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ADM2302 (43)
Lecture

ProblemSensitivityAnalysis

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Department
Administration
Course
ADM2302
Professor
Don't Know
Semester
Winter

Description
Sensitivity Analysis Practice ProblemsProblem 1 The Judson Cooperation Problem Given on previous Midterm examThe Judson Corporation has acquired 100 lots on which it is about to build a home on each lot Two styles of homes are to be built the Cape Cod X1 and the Ranch HomeX2 Judson wishes to build these homes over the next nine months During this time Judson will have available 13000 manhours of bricklayer labour and 12000 hours of carpenter labour Each Cape Cod house requires 200 manhours of carpentry labour and 50 manhours of bricklayer labour Each Ranch Home requires 120 hours of bricklayer labour and 100 manhours of carpentry The profit contribution of Cape Cod is projected to be 5100 while that of a Ranch Home is projected at 5000 The problem when formulated as an LP and solved is as followsMaxZ5100 X15000 X2Subject to X1
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