Linear Programming part 2 – Spare Capacity & Shadow prices
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My video cut out at 15:16 馃檨 Hope it is back working tomorrow, these are great lectures!!
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great lecture,really appreciate this,now i know how to calculate the shadow price…………………….
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this was a great lecture. easy to understand and well presented. before i couldnt understand shadow prices and now i totally do. thanks very much
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Hi there, this was helpful, however i am confused as to how 2 of the figures were calculated. They are:
$152.50 for labour
$22.50 for materials
I can’t see how were these figures calculated. Could anyone help?
Thank you
HI MAN !
labour
5s=181 – (6*4.75)
5s= 152.5
s=152.5/5 = 30.5.
mat
5s + 10e = 202.5
(5s)+(6e)= (180)
==============
0 + 4e = 22.5
e = 22.5/4 = 5.625.
hope it s not too late
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