MANUFACTURING
Response to the following problem:
Golden Electronics manufactures several products, including 45-inch GE45 and 60-inch GE60 televisions. It makes a profit of $50 on each GE45 and $75 on each GE60 television produced. During each shift, Golden allocates up to 300 man-hours in its production area and 240 man-hours in its assembly area to manufacture the televisions. Each GE45 requires two man-hours in the production area the man-hour in the assembly area, whereas each I requires two man-hours in the production area ire man-hours in the assembly area. That production levels of GE45 and GE60 television s optimize the expected profit per shift? What is optimal expected profit per shift?
That is the shadow price for extra assembly hours? expert.
Should the optimal solution change if the unit profit GE60 televisions were increased to (i) $135? (ii) $DO?