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Unformatted text preview: use the program as well which is beneficial to both the company offering the program (more revenue) and to your company (less cost). However, in this case, we see that there are two employees whereby you would need to send them to this program regardless of the price. If not, the solution is infeasible. There are two more employees that have a cut-off price of over $1500 as well. Therefore, we see that in most cases, regardless of how high the price is (as long as it is less than $1575), the company offering this program would gain more revenue if they kept the price high than if they decreased the price to $220. This is because the company already knows that you need four of your employees to use Program 5 regardless and thus, the revenue gained from having an extra employee use the program is not worth the decrease in revenue from lowering the price....
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- Spring '07
- Operations Research