Question

For a maximization problem, assume that a constraint is binding. If the original amount of a resource is 4 lbs. and the range of feasibility (sensitivity range) for this constraint is from 3 lbs. to 6 lbs., increasing the amount of this resource by 1 lb. will result in the a. same product mix, different total profit. b. different product mix, same total profit as before. c. same product mix, same total profit. d. different product mix, different total profit.

Answer 1

Answer:

a. same product mix, different total profit.

Explanation:

Data provided in the question

Orginal amount of a resource = 4 lbs

Range of feasibility is from 3 lbs to 6 lbs

Based on the above information, the increasing amount of this resource is the product mix remains the same but the total profit is different in the case of feasibility as we can see that the range of feasibility contains from 3 lbs to 6 lbs and for computing the maximizing profit level, the one that contains the biggest value or highest value for selecting the objective function