Overtime cost Let RM be the number of units of raw materials purchased each week, A1 be the dollars spent each week on advertising product 1 and A2 be the dollars spent each week on advertising product 2

Question

Vandelay Industries has 275 sales reps in order to sell its latex products, each to be assigned to one of four marketing teams. If the first team is to have four times as many members as the second team and the third team is to have five times as many members as the fourth team, how can the members be distributed among the teams?

Answer 1

Expert Solution & Answer

Chapter 5, Problem 8RP

a.

Explanation of Solution

Overtime cost

Let RM be the number of units of raw materials purchased each week, A1 be the dollars spent each week on advertising product 1 and A2 be the dollars spent each week on advertising product 2

b.

Explanation of Solution

Optimum solution

Let RM be the number of units of raw materials purchased each week, A1 be the dollars spent each week on advertising product 1 and A2 be the dollars spent each week on advertising 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 unit of raw material

Let RM be the number of units of raw materials purchased each week, A1 be the dollars spent each week on advertising product 1 and A2 be the dollars spent each week on advertising product 2.

From the LINDO output, the shadow price for row 5 is $4

d.

Explanation of Solution

Pay for another hour of machine time

Let RM be the number of units of raw materials purchased each week, A1 be the dollars spent each week on ad

e.

Explanation of Solution

Profit

Let RM be the number of units of raw materials purchased each week, A1 be the dollars spent each week on advertising product 1 and A2 be the dollars spent each week on advertising 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

f.

Explanation of Solution

Shadow price

Let RM be the number of units of raw materials purchased each week, A1 be the dollars spent each week on advertising product 1 and A2

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Vandelay Industries has 275 sales reps in order to sell its latex products, each to be assigned to one of four marketing teams. If the first team is to have four times as many members as the second team and the third team is to have five times as many members as the fourth team, how can the members be distributed among the teams?

Answer 2

Expert Solution & Answer

Chapter 5, Problem 8RP

a.

Explanation of Solution

Overtime cost

Let RM be the number of units of raw materials purchased each week, A1 be the dollars spent each week on advertising product 1 and A2 be the dollars spent each week on advertising product 2

b.

Explanation of Solution

Optimum solution

Let RM be the number of units of raw materials purchased each week, A1 be the dollars spent each week on advertising product 1 and A2 be the dollars spent each week on advertising 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 unit of raw material

Let RM be the number of units of raw materials purchased each week, A1 be the dollars spent each week on advertising product 1 and A2 be the dollars spent each week on advertising product 2.

From the LINDO output, the shadow price for row 5 is $4

d.

Explanation of Solution

Pay for another hour of machine time

Let RM be the number of units of raw materials purchased each week, A1 be the dollars spent each week on ad

e.

Explanation of Solution

Profit

Let RM be the number of units of raw materials purchased each week, A1 be the dollars spent each week on advertising product 1 and A2 be the dollars spent each week on advertising 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

f.

Explanation of Solution

Shadow price

Let RM be the number of units of raw materials purchased each week, A1 be the dollars spent each week on advertising product 1 and A2

Expert Solution & Answer

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Check out sample textbook solution

Answer 3

Expert Solution & Answer

Chapter 5, Problem 8RP

a.

Explanation of Solution

Overtime cost

Let RM be the number of units of raw materials purchased each week, A1 be the dollars spent each week on advertising product 1 and A2 be the dollars spent each week on advertising product 2

b.

Explanation of Solution

Optimum solution

Let RM be the number of units of raw materials purchased each week, A1 be the dollars spent each week on advertising product 1 and A2 be the dollars spent each week on advertising 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 unit of raw material

Let RM be the number of units of raw materials purchased each week, A1 be the dollars spent each week on advertising product 1 and A2 be the dollars spent each week on advertising product 2.

From the LINDO output, the shadow price for row 5 is $4

d.

Explanation of Solution

Pay for another hour of machine time

Let RM be the number of units of raw materials purchased each week, A1 be the dollars spent each week on ad

e.

Explanation of Solution

Profit

Let RM be the number of units of raw materials purchased each week, A1 be the dollars spent each week on advertising product 1 and A2 be the dollars spent each week on advertising 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

f.

Explanation of Solution

Shadow price

Let RM be the number of units of raw materials purchased each week, A1 be the dollars spent each week on advertising product 1 and A2

Expert Solution & Answer

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Answer 4

Expert Solution & Answer

Chapter 5, Problem 8RP

a.

Explanation of Solution

Overtime cost

Let RM be the number of units of raw materials purchased each week, A1 be the dollars spent each week on advertising product 1 and A2 be the dollars spent each week on advertising product 2

b.

Explanation of Solution

Optimum solution

Let RM be the number of units of raw materials purchased each week, A1 be the dollars spent each week on advertising product 1 and A2 be the dollars spent each week on advertising 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 unit of raw material

Let RM be the number of units of raw materials purchased each week, A1 be the dollars spent each week on advertising product 1 and A2 be the dollars spent each week on advertising product 2.

From the LINDO output, the shadow price for row 5 is $4

d.

Explanation of Solution

Pay for another hour of machine time

Let RM be the number of units of raw materials purchased each week, A1 be the dollars spent each week on ad

e.

Explanation of Solution

Profit

Let RM be the number of units of raw materials purchased each week, A1 be the dollars spent each week on advertising product 1 and A2 be the dollars spent each week on advertising 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

f.

Explanation of Solution

Shadow price

Let RM be the number of units of raw materials purchased each week, A1 be the dollars spent each week on advertising product 1 and A2

Expert Solution & Answer

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See solution

Check out sample textbook solution

Answer 5

Expert Solution & Answer

Answer 6

Expert Solution & Answer

Answer 7

Chapter 5, Problem 8RP

a.

Explanation of Solution

Overtime cost

Let RM be the number of units of raw materials purchased each week, A1 be the dollars spent each week on advertising product 1 and A2 be the dollars spent each week on advertising product 2

b.

Explanation of Solution

Optimum solution

Let RM be the number of units of raw materials purchased each week, A1 be the dollars spent each week on advertising product 1 and A2 be the dollars spent each week on advertising 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 unit of raw material

Let RM be the number of units of raw materials purchased each week, A1 be the dollars spent each week on advertising product 1 and A2 be the dollars spent each week on advertising product 2.

From the LINDO output, the shadow price for row 5 is $4

d.

Explanation of Solution

Pay for another hour of machine time

Let RM be the number of units of raw materials purchased each week, A1 be the dollars spent each week on ad

e.

Explanation of Solution

Profit

Let RM be the number of units of raw materials purchased each week, A1 be the dollars spent each week on advertising product 1 and A2 be the dollars spent each week on advertising 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

f.

Explanation of Solution

Shadow price

Let RM be the number of units of raw materials purchased each week, A1 be the dollars spent each week on advertising product 1 and A2

Answer 8

Chapter 5, Problem 8RP

a.

Explanation of Solution

Overtime cost

Let RM be the number of units of raw materials purchased each week, A1 be the dollars spent each week on advertising product 1 and A2 be the dollars spent each week on advertising product 2

Answer 9

Chapter 5, Problem 8RP

a.

Explanation of Solution

Overtime cost

Let RM be the number of units of raw materials purchased each week, A1 be the dollars spent each week on advertising product 1 and A2 be the dollars spent each week on advertising product 2

Answer 10

b.

Explanation of Solution

Optimum solution

Let RM be the number of units of raw materials purchased each week, A1 be the dollars spent each week on advertising product 1 and A2 be the dollars spent each week on advertising 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<

Answer 11

b.

Explanation of Solution

Optimum solution

Let RM be the number of units of raw materials purchased each week, A1 be the dollars spent each week on advertising product 1 and A2 be the dollars spent each week on advertising 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<

Answer 12

c.

Explanation of Solution

Pay for another unit of raw material

Let RM be the number of units of raw materials purchased each week, A1 be the dollars spent each week on advertising product 1 and A2 be the dollars spent each week on advertising product 2.

From the LINDO output, the shadow price for row 5 is $4

Answer 13

c.

Explanation of Solution

Pay for another unit of raw material

Let RM be the number of units of raw materials purchased each week, A1 be the dollars spent each week on advertising product 1 and A2 be the dollars spent each week on advertising product 2.

From the LINDO output, the shadow price for row 5 is $4

Answer 14

d.

Explanation of Solution

Pay for another hour of machine time

Let RM be the number of units of raw materials purchased each week, A1 be the dollars spent each week on ad

Answer 15

d.

Explanation of Solution

Pay for another hour of machine time

Let RM be the number of units of raw materials purchased each week, A1 be the dollars spent each week on ad

Answer 16

e.

Explanation of Solution

Profit

Let RM be the number of units of raw materials purchased each week, A1 be the dollars spent each week on advertising product 1 and A2 be the dollars spent each week on advertising 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

Answer 17

e.

Explanation of Solution

Profit

Let RM be the number of units of raw materials purchased each week, A1 be the dollars spent each week on advertising product 1 and A2 be the dollars spent each week on advertising 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

Answer 18

f.

Explanation of Solution

Shadow price

Let RM be the number of units of raw materials purchased each week, A1 be the dollars spent each week on advertising product 1 and A2

Answer 19

f.

Explanation of Solution

Shadow price

Let RM be the number of units of raw materials purchased each week, A1 be the dollars spent each week on advertising product 1 and A2

Answer 20

Expert Solution & Answer

Answer 21

Expert Solution & Answer

Answer 22

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Answer 23

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Answer 24

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Answer 25

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Answer 26

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Answer 27

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Answer 28

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Answer 29

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Answer 30

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Answer 31

Ch. 5.1 - Prob. 1P Ch. 5.1 - Prob. 2P Ch. 5.1 - Prob. 3P Ch. 5.1 - Prob. 4P Ch. 5.1 - Prob. 5P Ch. 5.2 - Prob. 1P Ch. 5.2 - Prob. 2P Ch. 5.2 - Prob. 3P Ch. 5.2 - Prob. 4P Ch. 5.2 - Prob. 5P

Overtime cost Let RM be the number of units of raw materials purchased each week, A1 be the dollars spent each week on advertising product 1 and A2 be the dollars spent each week on advertising product 2

Solution Summary: The author explains that the value of overtime variable is a non basic variable. It has value zero and in row 0 it has positive value.

Explanation of Solution

Overtime cost

Let RM be the number of units of raw materials purchased each week, A1 be the dollars spent each week on advertising product 1 and A2 be the dollars spent each week on advertising product 2

Explanation of Solution

Explanation of Solution

Pay for another unit of raw material

Let RM be the number of units of raw materials purchased each week, A1 be the dollars spent each week on advertising product 1 and A2 be the dollars spent each week on advertising product 2.

From the LINDO output, the shadow price for row 5 is $4

Explanation of Solution

Pay for another hour of machine time

Let RM be the number of units of raw materials purchased each week, A1 be the dollars spent each week on ad

Explanation of Solution

Explanation of Solution

Shadow price

Let RM be the number of units of raw materials purchased each week, A1 be the dollars spent each week on advertising product 1 and A2

Chapter 5 Solutions

Overtime cost Let RM be the number of units of raw materials purchased each week, A1 be the dollars spent each week on advertising product 1 and A2 be the dollars spent each week on advertising product 2

Solution Summary: The author explains that the value of overtime variable is a non basic variable. It has value zero and in row 0 it has positive value.

Explanation of Solution

Overtime cost Let RM be the number of units of raw materials purchased each week, A1 be the dollars spent each week on advertising product 1 and A2 be the dollars spent each week on advertising product 2

Explanation of Solution

Explanation of Solution

Pay for another unit of raw material Let RM be the number of units of raw materials purchased each week, A1 be the dollars spent each week on advertising product 1 and A2 be the dollars spent each week on advertising product 2. From the LINDO output, the shadow price for row 5 is $4

Explanation of Solution

Pay for another hour of machine time Let RM be the number of units of raw materials purchased each week, A1 be the dollars spent each week on ad

Explanation of Solution

Explanation of Solution

Shadow price Let RM be the number of units of raw materials purchased each week, A1 be the dollars spent each week on advertising product 1 and A2

Chapter 5 Solutions

Overtime cost

Let RM be the number of units of raw materials purchased each week, A1 be the dollars spent each week on advertising product 1 and A2 be the dollars spent each week on advertising product 2

Pay for another unit of raw material

Let RM be the number of units of raw materials purchased each week, A1 be the dollars spent each week on advertising product 1 and A2 be the dollars spent each week on advertising product 2.

From the LINDO output, the shadow price for row 5 is $4

Pay for another hour of machine time

Let RM be the number of units of raw materials purchased each week, A1 be the dollars spent each week on ad

Shadow price

Let RM be the number of units of raw materials purchased each week, A1 be the dollars spent each week on advertising product 1 and A2