# WK Qu. 7-14 A Manufacturer Produces Both Widgets and GadgetsA manufacturer produces both widgets and gadgets. Widgets generate a profit of $45 each and gadgets have a profit margin of $55 each. To produce each item, a setup cost is incurred. This setup cost is $300 for widgets and $600 for gadgets. Widgets consume 4 units of raw material A and 7 units of raw material B. Gadgets consume 6 units of raw material A and 2 units of raw material B. Each day, the manufacturer has 400 units of each raw material available. Assume that it is possible to produce fractional quantities of widgets and gadgets.Set up the problem in Excel and find the optimal solution.a. The manufacturer [produces] [widgets] and [gadgets].(Leave no cells blank — be certain to enter "0" wherever required. Round your answers to 2 decimal places.)b. The manufacturer will produce [widgets] and [gadgets].(Round your answer to 2 decimal places.)c. The manufacturer’s profit will be [profit].

Decision variable: Suppose-W = No. of widgets to be manufacturedG = No. of gadgets to be…

Answered: WK Qu. 7-14 A manufacturer produces…

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

Consider the production function Y = z.F(K,L, A) where Y is output, z is technology, K is capital, Lis labour and A is the area of land. Which 3 of the following statements are correct? Select one or more: O a. Diminishing marginal products means that if K,L and A all double, output will less than double. b. The property of a diminishing marginal product of labour means that, if labour is increased while other inputs to production are held constant, output will increase, but by a decreasing amount. O c. If there are constant returns to scale this implies that individual marginal products are not diminishing. d. If marginal products are diminishing, then the marginal product of labour measured in terms of discrete changes is less than the marginal product in terms of calculus. If z increases, the average product of all inputs increases but the marginal products do not. е. O f. Holding K and A constant, if z increases the production function in terms of labour input shifts up by a…
Solve for me All please. True and false No explanation need
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…
for this table. In other words, the table of data provided does not need a composite primary key. Table 1. Parking Tickets STID LName, FName PhoneNo St Lic LicNo Ticketno Date Code Fine 38249 Brown, Thomas 111-7804 FL BRY 123 15634 09/17/17 2 $25 38249 Brown, Thomas 111-7804 FL BRY 123 16017 09/13/17 1 $15 82453 Green, Sally 391-1689 AL TRE 141 14987 09/05/17 3 $100 82453 Green, Sally 82453 391-1689 AL TRE 141 Green, Sally 391-1689 AL TRE-141 16293 17892 09/18/17 1 $15 09/13/17 2 $25 Please examine the table of data and perform the following tasks: 1. Depict the full key, partial and transitive functional dependencies in the data table using the written notation (e.g., ID →Name, Address);
Om1. Margaret is a shift supervisor for Clear Lake Boats, Inc. She has been with the company since it started manufacturing boats more than ten years ago. Margaret worked on the production line until last year, when she was promoted to supervisor. The company started out small, with only 12 employees and one shift working Monday to Friday from 8:30 a.m. to 5:00 p.m. Clear Lake Boats now has more than three hundred employees and runs three shifts a day. Every employee on each shift gets paid the same except for the supervisors, who are paid two dollars more per hour. The night shift employees get paid a dollar more per hour. There is no performance appraisal system or reward structure. After Margaret was promoted, she asked to take a “Principles of Supervision” class at a local community college to learn proper supervisory skills and coaching techniques. One of the topics discussed in her class was performance appraisals and reward systems. Although the company has grown quickly and has…
19. Solve for n, C(n, 4) = 210 Solve it accurate solve it correct complete solutions

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