1. Kelson Sporting Equipment, Inc., mokes two different types of baseball gloves: a regular model and a catcher's model. The firm has 900 hours of production fime available in its cutting and sewing department, 300 hours available in its finishing department, and 100 hours available in its pockaging and shipping department. The production fime requirements and the profit contribufion per glove are given in the following table:

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Chapter1: Making Economics Decisions
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e. Compute the range of optimality for the objective function coefficients. (
Transcribed Image Text:e. Compute the range of optimality for the objective function coefficients. (
1. Kelson Sporting Equipment, Inc., makes two different types of baseball gloves: a regular
model and a catcher's model. The firm has 900 hours of production time available in its
cutting and sewing department, 300 hours available in its finishing department, and 100
hours available in its packoging and shipping department. The production time
requirements and the profit contribution per glove are given in the following table:
Production Time (hours)
Cutting
and Sening Finishing and Shipping ProitGlove
Packaging
Model
Regular model
Cacher's model
S5
Assuming that the company is interested in maximizing the total profit contribution, answer
the following:
Transcribed Image Text:1. Kelson Sporting Equipment, Inc., makes two different types of baseball gloves: a regular model and a catcher's model. The firm has 900 hours of production time available in its cutting and sewing department, 300 hours available in its finishing department, and 100 hours available in its packoging and shipping department. The production time requirements and the profit contribution per glove are given in the following table: Production Time (hours) Cutting and Sening Finishing and Shipping ProitGlove Packaging Model Regular model Cacher's model S5 Assuming that the company is interested in maximizing the total profit contribution, answer the following:
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