In case of a production company which produces 3 different products (RE1, RE2, RE3), we know the following information: Measuring Unit RE1 RE2 RE3 Quantity unit 3,000,000 4,000,000 5,000,000 Sales Price Euro/unit 2,500 3,000 3,500 Production Cost Euro/unit 1,500 1,500 1,500 Consumption Factor kg/unit 0.02 0.04 0.01 Tasks: a) Has a company scarce resource if the company has only 250 tons raw material? b) Calculate the optimal composition of products! c) Determine the estimated total
In case of a production company which produces 3 different products (RE1, RE2, RE3), we know the following information: Measuring Unit RE1 RE2 RE3 Quantity unit 3,000,000 4,000,000 5,000,000 Sales Price Euro/unit 2,500 3,000 3,500 Production Cost Euro/unit 1,500 1,500 1,500 Consumption Factor kg/unit 0.02 0.04 0.01 Tasks: a) Has a company scarce resource if the company has only 250 tons raw material? b) Calculate the optimal composition of products! c) Determine the estimated total
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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Question
In case of a production company which produces 3 different products (RE1, RE2, RE3), we know the following information:
|
Measuring Unit |
RE1 |
|
RE2 |
|
RE3 |
Quantity |
unit |
3,000,000 |
|
4,000,000 |
|
5,000,000 |
Sales Price |
Euro/unit |
2,500 |
|
3,000 |
|
3,500 |
Production Cost |
Euro/unit |
1,500 |
|
1,500 |
|
1,500 |
Consumption Factor |
kg/unit |
0.02 |
|
0.04 |
|
0.01 |
Tasks:
a) Has a company scarce resource if the company has only 250 tons raw material?
b) Calculate the optimal composition of products!
c) Determine the estimated total sales!
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