ASSIGNMENT 2D- Minimization of Profit (Graphical Method)An animal food producer mixes two types of animal food: x and y. each unit of x costs P100 andcontains 40 grams of fat, 20 grams of protein and 1,600 calories. Each unit of y cost P80 and contains 60grams of fat, 60 grams of protein and 1,200 calories. Suppose the producer wants each unit of the finalproduct to yield at least 360 grams of fat, at least 240 grams of protein and at least 9,600 calories, howmany of each type of grain should the producer use to minimize his cost. What is the cost?

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Answered: ASSIGNMENT 2D- Minimization of Profit…

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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Consider the production function Y = z.F(K,L, A) where Y is output, z is technology, K is capital, Lis labour and A is the area of land. Which 3 of the following statements are correct? Select one or more: O a. Diminishing marginal products means that if K,L and A all double, output will less than double. b. The property of a diminishing marginal product of labour means that, if labour is increased while other inputs to production are held constant, output will increase, but by a decreasing amount. O c. If there are constant returns to scale this implies that individual marginal products are not diminishing. d. If marginal products are diminishing, then the marginal product of labour measured in terms of discrete changes is less than the marginal product in terms of calculus. If z increases, the average product of all inputs increases but the marginal products do not. е. O f. Holding K and A constant, if z increases the production function in terms of labour input shifts up by a…
4
Q: The Morton Supply Company produces clothing, footwear, and accessories for dancing and gymnastics. They produce three models of pointe shoes used by ballerinas to balance on the tips of their toes. The shoes are produced from four materials: cardstock, satin, plain fabric, and leather. The number of square inches of each type of material used in each model of shoe, the amount of material available, and the profit/model are shown below: Material (measured in square inches) Model 1 Model 2 Model 3 Material Available Cardstock 12 10 14 1200 Satin 24 20 15 2000 Plain fabric 40 40 30 7500 Leather 11 11 10 1000 Profit per model $50 $44 $40 a) Generate the Sensitivity Report in EXCEL for the model that you built. Interpret, in context, the Shadow Price for the Leather and the Satin constraints. Include units in your interpretations.
. A 100 cu.m. pit is to be excavated using a hydraulic excavator with a rate of 7.1 cu.m. per hour. The rental price of the hydraulic excavator is P12,600.00 per day. If the excavator is used 8 hours per day, determine the equipment cost to finish the excavation work. 18-21. The material cost of a certain scope of work has a total of P250,500.00. Determine the number of days to finish the work if they are using 3 tools that has a rental price of P760.00 per day each. Use (Labor Cost + Equipment Cost)/Material Cost = 30% Workers Salary per day P1050.00 P650.00 P480.00 P320.00 Project Engineer Foreman 2 Skilled Laborer 3 Laborer
Q12)A companys capital structure consists of the following. Amount in () Eauity share of ₹100 Each Retained Earnings 9% Preference shares 10% Debentures 15,00,000 Total The company earns 10% on its capital. The Income tax Rate is 50%. The company requires a sum of ₹25,00,000 to finance its Expansion programme for which the following alternatives are Available to it:- 1) Issue of 20,000 equity shares at a premium of 25 per share. 2) Issue of 10% preference shares. 3) Issue of 8% debentures. Which of the three financing alternatives would you recommend and why?
FROM A | + %00L 1. Question 14 on page 340 14 Toyco produces a line of Bonnie dolls and accessories at its plants in New York and Baltimore that must be shipped to distribution centers in Chicago and Los Angeles. The company uses Air Freight, Inc.., to make its shipments. Suppose that it can ship directly or through Pittsburgh and Denver. The daily production rates at the plants are respectively 5,000 and 7,000 units daily, and the demands at the dis- tribution centers are respectively 3,500 and 8,500 units daily. The costs of shipping 1,000 units are given in the following table. Find the optimal shipping routes and the associated cost. Pittsburgh Denver Chicago Los Angeles New York Baltimore Pittsburgh $182 $375 $285 77 245 575 275 125 380 Denver 110 11 06 2. (Question 25 on page 359) Many automobiles can be ordered in one of two engine sizes (examples are the Lincoln LS, the Lexus Coupe, and the Jaguar S Type) but are virtually identical in every other way. How might these…
Problem 13-3 Determining the Time Value of Money [LO13-1] Complete the following table. Use Exhibit 1-A, Exhibit 1-B, Exhibit 1-C, Exhibit 1-D. Note: Use appropriate factor(s) from the tables provided. Round time value factors to 3 decimal pla nearest whole number. Annual Deposit Rate of Number of Return Years Investment Value at the End of Time Period Total Amount of Investment $ 3,000 4 % 9 $ 3,000 8% 9 $ 3,000 4 % 18 $ 3,000 8% 18 Total Amount of Interest or Earnings
company is buying mini computers. It costs Rs 5 lakh, and its running and maintenance costs are Rs 60,000 for each of the first five years, increasing by Rs 20,000 per year in the sixth and subsequent years. If the money is worth 10 percent per year, What is the optimal replacement period? Year 1 2 3 4 5 6 7 8 9 10 Running Cost 60,000 60,000 60,000 60,000 60,000 80,000 1,00,000 1,20,000 1,40,000 1,60,000

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