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- Felix & Company reports the following information. Period 1 567698AWNH 2 3 4 10 Units Produced 0 Cost equation = 460 860 1,260 1,660 2,060 2,460 2,860 3,260 3,660 Total Costs $ 4,560 3,860 4,260 4,860 3,960 4,160 8,660 16,060 4,860 10,782 Use spreadsheet software to use ordinary least-squares regression to estimate the cost equation, including fixed and variable cost amounts. per unitVariable cells Cell Name Final Value Reduced Cost Objective Coefficient Allowable Increase Allowable Decrease $B$6 Activity 1 3 0 30 23 17 $C$6 Activity 2 6 0 40 50 10 $D$6 Activity 3 0 –7 20 7 1E+30 Constraints Cell Name Final Value Shadow Price Constraint R.H. Side Allowable Increase Allowable Decrease $E$2 Resource A 20 7.78 20 10 12.5 $E$3 Resource B 30 6 30 50 10 $E$4 Resource C 18 0 40 1E+30 22 What is the optimal objective function value for this problem?Variable cells Cell Name Final Value Reduced Cost Objective Coefficient Allowable Increase Allowable Decrease $B$6 Activity 1 3 0 30 23 17 $C$6 Activity 2 6 0 40 50 10 $D$6 Activity 3 0 –7 20 7 1E+30 Constraints Cell Name Final Value Shadow Price Constraint R.H. Side Allowable Increase Allowable Decrease $E$2 Resource A 20 7.78 20 10 12.5 $E$3 Resource B 30 6 30 50 10 $E$4 Resource C 18 0 40 1E+30 22 If the right-hand side of Resource B changes to 10, then the objective function value: Multiple Choice will decrease by $120. will decrease by $60. will decrease by $20. will remain the same. can only be discovered by resolving the problem.
- Variable cells Cell Name Final Value Reduced Cost Objective Coefficient Allowable Increase Allowable Decrease $B$6 Activity 1 3 0 30 23 17 $C$6 Activity 2 6 0 40 50 10 $D$6 Activity 3 0 –7 20 7 1E+30 Constraints Cell Name Final Value Shadow Price Constraint R.H. Side Allowable Increase Allowable Decrease $E$2 Resource A 20 7.78 20 10 12.5 $E$3 Resource B 30 6 30 50 10 $E$4 Resource C 18 0 40 1E+30 22 What is the allowable range for the right-hand-side for Resource C? Multiple Choice 18 ≤ RHSc ≤ ∞ ∞ ≤ RHSc ≤ 62 −2 ≤RHSc ≤ ∞ − ∞ ≤ RHSc ≤ 40 0 ≤ RHSc ≤ 22Variable cells Cell Name Final Value Reduced Cost Objective Coefficient Allowable Increase Allowable Decrease $B$6 Activity 1 3 0 30 23 17 $C$6 Activity 2 6 0 40 50 10 $D$6 Activity 3 0 –7 20 7 1E+30 Constraints Cell Name Final Value Shadow Price Constraint R.H. Side Allowable Increase Allowable Decrease $E$2 Resource A 20 7.78 20 10 12.5 $E$3 Resource B 30 6 30 50 10 $E$4 Resource C 18 0 40 1E+30 22 If the right-hand side of Resource A changes to 10, then the objective function value: Multiple Choice will decrease by $12.50. will decrease by $125. will decrease by $77.80. will remain the same. can only be discovered by resolving the problem.Variable cells Cell Name Final Value Reduced Cost Objective Coefficient Allowable Increase Allowable Decrease $B$6 Activity 1 3 0 30 23 17 $C$6 Activity 2 6 0 40 50 10 $D$6 Activity 3 0 –7 20 7 1E+30 Constraints Cell Name Final Value Shadow Price Constraint R.H. Side Allowable Increase Allowable Decrease $E$2 Resource A 20 7.78 20 10 12.5 $E$3 Resource B 30 6 30 50 10 $E$4 Resource C 18 0 40 1E+30 22 What is the allowable range for the right-hand-side for Resource C?
- 155) The Marionettes Company is noted for an exceptionally impressive line of Mardi Gras masks. Marionettes has established the following selling and distribution support activity-cost pools and their corresponding activity drivers for the year 2010: Activity Cost Cost Driver Marketing $30 000 $500 000 of sales Customer service 10 000 5000 customer Order execution 5000 100 orders Warehousing 5000 50 product lines Required: a. Determine the activity-cost-driver rate for each of the four selling and distribution activities. b. Under what circumstances is it appropriate to use each of the activity-cost drivers? c. Describe at least one possible negative behavioural consequence for each of the four activity-cost drivers. 156) For each of the following activities identify an appropriate activity-cost driver. a. machine maintenance b. machine setup c. quality control d. material ordering e. production scheduling f.…1. ART Contractors must locate an equipment staging area to serve three construction sites, located at coordinates (2, 2), (1, 4), and (5, 5). Noteshaper Quick Start Question #14) a. If traffic between the staging area and the first two construction sites (2,2) and (1,4) is 50 trips per week and the traffic between the staging area and the construction area at (5,5) is 20 trips per week, what is the best coordinates for theequipment staging area?summanzed below: WAREHOUSE FACTORY F1 9 12 7 18 6 8 13 9 21 20 7 10 11 12 7 F3 14 15 22 Factory output and warehouse supplies that must be maintained are as follows: Eachory Mnits produced/day Warehouse Daily Supply #1 35 1 15 #2 25 2. 12 #3 40 3. 22 24 32 4. 30 5. 20 Determine; a. The best possible factory-to-warehouse shipping program using Vogel's Approximation Method. b. What is the cost of this shipping program?
- Production and sales estimates for March for Robin Co. are as follows: Estimated inventory (units), March 1 18,000 Desired inventory (units), March 31 21,600 Expected sales volume (units): Territory M 7,000 Territory L 8,000 Territory O 9,000 Unit sales price P15 The number of units expected to be manufactured in March is _______________________________________________ Show solution.Describe what is analytic Delphi method and what are the steps are involved in this method in facility location?How would an analyst obtain data and determine thenumber of trips in:(a) a hospital?(b) a machine shop?(c) an auto-repair shop