37. Which of the following accurately shows the constraint on the daily capacityfor the third production process?Product12Process 110s Process 2E Process 3620810Unit Profit30A. 8x + 10y 2 10B. 8x + 10y s 600C. 8x + 10y s 10D. 8x + 10y 2 60020

Answered: Image /qna-images/answer/a7cf5bec-f256-448a-8b55-4d5dda257fec.jpg

Answered: 37. Which of the following accurately…

Linear Algebra: A Modern Introduction

4th Edition

ISBN:9781285463247

Author:David Poole

Publisher:David Poole

Chapter2: Systems Of Linear Equations

Section2.4: Applications

Problem 24EQ: Suppose the coal and steel industries form a closed economy. Every $1 produced by the coal industry...

See similar textbooks

Similar questions

23. Consider a simple economy with just two industries: farming and manufacturing. Farming consumes 1/2 of the food and 1/3 of the manufactured goods. Manufacturing consumes 1/2 of the food and 2/3 of the manufactured goods. Assuming the economy is closed and in equilibrium, find the relative outputs of the farming and manufacturing industries.
Suppose the coal and steel industries form a closed economy. Every $1 produced by the coal industry requires $0.30 of coal and $0.70 of steel. Every $1 produced by steel requires $0.80 of coal and $0.20 of steel. Find the annual production (output) of coal and steel if the total annual production is $20 million.
If during the following year it is predicted that each comedy skit will generate 30 thousand and each musical number 20 thousand, find the maximum income for the year. A television program director must schedule comedy skits and musical numbers for prime-time variety shows. Each comedy skit requires 2 hours of rehearsal time, costs 3000, and brings in 20,000 from the shows sponsors. Each musical number requires 1 hour of rehearsal time, costs 6000, and generates 12,000. If 250 hours are available for rehearsal and 600,000 is budgeted for comedy and music, how many segments of each type should be produced to maximize income? Find the maximum income.
Huntco produces tomato sauce at five different plants. The tomato sauce is stored at one of three warehouses (W/H). The per-ton cost (in hundreds of dollars) of producing tomato sauce at each plant and shipping it to each warehouse; capacity of the plants; and the fixed cost of setting up the plants are given in the below table. Cost to ($/ton) DIIT From plant WH 1 WH2 WH 3 Capacity (tons) Fixed cost (x1,000 in $) Plant 1 8 10 12 300 Plant 2 200 45 Plant 3 6 300 Plant 4 5 7 200 42 Plant 5 7 6 400 40 Huntco has 4 customers. The cost of shipping a ton of sauce from each warehouse to each customer; customers' demand quantities; and the fixed cost of maintaining the warehouses are given below. Cost to ($/ton) Fixed cost From WH Customer 1 Customer 2 Customer 3 Customer 4 (x1,000 in $) WH 1 40 80 90 50 30 WIH 2 70 70 60 80 40 WIH 3 80 30 50 60 30 Demand (tons) 200 300 150 250 We would like to meet the demand at minimum cost using an appropriate mathematical model. • Decision variables? •…
Arrange a plan to order from the supplier using Part Period Balancing and Least Unit Cost method. Ordering lead time of the components is 1 period. Then Calculate the total cost of each method.
The long run. A chair manufacturer hires its assembly-line labour for $18 an hour and calculates that the rental cost of its machinery is $6 per hour. Suppose that a chair can be produced using 4 hours of labour or machinery in any combination. The firm is currently using 1 hour of labour for every 3 hours of machine time. (Assume that labour is on the horizontal axis and capital is on the vertical axis). 3. Graphically illustrate your answer by drawing an isoquant, an isocost line for the current combination of labour and capital and an isocost line for the optimal combination of labour and capital. An isocost corresponding to the optimal combination of labour and capital is [a vertical line, a horizontal line, an upward sloping straight line, an upward sloping curve which is not a straight line, a downward sloping straight line, a downward sloping curve which is not a straight line, L-shaped] has slope [ ] at the optimal combination of inputs An isoquant…
Assume that the production of 1 unit of magnesium requires 0.8 units of magnesium and 0.2 units of aluminum, and that the production of 1 unit of aluminum requires 0.3 units of magnesium and 0.2 units of aluminum.
At the beginning of the year a company estimated that 20.000 direct labor hours would be required for the period's estimated level of production. The company also estimated $140 000 of fixed manufacturing overhead cost for the coming period and variable manufacturing overhead of $150 per direct laber-hour Asume that Job X used $200 in direct materials, $280 of drect labor, and 20 direct labor hours. What is the total job cost for Job X" O O 540000 $60.00 SYMUD
What is the correct option please?
Assume that the production of 1 unit of magnesium requires 0.4 units of magnesium and 0.4 units of aluminum, and that the production of 1 unit of aluminum requires 0.2 units of magnesium and 0.7 units of aluminum.Find the production schedule that satisfies an external demand for 30 units of magnesium and 90 units of aluminum.
1. A company produces two colors of cloth, namely red and pink. In order to produce these colors, 2 special raw materials are being used by the company. The production data is given below: Meters of raw material per meter of Maximum daily availability Red Cloth Pink Cloth Raw Material 1 2 1 6 Raw Material 2 4 24 Profit per ton (1000) According to the dealer, the daily maximum demand for red cloth is 2 meters and the daily demand for red cloth can't exceed that for pink cloth by more than 1 meter. The company wants to maximize its daily profit. a. Construct the LP Model of this problem. b. Find the optimal solution using Graphs. (graphing paper or desmos) c. Find the optimal solution using Excel Solver. (Sheet 1) d. Find the optimal solution using Algebraic Solution. e. Find the optimal solution using the Simplex Method. (Not in excel)
5. A company sells four types of boxes (B1,.B4) ranging in size from 24 to 33 cubic feet (size is measured as volume). The demand and size of each box is given in the table below. The variable cost (in dollars) of producing each box is equal to the box's volume. A fixed cost of $1,000 is incurred to produce any of a particular box. If the company desires, demand for a box may be satisfied by a box of larger size. Formulate and solve a shortest-path problem whose solution will minimize the cost of meeting the demand for boxes. B1 B2 B3 B4 Size 33 30 26 24 Demand 400 300 500 700 Considering that this problem can be formulated as a shortest path model, answer the following questions: Define nodes, arcs, and arc properties in words. Calculate all arc costs and show your calculations in detail. Draw the network graph showing the relevant parameter values on the network. • Formulate the shortest-path model for this problem.

SEE MORE QUESTIONS

Recommended textbooks for you

Linear Algebra: A Modern Introduction

Algebra

ISBN:

9781285463247

Author:

David Poole

Publisher:

Cengage Learning

Algebra & Trigonometry with Analytic Geometry

Algebra

ISBN:

9781133382119

Author:

Swokowski

Publisher:

Cengage

College Algebra (MindTap Course List)

Algebra

ISBN:

9781305652231

Author:

R. David Gustafson, Jeff Hughes

Publisher:

Cengage Learning

Linear Algebra: A Modern Introduction

Algebra

ISBN:

9781285463247

Author:

David Poole

Publisher:

Cengage Learning

Algebra & Trigonometry with Analytic Geometry

Algebra

ISBN:

9781133382119

Author:

Swokowski

Publisher:

Cengage

College Algebra (MindTap Course List)

Algebra

ISBN:

9781305652231

Author:

R. David Gustafson, Jeff Hughes

Publisher:

Cengage Learning

SEE MORE TEXTBOOKS

37. Which of the following accurately shows the constraint on the daily capacity for the third production process? Product 1 2 Process 1 10 Process 2 6 20 E Process 3 8 10 Unit Profit 20 30 O A. 8x + 10y 2 10 O B. 8x + 10y S 600 O C. 8x + 10y s 10 O D. 8x + 10y 2 600 minutes