Answered: A software-support division of Blain…

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 software-support division of Blain Information Services has eight projects that can be performed. Each project requires different amounts of development time and testing time. In the coming planning period, 1,150 hours of development time and 900 hours of testing time are available, based on the skill mix of the staff. The internal transfer price (revenue to the support division) and the times required for each project are shown in the table. Which projects should be selected to maximize revenue?

Project	Development Time	Testing Time	Transfer Price
1	80	67	$23,520
2	248	208	$72,912
3	41	180	$62,054
4	10	92	$32,340
5	240	202	$70,560
6	195	164	$57,232
7	269	226	$19,184
8	110	92	$32,340

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