[SOLUTION] Sensitivity Analysis

A company manufactures four variants of the same product (Product X), and in the final part of the manufacturing process there are Assembly, Polishing and Packing operations. For each variant the time required for these operations is shown below (in minutes per unit) as is the profit per unit sold.Variant Assembly Polishing Packing Profit (£)X1 2 3 2 1.50X2 4 2 3 2.50X3 3 3 2 3.00X4 7 4 5 4.50Given the current state of the labour force, the company estimate that, each year, they have 100,000 minutes of Assembly time, 50,800 minutes of Polishing time and 60,000 minutes of Packing time available.A solution to the linear programme is given below, where S1, S2 and S3 are slack variables for the labour time for the Assembly, Polishing and Packing operations, respectively.Final TableauX1X2X3X4S1S2S3SolutionS1-1.0000.21-0.2-1.217,840X31.0010.400.6-0.46,480X20.0101.40-0.40.615,680Z1.5000.200.80.358,640Required1. Provide an explanation of the meanings of each of the terms in the final Tableau above.(6 marks)2. What if 200 units of the product X1 and 500 units of the product X4 should be produced to satisfy an influential customer? What will be the new production plan and the total contribution generated per year? Also, state the impact of this on the resources remaining.(6 marks)

Struggling to find relevant content or pressed for time? – Don’t worry, we have a team of professionals to help you on
[SOLUTION] Sensitivity Analysis
Get a 15% Discount on this Paper
Order Now
Calculate the price
Make an order in advance and get the best price
Pages (550 words)
*Price with a welcome 15% discount applied.
Pro tip: If you want to save more money and pay the lowest price, you need to set a more extended deadline.
We know how difficult it is to be a student these days. That's why our prices are one of the most affordable on the market, and there are no hidden fees.

Instead, we offer bonuses, discounts, and free services to make your experience outstanding.
Sign up, place your order, and leave the rest to our professional paper writers in less than 2 minutes.
step 1
Upload assignment instructions
Fill out the order form and provide paper details. You can even attach screenshots or add additional instructions later. If something is not clear or missing, the writer will contact you for clarification.
Get personalized services with MyCoursebay
One writer for all your papers
You can select one writer for all your papers. This option enhances the consistency in the quality of your assignments. Select your preferred writer from the list of writers who have handledf your previous assignments
Same paper from different writers
Are you ordering the same assignment for a friend? You can get the same paper from different writers. The goal is to produce 100% unique and original papers
Copy of sources used
Our homework writers will provide you with copies of sources used on your request. Just add the option when plaing your order
What our partners say about us
We appreciate every review and are always looking for ways to grow. See what other students think about our do my paper service.
Social Work and Human Services
Thank you for the great job
Customer 452469, February 3rd, 2021
Customer 452813, June 26th, 2022
Fantastic work on this project as usual.
Customer 452707, July 5th, 2022
Great work! Thank so much!
Customer 452707, March 1st, 2022
Awesome work!!!!!!
Customer 452453, March 24th, 2021
Customer 452813, September 20th, 2022
Social Work and Human Services
Great Work!
Customer 452587, August 31st, 2021
Excelled job on the paper!
Customer 452885, December 28th, 2022
Social Work and Human Services
Great Work!
Customer 452587, March 16th, 2022
Database design and optimization
thanks for busting this out so expeditiously. I hope that I get a good grade.
Customer 452715, February 19th, 2022
Business and administrative studies
Customer 452701, August 16th, 2022
Customer 452813, June 25th, 2022
15% OFF your first order
Use a coupon FIRST15 and enjoy expert help with any task at the most affordable price.
Claim my 15% OFF Order in Chat

Get top-notch homework help now. 20% off first 10 orders!


Thank you for choosing MyCoursebay. Your presence is a motivation to us. All papers are written from scratch. Plagiarism is not tolerated. Order now for a 15% discount

Order Now