Write a short explanation of the sensitivity information

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Question: An international toy manufacturing company manufactures three types of stuffed animals - dog, lion and giraffe, each made from different combination of red, yellow and blue cloth and cotton. The data (cloth requirement in yards) is as below:

Toy Dog Lion Giraffe

Red 1/2 1/2 1.5

Yellow 2 1.5 1.5

Blue 1 1.5 1.5

Cotton (in kg.) 2 3 4

The dog sells at $47.5, lion at $60, and giraffe at $75. The company has 1500 yards of red, 2000 yards of blue and 200 yards of yellow cloth, while 50,000 kg of cotton is available. Develop and solve a linear optimization model to determine the optimal mix to maximize turnover, and write a short explanation of the sensitivity information.

Reference no: EM131440051

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