TJ, Inc. makes three nut mixes for sale to grocery chains located in the Southeast. The three mixes, referred to as the Regular Mix, the Deluxe Mix, and the Holiday Mix, are made by mixing different percentages of five types of nuts. In preparation for the fall season, TJ, Inc. just purchased the following shipments of nuts at the prices shown: Type of Nut Shipment Amount (pounds) Cost per Shipment ($) Almond 6,100 7,500 Brazil 7,400 7,025 Filbert 7,400 6,750 Pecan 6,000 7,100 Walnut 7,400 7,875 The Regular Mix consists of 15% almonds, 25% Brazil nuts, 25% filberts, 10% pecans, and 25% walnuts. The Deluxe Mix consists of 20% of each type of nut, and the Holiday Mix consists of 25% almonds, 15% Brazil nuts, 15% filberts, 25% pecans, and 20% walnuts.   An accountant at TJ, Inc. analyzed the cost of packaging materials, sales price per pound, and so forth, and determined that the profit contribution per pound is $1.70 for the Regular Mix, $2.05 for the Deluxe Mix, and $2.20 for the Holiday Mix. These figures do not include the cost of specific types of nuts in the different mixes because that cost can vary greatly in the commodity markets.   Customer orders already received are summarized here: Type of Mix Orders (pounds) Regular 10,000 Deluxe 3,000 Holiday 5,000 Because demand is running high, it is expected that TJ, Inc. will receive many more orders than can be satisfied. TJ, Inc. is committed to using the available nuts to maximize profit over the fall season; nuts not used will be given to a local charity. Even if it is not profitable to do so, TJ, Inc.'s president indicated that the orders already received must be satisfied. Managerial Report Perform an analysis of the TJ, Inc.'s product-mix problem, and prepare a report for the president of TJ, Inc. that summarizes your findings. Cost Per Pound of the Nuts Included a. Determine the cost per pound of the nuts included in the Regular mix (in dollars). (Round your answer to two decimal places.) $  per pound b. Determine the cost per pound of the nuts included in the Deluxe mix (in dollars). (Round your answer to two decimal places.) $  per pound c. Determine the cost per pound of the nuts included in the Holiday mix (in dollars). (Round your answer to two decimal places.) $  per pound   d. Determine the optimal product mix (in pounds). Regular lbDeluxe lbHoliday lb e. Determine the total profit contribution (in dollars). $

Q: In 2013 the top three donors of foreign aid were the United States, Great Britain, and Germany. The…

A:

Q: A regional honor society selected high school students from four cities. Fifteen percent of the…

A: Let there are total x students.  According to the question: 15% are from Arden. So 15% of x=0.15x…

Q: A few years ago, a country consumed 19,300,000 barrels of oil per day. That same year, there were…

A: Given: Barrels of oil consumed by country per day approximately is 19,000,000 Number of households…

Q: If each order had an average value of 50, how many total interaction (across all type) would get…

A: Given" Average = 50 pounds

Q: store buyer purchased 6 2/5 dozen white T-shirts and 3 1/2 dozen colored T-shirts. What percent of…

A: A store buyer purchased 6 2/5 dozen white T-shirts and 3 1/2 dozen colored T-shirts.  What percent…

Q: A car dealership has 24 sedans and 18 sports coupes on its lot. What is the ratio of sedans to…

A:

Q: Justin Taylor has group health insurance and pays 85% of the premium spread evenly over 26 pay…

A: Topic = Algebra  Correct answer = D

Q: A 60-gallon bathtub is to be filled with water that is exactly 120°F. Unfortunately, the two sources…

A:

Q: og Buns $5.39     Heavy Duty Paper Plates $2.39     Bounty Napkins $1.69     Bush’s Best Honey…

A: Introduction: The word "percentage" was derived from the Latin word "per centum," which means "by…

Q: 229 total bricks: 96 dark stone grey, 32 33 bright yellow, and 31 bright orange. aims that 40% of…

A: Given information:Denote the proportion of dark stone grey, bright red, bright blue, bright yellow,…

Q: A study found that the average home price for 14 houses in one community was $285,000.  Two more…

A: We need to find new average price.

Q: A gift shop had overhead expenses totalling ​$2,779 during the month of July. The business recorded…

A: Overhead rate is calculated by the total amount of  sales by total overhead for each department of…

Q: Last year’s freshman class at Big State University totaled 5,324 students. Of those, 1,253 received…

A:

Q: B. George takes his friend Chloe to "Old Guts And Glory"- a popular restaurant chain. The specialty…

A: a) Here, the total number of customers who got sick after LB is 5,236 and the total number of food…

Q: Over the period of a month, you trap and tag 15 deer in a forest, and mark them with tags. You set…

A: From the stated information, it is interpreted that: Initially tagged no. of deer = 15. No. of…

Q: Richardson Ski Racing (RSR) sells equipment needed for downhill ski racing. One of RSR's products is…

A:

Q: A bakery sells 20 pies, 30 cakes, and 35 muffins on Saturday. The bakery sells 10 pies, 18 cakes and…

A:

Q: Last year's freshman class at Big State University totaled 5,348 students. Of those, 1,263 received…

A:

Q: The Nutty Professor sells cashews for $7.30 per pound and Brazil nuts for $4.50 per pound. How much…

A:

Q: Vista Corp. produces landscaping tools. Budgeted sales for October are 10,900 units. Beginning…

A:

Q: Randi went to Lowe's to buy wall-to-wall carpeting. She needs 111.13 square yards for downstairs,…

A:

Q: Last year’s freshman class at Big State University totaled 5,321 students. Of those, 1,254 received…

A:

Q: We started with five ounces of a perfume that was 95% alcohol.  We added some preservative that was…

A: Here we have to find  the  ounce of preservative  consider      x    ounce  of  prservative  has…

Critical Path Method

The critical path is the longest succession of tasks that has to be successfully completed to conclude a project entirely. The tasks involved in the sequence are called critical activities, as any task getting delayed will result in the whole project getting delayed. To determine the time duration of a project, the critical path has to be identified. The critical path method or CPM is used by project managers to evaluate the least amount of time required to finish each task with the least amount of delay. 

Cost Analysis

The entire idea of cost of production or definition of production cost is applied corresponding or we can say that it is related to investment or money cost. Money cost or investment refers to any money expenditure which the firm or supplier or producer undertakes in purchasing or hiring factor of production or factor services. 

Inventory Management

Inventory management is the process or system of handling all the goods that an organization owns. In simpler terms, inventory management deals with how a company orders, stores, and uses its goods.

Project Management

Project Management is all about management and optimum utilization of the resources in the best possible manner to develop the software as per the requirement of the client. Here the Project refers to the development of software to meet the end objective of the client by providing the required product or service within a specified Period of time and ensuring high quality. This can be done by managing all the available resources. In short, it can be defined as an application of knowledge, skills, tools, and techniques to meet the objective of the Project. It is the duty of a Project Manager to achieve the objective of the Project as per the specifications given by the client.