| | University Ceramics manufactures plates, mugs, and steins, with their unit profit being |
| | $3.10, $4.75, and $4.00, respectively. The product input requirements and their supply |
| | are given in the table below. |
| University Ceramics |
| | Product Input Requirements |
| | Plates | Mugs | Steins | Supply |
| | P | M | S | Available |
| Molding (min) | 4 | 6 | 3 | 2400 |
| Finishing (min) | 8 | 14 | 12 | 7200 |
| Clay (oz) | 5 | 4 | 3 | 3000 |
| Unit Profit | $ 3.10 | $ 4.75 | $ 4.00 |
| | P | M | S |
| Solution value |
| Profit |
| Constraints |
| Molding (min) |
| Finishing (min) |
| Clay (oz) |
| | | | | LHS | Sign | RHS |
| 1. | Solve the LP model for University Ceramics and create the Sensitivity Report. |
| | Upload the results into ACE. Use the results to answer the following questions. (10 points) |
| | Each question should be answered independently. |
| 2. | How many of each product should University Ceramics make? What is the profit? (10 points) |
| 3. | For any product type that is not scheduled to be produced what profit would be needed to |
| | induce the product to be produced? (10 points) |
| 4. | Which constraints are binding and which have slack? For any with slack, indicate how much |
| | the slack is. (10 points) |
| 5. | Suppose the profit per plate decreases from $3.10 to $2.80. Will this change the optimal |
| | production quantities? Why? What can be said about the change in total profits? (10 points) |
| 6. | Suppose the profit per stein increases by $0.30 and the profit per plate decreases by $0.25. |
| | Will this change the optimal production quantities? Why? What can be said about the change |
| | in total profits? (10 points) |
| 7. | Suppose a worker in the molding department calls in sick. Now eight fewer hours are available |
| | that day in the molding department. How much would this affect total profits? Would it change |
| | the optimal production quantities? Explain. (10 points) |
| 8. | Suppose one of the workers in the molding department is also trained to do finishing. Would it |
| | be a good idea to have this worker shift some of her time from the molding department to the |
| | finishing department? Indicate the rate at which this would increase or decrease total profit per |
| | minute shifted. How many minutes can be shifted before this rate might change? (10 points) |
| 9. | Suppose University Ceramics decides to polish each product prior to shipping. The process |
| | would require 12, 10, and 15 minutes, respectively, for plates, mugs, and steins. Would this |
| | change the current production plan if 145 hours of polishing time were available? Explain. |
| | (10 points) |
| 10. | Suppose University Ceramics is considering the production of a fourth product, bowls (B). |
| | Bowls requires 6 minutes of molding time, 12 minutes of sewing time, and 6 ounces of clay. |
| | At what profit per bowl would this product be economically attractive to manufacture? |
| | Explain. How many bowls can be made at this profit? (10 points) |