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In the Solver Sensitivity Results, the shadow price of the assembling labor is provided and it equals $16 whereas the shadow price of the testing labor is $0. What is the economical interpretation of these numbers? A definition of a shadow price could be part of your answer but you need go further and explain in economic terms (dollars) the meaning of these numbers. Hint: what would it be the impact in your profits if one more unit of assembling labor is available? What if one more unit of testing labor is available?

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Operation Management, Management Studies

Category:- Operation Management
Reference No.:- M93085943

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