Determine the number of units of each item required. Item K: Item L: Item M: units (enter your response as a whole number). units (enter your response as a whole number). units (enter your response as a whole number).

Marketing
20th Edition
ISBN:9780357033791
Author:Pride, William M
Publisher:Pride, William M
Chapter19: Pricing Concepts
Section: Chapter Questions
Problem 6DRQ
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You have developed the following simple product structure of items needed for your gift bag for a rush party for prospective pledges in your organization. You forecast

 

300 attendees. Assume that there is no inventory on hand of any of the items. Explode the bill of material.​ (Subscripts indicate the number of units​ required.)

K(1)

 

L(5)

 

M(3)

J

 

 

Determine the number of units of each item required.

 

Item​ K:

 

Item​ L:

 

Item​ M:

 

 

### Product Structure and Bill of Materials

You have developed the following simple product structure of items needed for your gift bag for a rush party for prospective pledges in your organization. You forecast 300 attendees. Assume that there is no inventory on hand of any of the items. Explode the bill of material. (Subscripts indicate the number of units required.)

#### Hierarchical Diagram of Items
```
        J
       / \
     K(1) M(3)
    /
  L(5)     
```

- **J** represents the gift bag.
- **K** is an item required for each gift bag. For each **K**, 5 units of **L** are required.
- **M** is another item required for each gift bag, and each gift bag requires 3 units of **M**.
  
### Determine the number of units of each item required.

- Item K: [ ] units *(enter your response as a whole number)*
- Item L: [ ] units *(enter your response as a whole number)*
- Item M: [ ] units *(enter your response as a whole number)*

To solve this, consider the following:
- For 300 units of **J**, you need the same number of **K** (since each J needs 1 K).
- For each **K**, you need 5 units of **L**.
- For each **J**, you need 3 units of **M**.

Calculate the total number of each item below:

1. **K** = \(300 \times 1 = 300\) units.
2. **L** = \(300 \times 1 \times 5 = 1500\) units.
3. **M** = \(300 \times 3 = 900\) units.

So, you need:
- Item K: 300 units
- Item L: 1500 units
- Item M: 900 units
Transcribed Image Text:### Product Structure and Bill of Materials You have developed the following simple product structure of items needed for your gift bag for a rush party for prospective pledges in your organization. You forecast 300 attendees. Assume that there is no inventory on hand of any of the items. Explode the bill of material. (Subscripts indicate the number of units required.) #### Hierarchical Diagram of Items ``` J / \ K(1) M(3) / L(5) ``` - **J** represents the gift bag. - **K** is an item required for each gift bag. For each **K**, 5 units of **L** are required. - **M** is another item required for each gift bag, and each gift bag requires 3 units of **M**. ### Determine the number of units of each item required. - Item K: [ ] units *(enter your response as a whole number)* - Item L: [ ] units *(enter your response as a whole number)* - Item M: [ ] units *(enter your response as a whole number)* To solve this, consider the following: - For 300 units of **J**, you need the same number of **K** (since each J needs 1 K). - For each **K**, you need 5 units of **L**. - For each **J**, you need 3 units of **M**. Calculate the total number of each item below: 1. **K** = \(300 \times 1 = 300\) units. 2. **L** = \(300 \times 1 \times 5 = 1500\) units. 3. **M** = \(300 \times 3 = 900\) units. So, you need: - Item K: 300 units - Item L: 1500 units - Item M: 900 units
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ISBN:
9780357033791
Author:
Pride, William M
Publisher:
South Western Educational Publishing