Introduction to Management Science (12th Edition)
12th Edition
ISBN: 9780133778847
Author: Bernard W. Taylor III
Publisher: PEARSON
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Chapter 6, Problem 30P
Summary Introduction
To determine: The optimal production
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IM.54 A growing online retailer sells thousands of items yet has has one specialty product category with just 30 items. They want to classify these thirty items according to the annual dollar volume (revenue) generated by each item. The table below lists each item number, Annual Sales (in units), and Price per unit:
Item #
Annual Sales
Price
1
221
$25.85
2
446
$14.15
3
8,940
$168.19
4
2,965
$15.99
5
1,322
$29.37
6
2,575
$12.77
7
767
$28.43
8
5,803
$163.01
9
2,673
$20.51
10
642
$14.71
11
4,168
$54.53
12
1,881
$22.55
13
2,417
$29.63
14
5,207
$36.41
15
1,381
$20.55
16
9,635
$173.69
17
17,406
$27.07
18
1,573
$25.99
19
6,471
$64.99
20
6,047
$29.83
21
433
$20.89
22
2,279
$53.59
23
15,532
$106.91
24
1,585
$4.09
25
5,376
$65.23
26
2,965
$37.93
27
2,048
$28.51
28
1,174
$22.99
29
381
$5.57
30
2,930
$3.43
Which item in the table above has the highest annual dollar volume? In the answer field below, write the ITEM # that…
Chapter 6 Solutions
Introduction to Management Science (12th Edition)
Ch. 6 - Prob. 1PCh. 6 - Prob. 2PCh. 6 - Prob. 3PCh. 6 - Prob. 4PCh. 6 - Prob. 5PCh. 6 - Prob. 6PCh. 6 - Prob. 7PCh. 6 - Prob. 8PCh. 6 - Prob. 9PCh. 6 - Prob. 10P
Ch. 6 - Prob. 11PCh. 6 - Prob. 12PCh. 6 - Prob. 13PCh. 6 - Prob. 14PCh. 6 - Prob. 15PCh. 6 - Prob. 16PCh. 6 - Prob. 17PCh. 6 - Prob. 18PCh. 6 - Prob. 19PCh. 6 - Prob. 20PCh. 6 - Prob. 21PCh. 6 - Prob. 22PCh. 6 - Prob. 23PCh. 6 - Prob. 24PCh. 6 - Prob. 25PCh. 6 - Prob. 26PCh. 6 - Prob. 27PCh. 6 - Prob. 28PCh. 6 - Prob. 29PCh. 6 - Prob. 30PCh. 6 - Prob. 31PCh. 6 - Prob. 32PCh. 6 - Prob. 33PCh. 6 - Prob. 34PCh. 6 - Prob. 35PCh. 6 - Prob. 36PCh. 6 - Prob. 37PCh. 6 - Prob. 38PCh. 6 - Prob. 39PCh. 6 - Prob. 40PCh. 6 - Prob. 41PCh. 6 - Prob. 42PCh. 6 - Prob. 43PCh. 6 - Prob. 44PCh. 6 - Prob. 45PCh. 6 - Prob. 46PCh. 6 - Prob. 47PCh. 6 - Prob. 48PCh. 6 - Prob. 49PCh. 6 - Prob. 50PCh. 6 - A shop has four machinists to be assigned to four...Ch. 6 - Prob. 52PCh. 6 - Prob. 53PCh. 6 - Prob. 54PCh. 6 - Prob. 55PCh. 6 - Prob. 56PCh. 6 - Prob. 57PCh. 6 - Prob. 58PCh. 6 - Prob. 59PCh. 6 - Prob. 60PCh. 6 - Prob. 61PCh. 6 - Prob. 62PCh. 6 - Prob. 63PCh. 6 - Prob. 64PCh. 6 - Prob. 65PCh. 6 - Prob. 66PCh. 6 - Prob. 68PCh. 6 - Prob. 69PCh. 6 - Prob. 70PCh. 6 - Prob. 1.1CPCh. 6 - Prob. 2.1CPCh. 6 - Prob. 3.1CPCh. 6 - Prob. 4.1CPCh. 6 - Prob. 6.1CPCh. 6 - Prob. 6.2CPCh. 6 - Prob. 8.1CP
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