HelpSaEnabled: Chapter 8 Non-Linear Programming E. OSevedA manufacturer of two products (Widgets and Gadgets) makes a profit of $180 for each widget sold and $180 for each gadget sold.However, production of these products generates hazardous waste charges at the rate of 3 (where Wis the number of Widgetsproduced) and 20 (where Gis the number of Gadgets produced). The manufacturer has ample supplies of all raw materials and cansell all the Widgets and Gadgets It produces. The firm has sufficient capacity to produce any realistic quantity of both products.What is the optimal quantity of each product to produce? (Round your answers to 1 decimal place.)Widgets andGadgetsWhat is the maximum profit the manufacturer can earn? (Round your answer to 2 decimal places.)Marmum proft

Small Introduction about Capacity Capacity is the greatest amount of production that a…

Answered: A manufacturer of two products (Widgets…

Practical Management Science

6th Edition

ISBN:9781337406659

Author:WINSTON, Wayne L.

Publisher:WINSTON, Wayne L.

Chapter2: Introduction To Spreadsheet Modeling

Section: Chapter Questions

Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...

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A vehicle purchased for $27500 depreciates at a constant rate of 4%. Determine the approximate value of the vehicle 11 years after purchase
the variable cost will be constant regardless the number of units produced true false
90 Questions remaining Before going on vacation, your insured trades in his outboard boat, motor and trailer for new, more exper sve models without your knowledge. When he returns, six weeks later, he advises you of the transaction and at the same time reports riking a rock with the motor while he was away, which cost $1,000 to repair. His Homeowners policy contains a "Watert caft, Outboard Motor. Trailer and Miscellaneous Equipment" rider. What would be your response? A) You will report the change to the insurer, assure him the policy covers the loss and ask him to submit the repair bill. OB) The policy does not cover the loss since he did not report the new acquisition within 30 days. OC) The policy will cover only the proportion that the value of the equipment trade bears to the value of the new equipment. OD) since he had not paid the extra premium for the higher valued equipment, the policy will not cover
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If the graph below depicts the operations of the average firm in a perfectly competitive industry, which of the following is most likely to occur? P ATC MC D new firms will enter the market increasing price and profits new firms will enter the market decreasing price and profits existing firms will exit the market increasing price and profits existing firms will exit the market decreasing price and profits none of the above
life cycle costing is not correct Which of the following is not a contemporary management technique used by the management accountant to focus on process improvement? Enterprise risk management Life cycle costing Enterprise sustainability V Lean accounting
The concept of shared value focuses on making economical value in a method that likewise creates special value for the society Select one: True False
Final goods are within the production boundaries True/False
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You are considering buying a 30-HP electric motor which has an efficiency rating of 89%. The motor costs $10,000 and will be used for 10 years. The expected salvage value at that time is $1,000. The cost to run the electric motor is $0.09 per kWh for 2,000 hours a year. (1HP=0.7457kW.)(1 HP=0.7457 kW.) What is the total annual equivalent cost of owning and operating the motor for 10 years at an interest rate of 12% per year? Answer must be shown in Excel!

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