Failsafe Electronics Corporation primarily manufactures four highly tochnical products, which it supplies to acrospace firms that hold NASA contracts. Each of the products must pass through the following depart- ments before they are shipped: wiring drilling, assembly, and inspection. The time roquirements in cach department (in hours) for cach unit produced and its corresponding profit value are summarized in this table: DEPARTMENT PRODUCT WRING DRILLING ASSEMBLY INSPECTION UNIT PROFIT xu201 59 XM897 1.5 1.0 $12 TR29 1.5 in $15 BR788 1.0 $11 The production time available in cach department cach month and the minimum monthly production requirement to fulfill contracts are as follows DEPARTMENT CAPACITY HOURS) PRODUCT MINIMUM PRODUCTION LEVEL Wiring 1,500 X201 150 Driling 2,350 XM897 100 Assembly 2,600 TR29 200 Inspection 1,200 BR788 400
Failsafe Electronics Corporation primarily manufactures four highly tochnical products, which it supplies to acrospace firms that hold NASA contracts. Each of the products must pass through the following depart- ments before they are shipped: wiring drilling, assembly, and inspection. The time roquirements in cach department (in hours) for cach unit produced and its corresponding profit value are summarized in this table: DEPARTMENT PRODUCT WRING DRILLING ASSEMBLY INSPECTION UNIT PROFIT xu201 59 XM897 1.5 1.0 $12 TR29 1.5 in $15 BR788 1.0 $11 The production time available in cach department cach month and the minimum monthly production requirement to fulfill contracts are as follows DEPARTMENT CAPACITY HOURS) PRODUCT MINIMUM PRODUCTION LEVEL Wiring 1,500 X201 150 Driling 2,350 XM897 100 Assembly 2,600 TR29 200 Inspection 1,200 BR788 400
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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