A company manufactures Products A, B, and C. Each product is processed in three departments: I, II, and III. The total available labor-hours per week for Departments I, II, and III are 780, 960, and 720, respectively.The time requirements (in hours per unit) and the profit per unit for each product are as follows.Dept. IDept. IIDept. IIProfitproduct Aproduct Bproduct CProductA232$18ProductB11What is the maximum profit (in dollars)?$2$12ProductC22If management decides that the number of units of Product B manufactured must equal or exceed the number of units of products A and C manufactured, how many units of each product should the company produceto maximize its profit?1$15

Linear programming is a mathematical technique that is also used in operations management…

Answered: If management decides that the number…

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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Similar questions

Company DEF has a choice of two machines to purchase. They both make the same product which sells for P10. Machine A has FC of P5,000 and a per unit cost of P5. Machine B has FC of P15,000 and a per unit cost of P1. Under what conditions would you select Machine A?
A 5-dozen egg from Costco costs $10.19, how much does it cost per dozen and how much does it cost for each?
If the graph below depicts the operations of the average firm in a perfectly competitive industry, which of the following is most likely to occur? P ATC MC D new firms will enter the market increasing price and profits new firms will enter the market decreasing price and profits existing firms will exit the market increasing price and profits existing firms will exit the market decreasing price and profits none of the above
Submit a single Excel file with formulas within answer cells. Show the formulas for the answer County Hospital contracts for an anesthesiologist’s services for a guaranteed cost of $15,000 a month. For every service the anesthesiologist provides on a procedure, the hospital budgets an incremental $200 toward the anesthesiologist’s salary. Every time the anesthesiologist provides a service, the hospital gains revenue of $1200, which is a sixth of the overall procedure’s revenue. Be sure to make excel do the calculations and indicate any units for the answer. How many procedures would an anesthesiologist have to work on monthly for the hospital to Break Even?
Read the scenario and then, using the table (if you prefer) , tell us the pros and cons for each of the options (A,B,&C) from both the customer and salesperson's perspective while considering the circumstances. Pros - Customer & Salesperson Perspective Cons - Customer & Salesperson Perspective option A Customer: Salesperson: Customer: Salesperson: Option B Customer: Salesperson: Customer: Salesperson: Option C Customer: Salesperson: Customer: Salesperson:
What relationship between x and y is suggested by the scattergram? OA a quadratic relationship with downward concavity OB. a linear relationship with positive slope OC. a linear relationship with negative slope D. a quadratic relationship with upward concavity
Sturgill Manufacturing Inc. needs to predict the numbers of machines and employees required to produce its planned production for the coming year. The plant runs three shifts continuously during the workweek, for a total of 120 hours of capacity per week. The shop efficiency (the percent of total time available for production), which accounts for setups, changeovers, and maintenance, averages 70% with a standard deviation of 5%, which reduces the weekly capacity. Six key parts are produced, and the plant has three different types of machines to produce each part. The machines are not interchangeable as they each have a specific function. The time to produce each part on each machine varies. The mean time and standard deviation (in hours) to produce each part on each machine are shown below: Mean Time Part Type Machine A Machine B Machine C 1 3.5 2.6 8.9 2 3.4 2.5 8 3 1.8 3.5 12.6 4 2.4 5.8 12.5 5 4.2 4.3 28 6…
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A buyer purchases 75 yd of material for $135. Then an additional 80 yd are ordered at the same unit cost. What is the additional cost (in dollars)?
Stanley Black & Decker produces drills at a manufacturing cost of $59/drill. Defective units can be reworked at a cost of $20/drill. The manufacturing process produces 87% good products and 69% of the defective drills can be reworked. What is the total manufacturing cost PER DRILL if you start a production run of 98 drills (meaning you would yield less)? Hint: don't round your Yield. Give your answer to two decimal places. DO NOT INCLUDE the $ symbol!

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