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Question on linear programing in June 2010

This topic has 1 reply, 2 voices, and was last updated 12 years ago by Sangria9.

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May 30, 2013 at 3:04 pm #127796
Osama
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- Topics: 4
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CUT AND STITCH
I didnt find calculating the parts a and b too challenging (finding out the max contribution and shadow price)
My question is regarding part c.
How did the examiner calculated the labour rate to be $1.5 when it wasnt given in the exam
All we know is shadow price for each extra hr of labour is $4.
Please. Help!!
May 31, 2013 at 1:29 pm #127982
Sangria9
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- Topics: 25
- Replies: 285
Check the question – there is additional information given before part c of question 🙂
The tailors have offered to work an extra 500 hours provided that they are paid three times their normal rate of $1·50 per hour at $4·50 per hour.
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