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Use This Information,along with Its Associated Sensitivity Report,to Answer the Following

question 19

Multiple Choice

Use this information,along with its associated Sensitivity Report,to answer the following questions.
A production manager wants to determine how many units of each product to produce weekly to maximize weekly profits.Production requirements for the products are shown in the following table.
$\begin{array} { | c | c | c | c | } \hline \underline { \text { Product } } & \frac { \text { Material 1 } } { ( \mathrm { lbs } ) } & \frac { \text { Material 2 } } { ( \mathrm { lbs } . ) } & \text { Labor (hours) } \\\hline \underline { \underline { \mathrm { A } } } & \underline { 3 } & \underline { 2 } & \underline { 4 } \\\hline \underline { \mathrm { B } } & \underline { 1 } & \underline { 4 } & \underline { 2 } \\\hline \underline { \mathrm { C } } & \underline { 5 } & \underline { \text { none } } & \underline { 3.5 } \\\hline\end{array}$
Material 1 costs $7 a pound,material 2 costs $5 a pound,and labor costs $15 per hour.Product A sells for $101 a unit,product B sells for $67 a unit,and product C sells for $97.50 a unit.Each week there are 300 pounds of material 1;400 pounds of material 2;and 200 hours of labor.The output of product A should not be more than one-half of the total number of units produced.Moreover,there is a standing order of 10 units of product C each week.
$\begin{array}{l}\text { Formulation }\\\begin{array} { l l } \ { \text { Max } } & 10 \mathrm {~A} + 10 \mathrm {~B} + 10 \mathrm { C } \\\text { Subject to: } & \\& 3 \mathrm {~A} + \mathrm { B } + 5 \mathrm { C } \leq 300 \text { (constraint \#1) } \\& 2 \mathrm {~A} + 4 \mathrm {~B} \leq 400 \text { (constraint \#2) } \\& 4 \mathrm {~A} + 2 \mathrm {~B} + 3.5 \mathrm { C } \leq 200 \text { (constraint \#3) } \\& \mathrm { C } \geq 10 \text { (constraint \#4) } \\& \mathrm { A } , \mathrm { B } , \mathrm { C } \geq 0\end{array}\end{array}$
$Use this information,along with its associated Sensitivity Report,to answer the following questions. A production manager wants to determine how many units of each product to produce weekly to maximize weekly profits.Production requirements for the products are shown in the following table. \begin{array} { | c | c | c | c | } \hline \underline { \text { Product } } & \frac { \text { Material 1 } } { ( \mathrm { lbs } ) } & \frac { \text { Material 2 } } { ( \mathrm { lbs } . ) } & \text { Labor (hours) } \\ \hline \underline { \underline { \mathrm { A } } } & \underline { 3 } & \underline { 2 } & \underline { 4 } \\ \hline \underline { \mathrm { B } } & \underline { 1 } & \underline { 4 } & \underline { 2 } \\ \hline \underline { \mathrm { C } } & \underline { 5 } & \underline { \text { none } } & \underline { 3.5 } \\ \hline \end{array} Material 1 costs $7 a pound,material 2 costs $5 a pound,and labor costs $15 per hour.Product A sells for $101 a unit,product B sells for $67 a unit,and product C sells for $97.50 a unit.Each week there are 300 pounds of material 1;400 pounds of material 2;and 200 hours of labor.The output of product A should not be more than one-half of the total number of units produced.Moreover,there is a standing order of 10 units of product C each week. \begin{array}{l} \text { Formulation }\\ \begin{array} { l l } \ { \text { Max } } & 10 \mathrm {~A} + 10 \mathrm {~B} + 10 \mathrm { C } \\ \text { Subject to: } & \\ & 3 \mathrm {~A} + \mathrm { B } + 5 \mathrm { C } \leq 300 \text { (constraint \#1) } \\ & 2 \mathrm {~A} + 4 \mathrm {~B} \leq 400 \text { (constraint \#2) } \\ & 4 \mathrm {~A} + 2 \mathrm {~B} + 3.5 \mathrm { C } \leq 200 \text { (constraint \#3) } \\ & \mathrm { C } \geq 10 \text { (constraint \#4) } \\ & \mathrm { A } , \mathrm { B } , \mathrm { C } \geq 0 \end{array} \end{array} -What is the optimal objective function value? A) 925 B) 825 C) 100 D) 92.5 E) none of the above$
-What is the optimal objective function value?

Definitions:

Product Life Cycle

The stages a product goes through from its introduction to the market until its decline and eventual withdrawal.