This preview shows pages 1–3. Sign up to view the full content.
This preview has intentionally blurred sections. Sign up to view the full version.View Full Document
Unformatted text preview: competitive selling price of $82 for the standard bag and $100 for the deluxe bag. The marketing manager is confident that the selling price for the Standard bag will be $82 and $100 for the deluxe bag. Questions: 1. How many bags of each type should we produce? 2. What will be the value of our profit if we produce the quantities determined in Q#1? 3. Are there any departments that are not being fully utilized? 4. How many hours of production time will be scheduled for each operation ? 5. What is the slack time in each operation. 6. Which constraints are binding? Non-binding? 7. Suppose the deluxe bag can sell for $109 instead of $100. How will this affect the and corresponding profit ? How will this affect the optimal solution ? Questions: 1. How many hours should I put in at each stage? 2. How many total hours (C, F, S, I) are needed? 3. How many standard and deluxe bags should we produce? 4. How do we make the most money?...
View Full Document
This note was uploaded on 01/19/2011 for the course COMMERCE 290 taught by Professor Brianogram during the Winter '09 term at The University of British Columbia.
- Winter '09