V. We are producing and selling 2 different types of goods coded as A and B. Production instruments are similar and may be used in the production of both. Market information of the period are given below. Compute the sale mix in order to maximize the periodical profit. (DMH = Direct Machinery Hours) Unit Sale Price PRODUCT A 30 Unit Variable Costs 18 Time Span for Production of 1 Unit 3 DMH Maximum Demand in Period 100.000 Pieces Periodical Fixed Costs Periodical Capacity PRODUCT B 20 12 1 DMH 350.000$ 150.000 DMH 100.000 Pieces

V. We are producing and selling 2 different types of goods coded as A and B. Production instruments are similar and may be used in the production of both. Market information of the period are given below. Compute the sale mix in order to maximize the periodical profit. (DMH = Direct Machinery Hours) Unit Sale Price PRODUCT A 30 Unit Variable Costs 18 Time Span for Production of 1 Unit 3 DMH Maximum Demand in Period 100.000 Pieces Periodical Fixed Costs Periodical Capacity PRODUCT B 20 12 1 DMH 350.000$ 150.000 DMH 100.000 Pieces

Essentials of Business Analytics (MindTap Course List)

2nd Edition

ISBN:9781305627734

Author:Jeffrey D. Camm, James J. Cochran, Michael J. Fry, Jeffrey W. Ohlmann, David R. Anderson

Publisher:Jeffrey D. Camm, James J. Cochran, Michael J. Fry, Jeffrey W. Ohlmann, David R. Anderson

Chapter13: Nonlinear Optimization Models

Section: Chapter Questions

Problem 4P: The profit function for two products is: Profit3x12+42x13x22+48x2+700, where x1 represents units of...

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If Actual sales are OMR 490000, Total Fixed costs OMR 135000, Selling price per unit OMR 50, and Variable cost per unit OMR 35, which of the following shows Margin of Safety (MS) as amount and as percentage (on sales)? Select one: a. MS=40000 and MS (%)=8.16 b. MS=60000 and MS (%)=15.15 c. MS=72000 and MS (%)=16.42 d. MS=40000 and MS (%)=8.89
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