Business, 12.04.2021 22:30 maddie306

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

Show answers

Another question on Business

Business, 22.06.2019 11:10

The green fiddle has declared a $5 per share dividend. suppose capital gains are not taxed, but dividends are taxed at 15 percent. new irs regulations require that taxes be withheld at the time the dividend is paid. green fiddle stock sells for $71.50 per share, and the stock is about to go ex-dividend. what will the ex-dividend price be?

Answers: 2

Answer

Business, 22.06.2019 12:50

Performance bicycle company makes steel and titanium handle bars for bicycles. it requires approximately 1 hour of labor to make one handle bar of either type. during the most recent accounting period, barr company made 7,700 steel bars and 2,300 titanium bars. setup costs amounted to $35,000. one batch of each type of bar was run each month. if a single company-wide overhead rate based on direct labor hours is used to allocate overhead costs to the two products, the amount of setup cost assigned to the steel bars will be:

Answers: 2

Answer

Business, 22.06.2019 16:50

Arestaurant that creates a new type of sandwich is using (blank) as a method of competition.

Answers: 1

Answer

Business, 22.06.2019 19:00

Consider the following information on stocks a, b, c and their returns (in decimals) in each state: state prob. of state a b c boom 20% 0.27 0.22 0.16 good 45% 0.16 0.09 0.07 poor 25% 0.03 0 0.03 bust 10% -0.08 -0.04 -0.02 if your portfolio is invested 25% in a, 40% in b, and 35% in c, what is the standard deviation of the portfolio in percent? answer to two decimals, carry intermediate calcs. to at least four decimals.

Answers: 2

Answer

You know the right answer?

Suffolk Manufacturing produces three types of paneling from Pine and Spruce. The types of paneling a...

Questions