Operations Research : Applications and Algorithms
Operations Research : Applications and Algorithms
4th Edition
ISBN: 9780534380588
Author: Wayne L. Winston
Publisher: Brooks Cole
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Chapter 5, Problem 3RP

a.

Explanation of Solution

Profit

  • Let RM be the pounds of raw material processed, P1 be the pounds of raw material used to produce product 1 and P2 be the pounds of raw material used to produce product 2.
  • The new optimum solution value or profit is calculated by the given formula:

    New value = Old value – (Key column value × Key row value

b.

Explanation of Solution

Profit

  • Let RM be the pounds of raw material processed, P1 be the pounds of raw material used to produce product 1 and P2 be the pounds of raw material used to produce product 2.
  • The new optimum solution value or profit is calculated by the given formula:

    New value = Old value – (Key column value × Key row value)

c.

Explanation of Solution

Pay for another pound of raw material

  • Let RM be the pounds of raw material processed, P1 be the pounds of raw material used to produce product 1 and P2 be the pounds of raw material used to produce product 2

d.

Explanation of Solution

Pay for another pound of labour

  • Let RM be the pounds of raw material processed, P1 be the pounds of raw material used to produce product 1 and

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