 20Bts? 2400 min he

los B 1,20 oo lo S 30 (1.28, 22 F' (A B C D O Co 0

2 oj o) And aえ 0
7)

		Final	Shadow	Constraint	Allowable	Allowable
Cell	Name	Value	Price	R.H. Side	Increase	Decrease
$D$4	SE LHS	1450	0	2400	1E+30	950
$D$5	QC LHS	2400	3	2400	600	900
$D$6	B LHS	60	0	100	1E+30	40
$D$7	P LHS	50	30	50	30	20

Yes , shadow price for "Demand for P" is $30 per unit as per the above table. (from last row)