MyLab Operations Management with Pearson eText -- Access Card -- for Operations Management: Processes and Supply Chains
11th Edition
ISBN: 9780133885583
Author: Lee J. Krajewski, Manoj K. Malhotra, Larry P. Ritzman
Publisher: PEARSON
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Chapter D, Problem 7P
A
Summary Introduction
Interpretation: The combination of courses that minimize the total cost of books is to be proposed.
Concept Introduction: A business student requires completing 65 courses to attain graduation. While the business courses should be greater than or equal to 23, the non-business should be greater than or equal to 20. While an average business course needs a textbook that costs $60 and 120 hours of study; the non-business courses require a textbook that costs $24 and 200 hours of study.
B
Summary Introduction
Interpretation: The surplus or stock variables, based on the given data should e determined.
Concept Introduction: A business student requires completing 65 courses to attain graduation. While the business courses should be greater than or equal to 23, the non-business should be greater than or equal to 20. While an average business course needs a textbook that costs $60 and 120 hours of study; the non-business courses require a textbook that costs $24 and 200 hours of study.
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eastman publishing company is considering publishing an electronic textbook on spreadsheet application for business. The fixed cost of manuscript preparation, textbook, design, and web site construction is estimated to be $160,000. Variable processing costs are estimated to be $6 per book. The publisher plans to sell access to the book for $46 each.
a. build a spreadsheet model to calculate the profit/loss for a given demand. What profit can be anticipated with a demand of 3500 copies?
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6.
A dessert shop plans to purchase a new commercial ice cream maker to replace the old one. They are deciding on two models: Model SUPER costs $3,000 for purchase and $1 in average to make one serving of ice cream. Model PRO costs $5,000 for purchase and a lower cost of $0.8 to make one serving of ice cream. The shop is selling $4 per ice cream serving in average.
What would be the monthly demand (in servings) to make Model PRO more preferred?
Select one:
a.
at least 16,000 servings
b.
no more than 10,000 servings
c.
at least 10,000 servings
d.
model PRO is always preferred.
e.
always no preference.
Chapter D Solutions
MyLab Operations Management with Pearson eText -- Access Card -- for Operations Management: Processes and Supply Chains
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