As a toy builder you enjoy making toys for both fun and profit. For your latest production batch,you need to decide how many of each toy to make. The four types of toys you make are airplanes,helicopters, bus, and cars.To build an airplane you need 3 blue blocks, 2 green rods, and 1 red wheel. To build a helicopteryou need 2 blue blocks, 4 green rods, and 1 red wheel. To build a bus you need 1 blue blocks, 3green rods, and 4 red wheel. To build a car you need 1 blue block, 2 green rods, and 4 red wheels.Your profit margins for each toy are as follows: Airplane P7, Helicopter P8, Bus P6, Car P5.The parts available to you are as follows: 30 blue blocks, 44 green rods, and 50 red wheels. It isok to have leftover parts.Question: What is the maximum profit you can achieve? Workforce management is central to efficient operations and good customer service.Proper scheduling of employees can mean the difference between profitability and businessfailure.As the manager of a popsicle stand, you are required to hire and set the weekly workschedule for your employees. The required staffing levels for the week are as follows.Total employees required: Monday=5, Tuesday=7, Wednesday=7, Thursday=10,Friday=16, Saturday=18, Sunday=12. Assume the same staffing requirements continueweek after week.Full Time employees work 5 consecutive days and earn $100 per day. Part Time employeeswork 2 consecutive days and earn $150 per day.Question: What is the minimal weekly staffing cost you can achieve while meeting therequired staffing levels? 2/2012

Note: - Since the exact question that has to be answered is not specified we will answer the first…

Answered: As a toy builder you enjoy making toys…

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...

See similar textbooks

Similar questions

A grocery store sells a bag of 4 oranges for $2.84. How much would it cost for 5 oranges?
The ultimate objective of business firms should be to satisfy the needs of their customers.True or False
Could you please help me with these.
How does the requirement that the number of units of model LX produced be at least 60% of the total production affect profits? Show excel
In Des Moines, Iowa, 17 stores specializing in selling the same quality and brand of wheat products are located on one street. A store cannot charge more than the going-rate price without the risk of losing business to the other competitors. What type of market is this?
Government officials must decide how to reduce the amount of Magentum being adulterated in the future. According to Becker, which of the following are options that could get the same expected cost of crime commission? 1 - Increase the probability of detection and conviction and combine that with a low sanction. 2 - Change the opportunity cost of the crime. 3 - Keep a low risk of probability of detection and conviction but impose a very high sanction. 1 and 3 1, 2, 3 1 and 2 2 and 3
You are the buyer for a major U.S. health care company. As buyer, your job is to procure and buy parts for the production of X-Ray machines. The buyer from your sister plant in Paris, France has contacted you to supply them with 5 center sections, (a major component used in the X-Ray tube), because they will run out of these parts within 3 days. The center section is procured from a single source supplier in England, weighs approximately 40 pounds, is made of lead and has a 6-week lead time, (the time your supplier requires to manufacture the center section). Based on this criterion, answer the following questions: What mode of transportation is appropriate for shipping this part to Paris, France? What carrier will you use? Which carrier offers the best value?
Mrs. Peters needed to raise money to bring her class to the Air and Space Museum in Washington, D.C. With only a few weeks left before the deadline, the class was raising an average of $45 every day from online donations. Mrs. Peters was worried they might not raise the last $1,000 in time. That evening, she posted a story about the class trip on an education website, and the donation rate doubled overnight! The new rate stayed the same for the remaining 3 weeks until the deadline, and they raised more than their goal! How much extra did the class raise?
The formula to determine tax payable is: a) Income before income tax expense (From the income tax return) multiplied by the income tax rate. b) Income before income tax expense (From the income tax statement) multiplied by the income tax rate. c) Taxable income (from the income tax return) multiplied by the income tax rate. d) Taxable income (from the income statement) multiplied by the income tax rate.
Pls help ASAP
(d) The company only has 4 workstations available. If it only operates its 4stations, how many weeks does it need to meet the production requirements?(e) The company has other contracts it needs to satisfy. Working on themugs more than 4 weeks means it will have to cancel another contract,incurring a penalty of $4,500. Each new workstation costs the company$2,500. What should the company do: cancel the contract or buy therequired workstations?
Inefficiency means that each asset is employed in its highest-valued use. Each inefficiency implies a money-making opportunity. • An economy is efficient if all assets are employed in their highest-valued uses. Discuss how you think commercial airlines will respond to the threat of a $27,500 fine for keeping passengers on the tarmac for more than three hours? 。 What inefficiency will this create?

SEE MORE QUESTIONS

Recommended textbooks for you

Practical Management Science

Operations Management

ISBN:

9781337406659

Author:

WINSTON, Wayne L.

Publisher:

Cengage,

Operations Management

ISBN:

9781259667473

Author:

William J Stevenson

Publisher:

McGraw-Hill Education

Operations and Supply Chain Management (Mcgraw-hi…

Operations Management

ISBN:

9781259666100

Author:

F. Robert Jacobs, Richard B Chase

Publisher:

McGraw-Hill Education

Practical Management Science

Operations Management

ISBN:

9781337406659

Author:

WINSTON, Wayne L.

Publisher:

Cengage,

Operations Management

ISBN:

9781259667473

Author:

William J Stevenson

Publisher:

McGraw-Hill Education

Operations and Supply Chain Management (Mcgraw-hi…

Operations Management

ISBN:

9781259666100

Author:

F. Robert Jacobs, Richard B Chase

Publisher:

McGraw-Hill Education

Business in Action

Operations Management

ISBN:

9780135198100

Author:

BOVEE

Publisher:

PEARSON CO

Purchasing and Supply Chain Management

Operations Management

ISBN:

9781285869681

Author:

Robert M. Monczka, Robert B. Handfield, Larry C. Giunipero, James L. Patterson

Publisher:

Cengage Learning

Production and Operations Analysis, Seventh Editi…

Operations Management

ISBN:

9781478623069

Author:

Steven Nahmias, Tava Lennon Olsen

Publisher:

Waveland Press, Inc.

SEE MORE TEXTBOOKS