# Solution Key Average = Range 9 to 25. BOSTON COLLEGE GRADUATE SCHOOL OF MANAGEMENT Operations and Strategic Management Department

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3 a. Before solving this model (i.e. answer this question without referring to the attached answer report or sensitivity report) Valu-Com management proposes the following: Last period we produced 00 FastLink and 70 each the other four? Is this solution feasible? Why or why not? Can this solution possibly be optimal? Why or why not? 0(70)(00)0(70)8(70)(70)70< < < <000 all s>00 00(70) binding This solution is feasible (all constraints are satisfied). The solution lies on the constraint. It can only be optimal if there are alternate optimal solutions. However if Valu- Com simply produces one more FastLink the prit goes up and all constraints are still satisfied (in this case none are binding). In addition it can be seen that the objective function and binding constraint are not parallel. b. Valu-com management now makes the following recommendation (again answer this question without referring to the attached answer report and sensitivity report) HyperLink are the most pritable why don t we produce00 HyperLink and 00 FastLink and 70 each the other three? Is this solution feasible? Why or why not? Can this solution possibly be optimal? Why or why not? < >00000 not feasible 00>0000 not feasible 67.<000 all s>00 00<(00) not feasible This solution is not feasible and therefore can not be optimal.

5 e. Valu-Com has heard a rumor that HyperLink are going to become an industry standard. This is likely to drive the price HyperLink up. How much will the wholesale price HyperLink have to increase before Valu-Com should consider producing more HyperLink Cards? Eplain. (Answer this question independent question d.) The price HyperLink must go up by at least \$.67. This can be seen from the allowable increase for the HyperLink contribution to prit or the shadow price on the HyperLink production constraint.

6 Name Section

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