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:

Answer 1

increase in profit but same product

Explanation:

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:

The range of feasibility for this constraint is from 3lbs to 6lbs. when the resource is increased by 1lb, then there will be difference in profit so it is still within the sensitivity range