The binary variables in the fixed cost models correspond to: A.) The number of units or products produced. B.) The total profit C.) The amount of labor hours D.) A process for which a fixed cost ovcurs
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A: THE ANSWER IS AS BELOW:
The binary variables in the fixed cost models correspond to:
A.) The number of units or products produced.
B.) The total profit
C.) The amount of labor hours
D.) A process for which a fixed cost ovcurs
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- Help meExplain briefly a) Efficient Production b) Inefficient Production c) What causes NPV to increaseYour Corporation manufactures four products that use the same raw material and production machine. Your Company is experiencing a shortage of pounds of the raw material. Information related to the four products are shown below. Products A B C D Selling price $40 $32 $35 $65 Variable cots $34 $22 $27 50 Machine hours per unit 6 8 5 7 Pounds per unit 18 20 28 38 To maximize profit next month, in what order would it be best to schedule production (first to last)? a. A, B, C, D b. A, D, B, C c. B, D, A, C d. D, A, C, B
- A manufacturer that produces 100 different products is considering building a new warehouse because there is no room in raw material and product warehouses. Because although some products are more than in the warehouse, some demands that come due to the fact that the ban products are not enough in the warehouse are avoided. For this reason, it plans not to miss any demand by producing and storing enough of all its products, and of course it is considering building a new and larger warehouse to store more products. What can you suggest to this company, taking into account what is described in the course, describe your proposal in maximum detail with the concepts described in the course, as applicable activities.) (i) An organisation uses a certain type of items to produce their products. As a production manager the organisation requires you to calculate the following with the help of the information given below (i) Maximum level (ii) Minimum level (iii) Re-order level The necessary information is as detailed below Normal usage of the items 100 units per week of 6 days Minimum usage of the items 50 units per week of 6 days Maximum usage of the items 150 units per week of 6 days Re-order quantity of the item 600units Re-order period for the item 4 to 6 weeksU-RIDE, Inc. currently produces the electric engines that are used in golf carts made and sold by the Company. Electco has offered to sell the electric engines to U-RIDE at a price of $277 each. Current production information follows: Unit-level material and labor 2$ 230 Facility-level depreciation of manufacturing equip. Product-level engine production supervisor's salary Annual facility-level utilities $ 6,100/month $ 3,100/month $20,500 Buying the engines will free up manufacturing capacity that could be used to make a new economy line golf cart that would produce an additional $11,600 profit per year. U-RIDE is currently operating profitably producing and selling 3,100 engines annually. Based on this information, which of the following is true? Multiple Choice The $111,600 is not relevant because it is an estimate. Buying the units would increase U-RIDE's cost by $35 per unit. of 10
- If a company's product demand is 100 units in month 1, 75 units in month 2, 110 units in month 3 and 50 units in morth 4, 4 (Hint: Moving average = sum of demand in period i / number of periods in the moving average) 1.95.50 O2.71.25 3.83.75 O4.103.35Mazoon Company sells 500 units resulting in $150,000 of sales revenue, $50,000 of variable costs, and $36,000 of :fixed costs. Breakeven point in units is None of the given answers .a O units 180 b O units 300 .c O units 72 d O units 100 .e OAjax Manufacturing produces a single product, which takes 8.0 pounds of direct materials per unitproduced. Assume that it is currently at the end of the first quarter of the year, and there are 50,000pounds of material on hand. The company’s policy is to maintain an end-of-quarter inventoryof materials equal to 25 percent of the following quarter’s material requirements for production.How many units of product were produced in the first quarter of the year? Under the assumptionthat production will increase by 10 percent in the second quarter, what are the direct materialsrequirements (in pounds) for planned production in the second quarter?
- A company had an average inventory last year of $204,000 and its inventory turnover was 6. If sales volume and unit cost remain the same this year as last and inventory turnover is 8 this year, what will average inventory have to be during the current year?a) b) c) d) e) f) g) h) i) What is the optimal solution (in words? An additional 4 hours of shaper time became available. Evaluate the effect? Explain- Two hours of Grinder time was lost. Evaluate the effect? An additional 20 units of component 3 was requested. Evaluate the effect. The demand for component 2 decreased by 30 units. Evaluate the effect Suppose that the profit contribution of component 1 increases to $9.00. What is the new optimal solution? Suppose that the profit contribution of component 3 decrease by $2.00 . Would the optimal solution change Is the problem degenerate? Explain! Are there alternative optima in this problem? Explain2.A company wants to manufacture a mixtur A,B and C. The cost of A ,B and C are 5, 4 a 3 riyals respectively. The company prepares the mixture to meet out the demand of the customers in the following manner. ontaining three contents the quantity of A can't be more than 200K (i) The quantity of B used should be at least 300K9 (iii) The quantity of C can't be more than 400 Kg. Find the optimum combination of the three contents for a mixture of 1000Kgs so that the total cost is minimum.Formulate the L.P.P.( Only the L.P.P formula is required. No need to solve L.P.P)
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