Your Lego furniture company makes Tables and Chairs. Below, you are given the starting inventory, selling price, and Bill of Materials (recipe, or construction requirements). You are to determine the number of Tables and Chairs to be built to maximize revenue.
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- You work for the Brad's Nailer Company which manufactures two types of nailers: a pneumatic model and a cordless model. You have contracted to supply a national retail chain with both pneumatic nailers and cordless nailers. However, Brad's nailer production capability is limited in three departments: production, testing, and packaging. Your answer will be the production hours needed to execute a production plan that minimizes costs - rounded to the nearest whole hour. (The number of nailers may not be a whole number, which is acceptable in this chapter.) Use Scenario 2 Pneum. Cost Pneum. Prod Hrs Pneum. Test Hrs Pneum. Pkg Hrs Pneum. Sales Cordless Cost Cordless Prod Hrs Cordless Test Hrs Cordless Pkg Hrs Cordless Sales Prod Hrs max Testing Hrs max Pkg Hrs max Scenario 1 Scenario 2 Scenario 3 52 0.2 0.3 0.1 22,000 67 0.3 0.4 0.1 15,500 10,000 15,000 4,800 55.50 0.4 0.3 0.1 24,500 69.75 0.3 0.5 0.1 15,500 20,000 18,000 4,200 38.50 0.25 0.4 0.1 18,000 44 0.4 0.4 0.2 14,000 20,000 18,000…Fitness Express sells three different types of elliptical machines. They have manufactured 50 of each machine for a special sale. The store already ha orders for 46 of machine A and 16 of machine B. Use the following information to determine how many of machine C the store needs to sell to break even? Show your work on a separate sheet of paper. Manufacturing Cost $105.00 $140.00 $175.00 Elliptical Machine Machine A Machine B Machine C Total costs of all machines: $ Total revenue: $ Number of machine Cs to sell to break even: Retail Cost $250.00 $305.00 $420.00Backorders: A company is working on its quarterly aggregate production plan. Its quarter forecasts are 6000, 1000, 2500 and 2000, respectively. Suppose that it will use a level plan with backorders (one that produces at the average demand over the four quarters). What is the ending inventory in Quarter 3? (Do not round your intermediate calculations. Round your final answer to the nearest whole number. Only enter the number. Do not enter any units.)
- Meat required per sausage (in Ibs) Retail Painting type Beef Pork Chicken Bison Price Bratwurst 0.3 0.1 0.3 0.2 $3.50 Sweet Italian Hot Italian 0.5 0.1 0.2 0.2 $5.50 0.4 0.3 0.4 0.4 $5.00 Kielbasa 0.6 0.3 0.3 0.4 $6.50 1) The manufacturer only has 10lbs of cach type of meat left and wants to maximize the number of sausages produced. What is the maximum number of sausages that can be produce? 2) Write down the LP profit maximizing problem agyuming the price for beef is $3.00 per pound, Pork and chicken is $2.00 per pound, and Bison is $4.00 per Ibs. 3) Solve the LP problem using solver and run the sensativity report 4) What is the maximum amount the coefficient on Hot Italian Sausages can change before the Solution no longer holds? 5) Which constraints have slack (or surplusses) associated with them?It is summertime and your winter coat factory is trying to decide its production schedule and staffing level for the next season. You are forecasting a demand of 5000 coats in October, 8000 coats in November, 8000 coats in December, 12000 coats in January, 12000 coats in February, and 9000 coats in March. You want to manufacture these coats at the lowest cost possible/ The first decision you need to make is how many people to hire. Each employee will cost $2500 a month. You don’t want to hire or fire any employees mid-season in order to minimize disruptions in your factory floor. You can have employees idle if there isn’t sufficient work for them to do. Employees still need to be paid even if they are idle. An employee works 20 business days a month and takes half a day to produce one coat. The employees can also be asked to work overtime, in which case you need to pay them $70 per coat they produce. You don’t need to assume there is any capacity constraint on the number of overtime…A chef must decide how many chocolate lava cakes to prepare for the upcoming Mother's Day Dinner special. The chef can either prepare 50, 100, or 150 lava cakes. Assume that demand for the lava cakes can be 50, 100, or 150. Each dish costs $5 to make and is priced at for $7 on the menu. Unsold cakes are donated to a nearby charity center. Assume that there is no opportunity cost for lost sales. Which alternative should be chosen based on the maximax criterion?
- LPM Corp. produces and sells two types of frozen burgers, Turkey Burgers and Veggie Burgers. In the most recent month, the firm sold 12,000 Turkey Burgers and 8,000 Veggie Burgers. Turkey Burgers sold for $14.00 per box and variable costs were $7.40 per box. The Veggie Burgers sold for $16.00 per box and variable costs were $8.25 per box. The fixed expenses of the entire company were $41,160. If the sales mix were to shift toward the Turkey Burgers product line with total sales volume remaining constant at 20,000, the overall break-even point for the entire company:Jack and Jill are starting a restaurant together. They want everyone at the restaurant to have a uniform look. Jack suggests they order black-and-pink outfits for everyone since the color scheme matches their branding. Jill suggests they simply ask everyone to wear black for work since everyone should own black pants and tops. Whose reasoning is more effectual? Jack's or Jill's typed answer correctly please. I ll rateJasmine owns 12 apartment buildings in a college town, which it rents exclusively to students. Each apartment building contains 120 rental units, but the owner is having cash flow problems due to an average vacancy rate of nearly 50 percent. The apartments in each building have comparable floor plans, but some buildings are closer to campus than others. Jasmine’s accumulated data from last year on the number of apartments rented, the rental price (in dollars), and the amount spent on advertising (in hundreds of dollars) at each of the 12 apartments are available below. These data, along with the distance (in miles) from each apartment building to campus, are presented below. Jasmine is looking for expert advice on the available data to inform administrative and business policy. By applying this scenario, help her regress the quantity demanded of her apartments on price, advertising, and distance datasets by using Excel or SPSS. Observation or (Number of Apartments) Quantity…