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Essay text:
they are dynamic. How can such discrepancy be handled? For example if a firm realizes that profit per unit is not Rs 5 as estimated but instead closer to Rs 5.5, how will the final solution mix and total profit change? If additional resources, such as 10 labor hours or 3 hours of machine time, should become available, will this change the problem's answer? Such analyses are used to examine the effects of changes in these three areas:
1. Contribution rates for each variable ? C FACTOR
2. Technological coefficients ? A FACTOR
3. Available Resources ? B FACTOR
This task is alternatively called sensitivity analysis...
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