Solutions Operations management

Refer to the computer solution of the Kelson Sporting Equipment problem in Figure 3.13 (see Problem

Question: Refer to the computer solution of the Kelson Sporting Equipment problem in Figure \[\text{3}.\text{13}\] (see Problem 5)

Figure 3.13 The Solution for the Kelson Sporting Equipment Problem

Optimal Objective Value = 3700.00000

Variable			Value			Reduced Cost
R			500.00000			0.00000
C			150.00000			0.00000


Constraint			Slack/Surplus			Dual Value
1			175.00000			0.00000
2			0.00000			3.00000
3			0.00000			28.00000


		Objective
Variable		Coefficient		Allowable Increase			Allowable Decrease
R		5.00000		7.00000			1.00000
C		8.00000		2.00000			4.66667

		RHS
Constrait		Value		Allowable Increase			Allowable Decrease
1		900.00000		Infinite			175.00000
2		300.00000		100.0000			166.66667
3		100.00000		35.00000			25.00000

a. Determine the objective coefficient ranges.

b. Interpret the ranges in part (a)

c. Interpret the right-hand-side ranges.

d. How much will the value of the optimal solution improve if 20 extra hours of packaging and shipping time are made available?

Price: $2.99

Solution: The answer consists of 3 pages
Deliverables: Word Document

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