Suppose Ace Novelty received an order from an amusement park for 2000 Pink Panthers, 1900 Giant Pandas, and 1100 Big Birds. The quantity of each type of stuffed animal to be produced at each plant is shown in the following production matrix: P = Panthers Pandas Birds L.A 700 1000 600 . Seattle 1300 900 500 Each Panther requires 1.1 square yards of plush, 20 cubic feet of stuffing, and 14 pieces of trim. Each Panda requires 2.9 square yards of plush, 30 cubic feet of stuffing, and 4 pieces of trim. Each Bird requires 2.4 square yards of plush, 25 cubic feet of stuffing, and 18 pieces of trim. The plush costs $4.50 per square yard, the stuffing costs 10 cents per cubic foot, and the trim costs 25 cents per piece. (a) How much of each type of material must be purchased for each plant? plush for L.A. yd2 stuffing for L.A. ft3 trim for L.A. pieces plush for Seattle yd2 stuffing for Seattle ft3 trim for Seattle pieces (b) What is the total cost of materials that will be incurred at each plant? L.A. $ Seattle $ (c) What is the total cost of materials incurred by Ac
Suppose Ace Novelty received an order from an amusement park for 2000 Pink Panthers, 1900 Giant Pandas, and 1100 Big Birds. The quantity of each type of stuffed animal to be produced at each plant is shown in the following production matrix: P = Panthers Pandas Birds L.A 700 1000 600 . Seattle 1300 900 500 Each Panther requires 1.1 square yards of plush, 20 cubic feet of stuffing, and 14 pieces of trim. Each Panda requires 2.9 square yards of plush, 30 cubic feet of stuffing, and 4 pieces of trim. Each Bird requires 2.4 square yards of plush, 25 cubic feet of stuffing, and 18 pieces of trim. The plush costs $4.50 per square yard, the stuffing costs 10 cents per cubic foot, and the trim costs 25 cents per piece. (a) How much of each type of material must be purchased for each plant? plush for L.A. yd2 stuffing for L.A. ft3 trim for L.A. pieces plush for Seattle yd2 stuffing for Seattle ft3 trim for Seattle pieces (b) What is the total cost of materials that will be incurred at each plant? L.A. $ Seattle $ (c) What is the total cost of materials incurred by Ac
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Suppose Ace Novelty received an order from an amusement park for 2000 Pink Panthers, 1900 Giant Pandas, and 1100 Big Birds. The quantity of each type of stuffed animal to be produced at each plant is shown in the following production matrix:
| P = |
|
Each Panther requires 1.1 square yards of plush, 20 cubic feet of stuffing, and 14 pieces of trim. Each Panda requires 2.9 square yards of plush, 30 cubic feet of stuffing, and 4 pieces of trim. Each Bird requires 2.4 square yards of plush, 25 cubic feet of stuffing, and 18 pieces of trim. The plush costs $4.50 per square yard, the stuffing costs 10 cents per cubic foot, and the trim costs 25 cents per piece.
(a) How much of each type of material must be purchased for each plant?
(b) What is the total cost of materials that will be incurred at each plant?
(c) What is the total cost of materials incurred by Ac
| plush for L.A. | yd2 |
| stuffing for L.A. | ft3 |
| trim for L.A. | pieces |
| plush for Seattle | yd2 |
| stuffing for Seattle | ft3 |
| trim for Seattle | pieces |
(b) What is the total cost of materials that will be incurred at each plant?
| L.A. | $ |
| Seattle | $ |
(c) What is the total cost of materials incurred by Ac
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