Assuming that the company’s monthly demand is 10,000 units of Product x and y, which mathematical model is appropriate to express such a constraint? a. x + y ≤ 10,000 b. x + y ≥ 10,000 c. x - y = 10,000 d. none of the above
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Assuming that the company’s monthly demand is 10,000 units of Product x and y, which mathematical model is appropriate to express such a constraint?
a. x + y ≤ 10,000
b. x + y ≥ 10,000
c. x - y = 10,000
d. none of the above
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- Which of the following would produce no change in the contribution margin per unit? Select one: a. A 14% increase in variable cost. b.A 7% increase in selling price. CA 15% decrease in selling price. d. None of the given of answers. A 23% increase in the number of units sold.urrently, the unit selling price of a product is $410, the unit variable cost is $340, and the total fixed costs are $1,176,000. A proposal is being evaluated to increase the unit selling price to $460. a. Compute the current break-even sales (units).fill in the blank 1 of 1 units b. Compute the anticipated break-even sales (units), assuming that the unit selling price is increased and all costs remain constant.fill in the blank 1 of 1 unitsUsing your answer to Requirement 1, assume that Reshier Company is considering dropping any model with a negative product margin. What are the alternatives? Which alternative is more cost effective and by how much? (Assume that any traceable fixed costs can be avoided.) Do NOT round interim calculations and, if required, round your answer to the nearest dollar. will add $fill in the blank 8723bbfe4004028_3 to operating income 3. What if Reshier Company can only avoid 182 hours of engineering time and 4,800 hours of setup time that are attributable to Model 1? How does that affect the alternatives presented in Requirement 2? Which alternative is more cost effective and by how much? Do NOT round interim calculations and, if required, round your answer to the nearest dollar. will add $fill in the blank 8723bbfe4004028_5 to operating income
- K Suppose that a company offers quantity discounts. If up to 1,000 units are purchased, the unit price is $12; if more than 1,000 and up to 5,000 units are purchased, the unit price is $8.00; and if more than 5,000 units are purchased, the unit price is $7.50. Develop an Excel template using the VLOOKUP function to find the unit price associated with any order quantity and compute the total cost of the order. Complete the formulas in the spreadsheet below. Select the correct VLOOKUP function in cell C8 to find the unit price for the order quantity. (Type integers or decimals rounded to two decimal places as needed.) 1 2 3 5 6 7 8 6 A B C Purchase Quantity 1 to 1000 1001 to 5000 5001 or more Quantity Ordered Unit Price Total Cost 2400 D Unit Price $ $ $Can you please explain the statement with an example? Also, check whether my understanding of the example is correct. "If using the same unit fixed costs at different output levels, managers may reach erroneous conclusions. Total fixed costs should be used." My Understanding: For example, if the capacity is 1000 and currently we produce 1000 units and sell it for $20 per unit, variable cost $5 and the fixed cost $10 per unit (within the relevant range); and we have a special order to produce 1200 units for $8 per unit. Should we include additional the Total Fixed Cost of $10000, which is (10*1000) for the range (1001-2000) plus $10000 for the range (0-1000), which means, we will have a total fixed cost of $20000.Based on the following sensitivity report, what would be the impact of changing the objective function coefficient for Product 1 to 18 and changing the objective function coefficient for Product_3 to 13? Variable Cells Cell $B$2 $B$3 $B$4 Constraints Cell $H$9 $H$10 $H$11 Name Product 1 Product 2 Product 3 Name Resource A Resource_B Resource C Applying the 100% rule, Final Value 0 175 Final Value 1 0 525 700 Reduced Cost -2 0 -1.5 Shadow Price 0 1.75 Objective Coefficient Constraint R.H.Side 13 14 10 HELSI 100 800 700 Allowable Increase 3 1E+30 5 Allowable Increase 1E+30 1E+30 366.6666667 Allowable Decrease 1E+30 9 1E+30 Allowable Decrease 100 275 700 because the total change in the objective function coefficients 100%.
- Myers Business Systems is evaluating the introduction of a new product. The possible levels of unit sales and the probabilities of their occurrence are given next: Possible Market Reaction Low response Moderate response High response Very high response Expected value Sales in Units 25 units Standard deviation a. What is the expected value of unit sales for the new product? Note: Do not round intermediate calculations and round your answer to the nearest whole unit. 35 40 70 Probabilities 0.40 units 0.20 0.10 0.30 b. What is the standard deviation of unit sales? Note: Do not round intermediate calculations. Round your answer to 2 decimal places.You are an industry analyst that specializes in an industry where the market inverse demand is P = 100 - 2Q. The external marginal cost of producing the product is MCExternal = 8Q, and the internal cost is MCInternal = 18Q.Instructions: Enter your responses rounded to the nearest two decimal places.a. What is the socially efficient level of output? unitsb. Given these costs and market demand, how much output would a competitive industry produce? unitsc. Given these costs and market demand, how much output would a monopolist produce? unitsd. Which of the following are actions the government could take to induce firms in this industry to produce the socially efficient level of output.Instructions: For correct answers place a check mark. check all that apply Nonrival consumptionunanswered Pollution taxesunanswered Pollution permitsunansweredBased on the following sensitivity report, what would be the impact of changing the constraint right-hand side for Resource_A to 73 and, at the same time, changing the constraint right-hand side for Resource C to 600? Variable Cells Final Objective Coefficient Allowable Allowable Reduced Cost Cell $8$2 $B$3 $854 Name Value Increase Decrease 1E+30 1. Product 1 -2 2 Product 2 175 16430 Product 3 -1.5 9 1.5 1E+30 Constraints Final Shadow Constraint Allowable Allowable Cell Name Value Price R.H.Side Increase Decrease SHS9 Resource A 100 16430 90 SH$10 Resource B 525 s00 1E+30 340 SH$11 Resource C 700 1.75 700 390 160 Applying the 100% rule, The shadow price remains valid because the total change in the constraint right-hand sides does not exceed 10 3 of 5 Next > ASUS
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