A manufacturing company makes two types of water skis, a trick ski and a slalom ski. The relevant manufacturing data are given in the table.Labor-Hours per SkiMaximum Labor-HoursAvailable per Day38436DepartmentFabricatingFinishingTrick Ski121Slalom Ski81If the profit on a trick ski is $50 and the profit on a slalom ski is $30, how many of each type of ski should be manufactured each day to realize maximum profit? Whatis the maximum profit?The maximum profit is $. The maximum occurs whentrick skis and slalom skis are produced.

Optimal profit involves finding the most efficient and effective strategies to maximize revenue and…

Answered: A manufacturing company makes two types…

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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The MacJunkin Company manufactures transmission parts. The current process uses 20 workers and produces 400 units per hour. You are considering changing the process with new manufacturing methods that increase output to 470 units per hour but will require 22 workers. Workers are paid at a rate of $15 per hour, and overhead is charged at 140% (or 1.4 times) labor costs. Finished switches sell for $80/unit. The details are as follows: Current Process New Process Output (Units/Hour) 400 470 Number of Workers 20 22 Material (Cost/Hour) $120 $150 These are the correct answers can you show me how to get these answers? A. What is the multifactor productivity ratio for the current process? 38.10 B. What is the multifactor productivity ratio for the new process? 39.92 Your answer is correct.
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Help fill in the tables with an explanation of how the fields were achieved. I need to explain the answers. Some fields are already given in the tables. You have an upstream Picking department that feeds two downstream Packing departments: Pack Singles and Pack Multis. Those Packing departments feed to a Shipping department that loads the outgoing trucks. 30% of your Pick volume goes to Pack Singles and has a packing rate of 171 units per labor hour (uph). 70% of the Pick volume goes to Pack Multis and has a pack rate of 266 units per labor hour. Your pickers pick both Single and Multi items throughout the day at an overall average rate of 114 units per labor hour. All units that are packed in both processes go through the Ship process at a rate of 570 units per hour. You have 102 people today for all 4 departments and you absolutely must pack 47,880 units in Pack Multis Items to meet a customer promise metric. How do you allocate labor to balance the flow in your department if you…
this question is on the Operations research subject. Please take a look at the image attached.
In any given manufacturing scenario, what factors should be considered when determining whether to use a work order cost system or a process cost system?
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Assistance please
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