The linear programming problem whose output follows is used to determine how many bottles of red nail polish (x1), blue nail polish (x2), green nail polish (x3), and pink nail polish (x4) a beauty salon should stock. The objective function measures profit; it is assumed that every piece stocked will be sold. Constraint 1 measures display space in units, constraint 2 measures time to set up the display in minutes. Note that green nail polish does not require any time to prepare its display. Constraints 3 and 4 are marketing restrictions. Constraint 3 indicates that the maximum demand for red and green polish is 25 bottles, while constraint 4 specifies that the minimum demand for blue, green, and pink nail polish bottles combined is at least 50 bottles.
MAX
Subject to 1 .
2.
3.
4.
Optimal Solution:
Objective Function Value = 7475.000
Objective Coefficient Ranges
Right Hand Side Ranges
-a) To what value can the per bottle profit on red nail polish drop before the solution (product mix) would change?
b) By how much can the per bottle profit on green nail polish increase before the solution (product mix) would change?
Correct Answer:
Verified
Q37: Consider the following linear program, which
Q38: Taco Loco is considering a new
Q39: Tracksaws, Inc. makes tractors and lawn
Q40: Consider the following linear program, which
Q41: Mallory Furniture buys two products for resale:
Q43: Max Z = 5x1 + 3x2
Subject to:
Q44: The production manager for the Whoppy
Q45: The production manager for the Whoppy
Q46: For a maximization problem, assume that a
Q47: The linear programming problem whose output
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents