Explain the meaning of this dual value to management

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Let D = barrels of cranberries harvested using dry method Max 23.5 W + 37.5 D s.t. 1 W + 1 D ≤ 6000 Total Harvest .06 W + .019 D ≤ 1018 Dechaffing .12 W + .29 D ≤ 1018 Cleaning .24 W + 0 D ≤ 1018 Drying W, D ≥ 0 Solve a linear program in part (a). How many barrels should be dry harvested? How many barrels should be wet harvested? Round your answers to two decimal places. Round your answer for Total Cost to the nearest cent. Optimal Solution: W 1755.2 D 4241.7 Total Cost = $ 165,498 Suppose that Fresh Made can increase its dechaffing capacity by using an outside firm for this operation. Fresh Made will still use its own dechaffing operation as much as possible, but it can purchase additional capacity from this outside firm for $500 per hour. Should Fresh Made purchase additional dechaffing capacity? If required, round your answer to three decimal places. Fresh Made should not purchase additional dechaffing capacity. Why or why not? The dechaffing (Constraint 2) is not a binding constraint because only 430 of the 1,018 available hours are being used. Interpret the dual value for the constraint corresponding to the cleaning operation. How would you explain the meaning of this dual value to management? If required, round your answers to two decimal places. Assuming everything else remains unchanged, each additional hour of cleaning capacity (Constraint 3) added (subtracted) from the 1,018 available hours increases (decreases) revenues $ 0 based on the Dual Values shown here. This is true for any cleaning capacity value between 0 and 1018 . can you check this for me? some of these answers are wrong and i cant figure it out?

Reference no: EM131707627

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