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1. A company produces two products, A and B. The unit revenues...
Can i have the complete solution for this? if needed using excel solver and the explanaition....
Can i have the complete solution for this?
if needed using excel solver and the explanaition.
thank you!!!
1. A company manufactures two products, A and B. The unit revenues are $2 and $3, respectively. Two raw materials, M1 and M2, used in the manufacture of the two products have daily availabilities of 8 and 18 units, respectively. One unit of A uses 2 units of M1 and Aunits of M2, and 1 unit of B uses@ units of M1...
Problem 4: Sensitivity Analysis (Total 25 points) Consider the following linear program. Solve using the graphical...
Problem 4: Sensitivity Analysis (Total 25 points) Consider the following linear program. Solve using the graphical method. A company manufactures two products, A and B. The unit revenues are $5 and $8, respectively. Two raw materials, M1 and M2 are used. The supply of M1 and M2 are 4 and 12 units, respectively. Maximize z= 5x1 + 8x2 Subject to M1 2x1 + x2 <4 3x1 + 6x2 < 12 X1, x2 > 0 M2 a) Changes in Constraint RHS...
A company that manufactures the products, and closing three machines M1, M2, and wants to determine...
A company that manufactures the products, and closing three machines M1, M2, and wants to determine the optimal production schedule that maximizes the total profic Product A has to be processed by machines M1, M2, and Ms product requires M1 and M3, while product requires M1 and M2. The unit profits on the three products are 36, 36, and S7, respectively. The following linear program is formulated to determine the optimal product mix Maxme st ZH66x + 7x x +...
1. The Ramapo Company produces two products, Blinks and Dinks. They are manufactured in two departments,...
1. The Ramapo Company produces two products, Blinks and Dinks. They are manufactured in two departments, Fabrication and Assembly. Data for the products and departments are listed below. Product Number of units Labor hours per unit Machine hours per unit Blinks 1,000 4 5 Dinks 2,000 2 8 All of the machine hours take place in the Fabrication department, which has an estimated overhead of $84,000. All of the labor hours take place in the Assembly department, which has an...
Fogerty Company makes two products-titanium Hubs and Sprockets. Data regarding the two products follow: Direct Labor-...
Fogerty Company makes two products-titanium Hubs and Sprockets. Data regarding the two products follow: Direct Labor- Hours per Annua Unit Productiorn Hubs Sprockets 0.50 24,000 units 0.10 49,000 units Additional information about the company follows: a. Hubs require $28 in direct materials per unit, and Sprockets require $10. b. The direct labor wage rate is $16 per hour. c. Hubs require special equipment and are more complex to manufacture than Sprockets. d. The ABC system has the following activity cost...
A company that manufactures three products, A. & and using three machines, M1, M2, and M3,...
A company that manufactures three products, A. & and using three machines, M1, M2, and M3, wants to determine the optimal production schedule the maximizes the total profit. Product A has to be processed by machines M1, M2, and M3, product B requires M1 and M3, while product requires M1 and M2. The unit profits on the three products are $5,54 and 56, respectively. The following linear program is formulated to determine the optimal product mic Maximize S. Z-5x -...
Company manufactures two products. Information about the two products is as follows: Product A Product B...
Company manufactures two products. Information about the two products is as follows: Product A Product B $80 $30 Selling sales price per unit Variable Costs per unit $45 $15 The company expects fixed costs to be $189,000. The firm expects 60% of its sales (in units) to be Product A A. Determine the break-even point in units for Products A and B B. Determine the level of sales (in dollars) necessary to generate opening income of $155,000
Walnut Systems produces two different products, Product A, which sells for $220 per unit, and Product...
Walnut Systems produces two different products, Product A, which sells for $220 per unit, and Product B, which sells for $280 per unit, using three different activities: Design, which uses Engineering Hours as an activity driver; Machining, which uses machine hours as an activity driver; and Inspection, which uses number of batches as an activity driver. The cost of each activity and usage of the activity drivers are as follows: Cost Usage by Product A Usage by Product B Design...
Two finished products, [A & B], are sold for $16 a unit and $24 a unit,...
Two finished products, [A & B], are sold for $16 a unit and $24 a unit, respectively. Each product can also be sold at the split off point. Product A can be sold for $10 and Product B for $8. Joint costs for the two products totalled $8,000 for January for 600 units of A and 500 units of B. QUESTION: What are the respective joint costs assigned to each unit of products A and B if the sales value...
Wild West produces two types of cowboy hats. A Type 1 requires twice as much labor...
Wild West produces two types of cowboy hats. A Type 1 requires twice as much labor time as a Type 2. If all the available labor time is dedicated to Type 2 alone, the company can produce a total of 400 Type 2 hats a day. The respective market limits for the two types are 150 and 200 hats per year. The revenue is $8 per Type 1 hat and $5 per Type 2 hat. a) Determine the number of...
Can i have the complete solution for this?
if needed using excel solver and the explanaition.
thank you!!!
1. A company manufactures two products, A and B. The unit revenues are $2 and $3, respectively. Two raw materials, M1 and M2, used in the manufacture of the two products have daily availabilities of 8 and 18 units, respectively. One unit of A uses 2 units of M1 and Aunits of M2, and 1 unit of B uses@ units of M1...
Problem 4: Sensitivity Analysis (Total 25 points) Consider the following linear program. Solve using the graphical method. A company manufactures two products, A and B. The unit revenues are $5 and $8, respectively. Two raw materials, M1 and M2 are used. The supply of M1 and M2 are 4 and 12 units, respectively. Maximize z= 5x1 + 8x2 Subject to M1 2x1 + x2 <4 3x1 + 6x2 < 12 X1, x2 > 0 M2 a) Changes in Constraint RHS...
A company that manufactures the products, and closing three machines M1, M2, and wants to determine the optimal production schedule that maximizes the total profic Product A has to be processed by machines M1, M2, and Ms product requires M1 and M3, while product requires M1 and M2. The unit profits on the three products are 36, 36, and S7, respectively. The following linear program is formulated to determine the optimal product mix Maxme st ZH66x + 7x x +...
Fogerty Company makes two products-titanium Hubs and Sprockets. Data regarding the two products follow: Direct Labor- Hours per Annua Unit Productiorn Hubs Sprockets 0.50 24,000 units 0.10 49,000 units Additional information about the company follows: a. Hubs require $28 in direct materials per unit, and Sprockets require $10. b. The direct labor wage rate is $16 per hour. c. Hubs require special equipment and are more complex to manufacture than Sprockets. d. The ABC system has the following activity cost...
A company that manufactures three products, A. & and using three machines, M1, M2, and M3, wants to determine the optimal production schedule the maximizes the total profit. Product A has to be processed by machines M1, M2, and M3, product B requires M1 and M3, while product requires M1 and M2. The unit profits on the three products are $5,54 and 56, respectively. The following linear program is formulated to determine the optimal product mic Maximize S. Z-5x -...
Company manufactures two products. Information about the two products is as follows: Product A Product B $80 $30 Selling sales price per unit Variable Costs per unit $45 $15 The company expects fixed costs to be $189,000. The firm expects 60% of its sales (in units) to be Product A A. Determine the break-even point in units for Products A and B B. Determine the level of sales (in dollars) necessary to generate opening income of $155,000
Wild West produces two types of cowboy hats. A Type 1 requires twice as much labor time as a Type 2. If all the available labor time is dedicated to Type 2 alone, the company can produce a total of 400 Type 2 hats a day. The respective market limits for the two types are 150 and 200 hats per year. The revenue is $8 per Type 1 hat and $5 per Type 2 hat. a) Determine the number of...
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