A manufacturing company makes two types of water skis, a trick ski and a slalom ski. The relevant manufacturing dataare given in the table.Labor-Hours per SkiDepartmentFabricatingFinishingAnswer parts (A), (B), and (C) below.Trick Ski121Slalom Ski81Maximum Labor-HoursAvailable per Day48048(A) If the profit on a trick ski is $40 and the profit on a slalom ski is $30, how many of each type of ski should bemanufactured each day to realize a maximum profit? What is the maximum profit?The maximum profit is $ The maximum occurs when trick skis andslalom skis are produced.

This question deals with product mix decision with multiple bottleneck situation.Bottle neck refers…

Answered: The maximum profit is $ The maximum…

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

A Southern Georgia school district is considering ordering 57 propane-fueled school buses. "They're healthier, they're cleaner burning, and they're much quieter than the diesel option," said a school administrator. Propane-powered buses also reduce greenhouse gasses by 24% compared to gasoline-powered buses and 7% compared to diesel ones. But they come at a premium—$105,000 for a propane model, $10,000 more than the diesel equivalent. The propane bus operating cost (above and beyond fuel cost) is 35 cents/mile, compared to 45 cents for the diesel. Diesel fuel costs about $4/gallon in Georgia, about $1 more than propane. Bus mileage is 9 mpg for the propane model vs. 8 mpg for diesel. The life of a school bus in the district averages 11 years, and each bus travels an average of 37,000 miles per year because the district is so large and rural. Which bus is the better choice based on a life-cycle analysis? Calculate the fuel cost for the propane-fueled bus. Use…
Based on available information, lead time demand for PC jump drives averages 50 units (normally distributed), with a standard deviation of 5 drives. Management wants a 98% service level. Refer to the standard normal table for z-values. Part 2 a) What value of Z should be applied? ▼ 1.28? 2.06? 1.04? or 1.65? Part 3 b) How many drives should be carried as safety stock? ___________ units (round your response to the nearest whole number). Part 4 c) What is the appropriate reorder point? _________ units (round your response to the nearest whole number).
Your cost for Tito's vodka is $1.06 per ounce, Your Soda Water is $0.03 per Ounce The cups you serve a vodka soda in are 8 oz Find the beverage cost and the beverage cost percent of your drinks with 1, 1.5 and 2 oz of vodka
The Lo-Jack recovery system allows the police to track stolen cars. As a result, they not only recover 90% of Lo-Jack-equipped cars that are stolen but also arrest many auto thieves and shut down many "chop shops" that take apart stolen vehicles to get at their used parts. Thus Lo-Jack provides both private benefits and positive externalities. Should the government consider subsidizing Lo-Jack purchases?
One of the items you and your MBA buddie produce in your new business is sambocade cheesecake wild cherry based on an ancient recipe. One of the ingredients, we will call it açúcar, is the major component in the mixture. The demand for this item is very stable at 120 bags a day. However, the delivery lead times vary and has an average of 8 days and a standard deviation of two days. Tina, your other MBA buddie, suggested a 95% (Z = 1.65) service level for this product. What would be the appropriate reorder point for this item? 2,160 1,356 1,044 1,060 960 396 Not possible to calculate o o o o o
Needed to be solved correclty in 30 minutes and get the thumbs up please show neat and clean work please provide correct solution
Widgets cost $20/unit to produce and are sold at 40$/unit. The firm has fixed operating costs of $60,000. If the fixed operating costs are increased 15%, then what percentage increase in sales revenue is required to break-even?
Al's Donuts produces about 600 dozen doughnuts daily. If flour prices increase 20 percent
Internal control problems in the revenue cycle
What is the break-even in units? Assume: Fixed Costs = $10,000, Sales Price = $15, Variable costs/unit = $6
five general risks involved in the revenue cycle of any business. Further, indicate the physical and IT control against each risk
Develop a measure of risk to go along with the ordering policy. This measure should be quantifiable.

SEE MORE QUESTIONS

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

The maximum profit is $ The maximum occurs when trick skis and slalom skis are produced.