The ELC Corporation manufactures two industrial-sized electricaldevices: generators and alternators. Both of these products requirewiring and testing during the assembly process. Each generatorrequires 5 hours of wiring and 2 hour of testing and can be sold for a$420 profit. Each alternator requires 2 hours of wiring and 1 hours oftesting and can be sold for a $260 profit. There are 400 hours of wiringtime and 300 hours of testing time available in the next productionperiod and ELC wants to maximize profit.What is the shadow price of hours of testing?Question 5The ELC Corporation manufactures two industrial-sized electricaldevices: generators and alternators. Both of these products requirewiring and testing during the assembly process. Each generatorrequires 5 hours of wiring and 2 hour of testing and can be sold for a$420 profit. Each alternator requires 2 hours of wiring and 1 hours oftesting and can be sold for a $260 profit. There are 400 hours of wiringtime and 300 hours of testing time available in the next productionperiod and ELC wants to maximize profit.Management informs you that you have to cut 50 hours of eitherwiring or testing. Which would you choose?O wiringtestingit doesn't matter which one is cutO No answer text provided.

As per Bartleby's guidelines, I have Solved the first question as multiple questions are asked…

Answered: The ELC Corporation manufactures two…

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...

See similar textbooks

Similar questions

Hansen Controls has been awarded a contract for a large number of control panels. To meet this demand, it will use its existing plants in Houston and Tulsa, and consider new plants in Portland, St. Louis and Lexington. Finished control panels are to be shipped to Denver, Kansas City and Seattle. Pertinent information is given in the table. Denver 1 1- 2- 3- Sources 4- 5- Houston Tulsa Portland Construction St. Louis Cost Kansas City 2 ---- 1 Shipping Cost to Destination: Capacity Seattle 3 6 6 500,000 450,000 Lexington 400,000 Demand 14,000 13,000 18,000 We develop a transportation model as an LP that includes provisions for the fixed costs (construction costs in this case) for the three new plants. The solution of this model would reveal which plants to build and the optimal shipping schedule. Let xij = the number of panels shipped from source i to destination j y₁ = 1 if plant i is built, = 0 otherwise (i = 3, 4, 5) The constraint x21 + x22+x23 <= 13,000*y3 represents which of the…
I am not sure why i got those incorrect
Kala is one of the top manufacturer of ukuleles. The manufacturer produces three different types of ukuleles. Its Concert produce $6 in profit per unit; its Soprano produce $4 in profit per unit; and its Tenor produce $8 in profit per unit. Each type of ukulele passes through three manufacturing stages as a part of the entire production process. The three process centers of modelling, curing and assembly has an available production time per day of 12 hours, 14 hours and 16 hours, respectively. To produce one hundred units of Concert, the time required for the process of modelling, curing and assembly is 2 hours, 3 hours and 2 hours, respectively. To produce one hundred units of Soprano, 2 hours of modelling, 2 hours of curing and 1 hour of assembly is required. Whereas 4 hours of modelling, 2 hours of curing and 2 hours of assembly is required to produce one hundred units of Tenor. Sensitivity report of the problem is given as below where C = unit of Concert to be produced each day, S=…
establish the significance of random numbers in Monte Carlo simulations.
a chain saw requires 4 hours of assembly and wood chipper 3 hours.A maximum of 36 hours of assembly time is available.The profit is $150 on a chain saw and 220 on a chipper.How many of each should be assembled for maximum profit?
Reduces costs and their feasibility ranges are rooted in making changes in the right hand side of the constraint. Your answer: True False
A suburb of Dayton, Ohio, has four local dry cleaners that compete with each other on the basis of price and service speed. Each of them can perform the same basic services at the same level of quality. The following table provides the price that each dry cleaner charges to clean a two-piece suit, as well as the quoted number of days that the service will take. Dry Cleaner Price Number of Days A $ 8.00 3 B $ 9.50 3 C $ 9.00 2 D $ 7.50 4 Which of these dry cleaners are NOT on the efficient frontier?
SM manufacturer produces scarves. They evenly split the $600 factory rent with GM gloves manufacturers, and the raw material for each scarf costs $2. If the selling price of a pair of GM gloves is $4 and a SM scarf is $5, how many scarves should SM sell to break even?
Don't use chatgpt...
7. Maribel is considering installing ice cream stalls on Turtle Beach. The length of the beach is 5 miles long. On average, in a week, there are 1,000 subathers that come to the beach and each value an icecream at $5. Transportation costs are $2.5. Each icecream costs $0.5 to make and there are $40 as a fixed maintenance cost per stall. A )Find the optimal number of stalls for Maribel? B) What is the profit at optimal number of stalls?
Crane Corporation manufactures a single product. Monthly production costs incurred in the manufacturing process are shown below for the production of 3800 units. The utilities and maintenance are mixed costs. The fixed portions of theses costs are 430 and 270, respectively. Production In Units 3800 Production Costs Direct Materials 7904 Direct Labor 15124 Utilities 1798 Property Taxes 1180 Indirect Labor 4484 Supervisory salaries 2100 Maintenance 1182 Depreciation 2650 Calculate the expected costs when product is 5,300 units
Meritor, a company that makes muffler assemblies for the automotive industry, is committed to the use of kanban to pull material through its manufacturing cells. Meritor has designed each cell to fabricate a specific family of muffler products. Fabricating a muffler assembly involves cutting and bending pieces of pipe that are welded to a muffler and a catalytic converter. The mufflers and catalytic converters are pulled into the cell based on current demand. The catalytic converters are made in a specialized cell. Catalytic converters are made in batches of 10 units and are moved in special hand carts to the fabrication cells. The catalytic converter cell is designed so that different types of catalytic converters can be made with virtually no setup loss. Meritor hires a team of consultants. The consultants suggest a partial robotic automation as well as the safety stock to be 9 percent. Meritor implements these suggestions. The result is an increase in efficiency in both the…

Recommended textbooks for you

Practical Management Science

Operations Management

ISBN:

9781337406659

Author:

WINSTON, Wayne L.

Publisher:

Cengage,

Operations Management

ISBN:

9781259667473

Author:

William J Stevenson

Publisher:

McGraw-Hill Education

Operations and Supply Chain Management (Mcgraw-hi…

Operations Management

ISBN:

9781259666100

Author:

F. Robert Jacobs, Richard B Chase

Publisher:

McGraw-Hill Education

Practical Management Science

Operations Management

ISBN:

9781337406659

Author:

WINSTON, Wayne L.

Publisher:

Cengage,

Operations Management

ISBN:

9781259667473

Author:

William J Stevenson

Publisher:

McGraw-Hill Education

Operations and Supply Chain Management (Mcgraw-hi…

Operations Management

ISBN:

9781259666100

Author:

F. Robert Jacobs, Richard B Chase

Publisher:

McGraw-Hill Education

Business in Action

Operations Management

ISBN:

9780135198100

Author:

BOVEE

Publisher:

PEARSON CO

Purchasing and Supply Chain Management

Operations Management

ISBN:

9781285869681

Author:

Robert M. Monczka, Robert B. Handfield, Larry C. Giunipero, James L. Patterson

Publisher:

Cengage Learning

Production and Operations Analysis, Seventh Editi…

Operations Management

ISBN:

9781478623069

Author:

Steven Nahmias, Tava Lennon Olsen

Publisher:

Waveland Press, Inc.

SEE MORE TEXTBOOKS