QUESTION 1 1.The optimal output plan: "Results in an optimal revenue of $55,200"
QUESTION 1
1.The optimal output plan:
"Results in an optimal revenue of $55,200" |
"Requires the production of 25,000 pounds of restaurant blend" |
"Requires the production of 10,000 pounds of hotel blend " |
"Requires the purchase of 8,500 pounds of Liberica" |
Results in slack availability for Liberica |
1 points
QUESTION 2
1.The sensitivity analysis indicates that:
No amount of additional Liberica purchased would improve the profitability |
No amount of additional Restaurant blend produced would improve the profitability |
Any amounts of additional Market blend would improve the profitability |
Any amount of additional Hotel blend would improve the profitability |
Any amount of additional capacity in processing plant would improve the profitability |
1 points
QUESTION 3
1.The economic value of an additional pound of Hotel blend produced is
-0.085 |
0 |
0.085 |
0.5525 |
1.25 |
1 points
QUESTION 4
1.How does the optimal profit vary with the unit cost of Robusta beans?
$0.00 increase in the optimal profit per each $0.05 increase in the cost per pound |
$0.05 increase in the optimal profit per each $0.05 decrease in the cost per pound |
$0.65 increase in the optimal profit per each $0.05 decrease in the cost per pound |
$818.75 increase in the optimal profit per each $0.05 decrease in the cost per pound |
$818.75 increase in the optimal profit per each $0.05 increase in the cost per pound |
1 points
QUESTION 5
1.Which one of the following statements about the optimal solution is correct:
11 years ago
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- solution.docx