Ram Roy's firm has developed the following supply, demand, cost, and inventory data.
Ram Roy's firm has developed the following supply, demand, cost, and inventory data.
Homework Answers
The total cost = 20 x $ 100 + 30 x $ 104 + 15 x $ 164 + 10 x $ 204 + 30 x $ 108 + 15 x $ 168
Using the transportation method, the total cost is $ 15,380
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Ram Roy's firm has developed the following supply, demand, cost, and inventory data.
Ram Roy's firm has developed the following supply, demand,cost, and inventory data.
Ram Roy's firm has developed the following supply, demand, cost, and inventory data. Supply AvailablePeriodRegular TimeOvertimeSubcontractDemand Forecast130151040230151050330151045Initial inventory20unitsRegular-time cost per unit$100Overtime cost per unit$150Subcontract cost per unit$250Carrying cost per unit per month$4Assume that the initial inventory has no holding cost in the first period and backorders are not permitted.Allocating production capacity to meet demand at a minimum cost using the transportation method, the total cost is ____(enter your response as a whole number).
Ram Roy's firm has developed the following supply, demand,cost, and inventory data
Ram Roy's firm has developed the following supply, demand, cost, and inventory data. Supply AvailablePeriodRegular TimeOvertimeSubcontractDemand Forecast140155402301556034015555Initial inventory20unitsRegular-time cost per unit$100Overtime cost per unit$160Subcontract cost per unit$250Carrying cost per unit per month$4Assume that the initial inventory has no holding cost in the first period and backorders are not permitted.Allocating production capacity to meet demand at a minimum cost using the transportation method, the total cost is$nothing(enter your response as a whole number).
Ram Roy's firm has developed the following supply, demand, cost, and inventory data Supply Available Regular...
Ram Roy's firm has developed the following supply, demand, cost, and inventory data Supply Available Regular Time 30 30 40 Demand Period Overtime Subcontract Forecast 15 15 20 40 45 60 Initial inventory Regular-time cost per unit Overtime cost per unit Subcontract cost per unit Carrying cost per unit per month 20 units $100 $150 $200 $6 Assume that the initial inventory has no holding cost in the first period and backorders are not permitted Allocating production capacity to meet...
Ram Roy’s firm has developed the following supply, demand, cost, and inventory data.
Ram Roy’s firm has developed the following supply, demand, cost, and inventory data. Allocate production capacity to meet demand at a minimum cost using the transportation method. What is the cost? Assume that the initial inventory has no holding cost in the first period and backorders are not permitted.Initial Inventory 20 UnitsRegular Time cost per unit $100Overtime cost per unit $160Sub contract cost per unit $250Carrying cost per unit per month $6Supply TablePeriodRegular TimeOvertimeSubcontractDemand Forecast130155402301554534015555
Ram Roys Firm
Ram Roy's firm has developed the following supply, demand, cost, and inventory data. Supply AvailablePeriodRegular TimeOvertimeSubcontractDemand Forecast130151040235151055330201050Initial inventory20 unitsRegular-time cost per unit$100Overtime cost per unit$160Subcontract cost per unit$200Carrying cost per unit per month$2Assume that the initial inventory has no holding cost in the first period and backorders are not permitted.Allocating production capacity to meet demand at a minimum cost using the transportation method, the total cost is $enter your response here (enter your response as a whole number).
The market demand is D=1900-20p, and the market supply is S=1000+10p. 1. A firm has cost...
The market demand is D=1900-20p, and the market supply is S=1000+10p. 1. A firm has cost function C = q2+100. How many outputs the firm should produce? What is the firm’s profit?(Hint: Setting supply equals to demand, we can get the market price) 2. If the market price is $10, how many outputs the firm should produce? What is the firm’s profit? 3. If the market price is $10, should the firm shut down in the short run?(Hint, comparing the...
11.7. A monopolist operates with the following data on cost and demand. It has a total...
11.7. A monopolist operates with the following data on cost and demand. It has a total fixed cost of $1,400 and a total variable cost of Q”, where Q is the number of units of output it produces. The firm's demand curve is P= $120 - 20. The size of its sunk cost is $600. The firm expects the conditions of demand and cost to continue in the foreseeable future. a) What is the firm's profit if it operates and...
inch center crack has developed in the ram of a stamping press. Assuming that the same...
inch center crack has developed in the ram of a stamping press. Assuming that the same 3. (6 points) A 0.2-inch center crack has developed ed every time the press is operated, what is the force being applied at each cycle if the force is applied every time the press is ope crack growth rate is 9 x 10- inches per cycle? Assume C = I x 10-, n = 4, Aa= 0.01 inches, cross sectional area of ram =...
Problem 1: Perez Animal Feeds has developed the following data for lower-of-cost-or-market valuation for its inventory...
Problem 1: Perez Animal Feeds has developed the following data for lower-of-cost-or-market valuation for its inventory products: Cost Market $400,000 875.000 $380,000 920,000 Large Animals: Cattle Horse Small Animals: Cat Dog Ferret 550.000 90,000 280,000 700,000 165,000 245,000 Required: Determine the amount of inventory to appear in the balance sheet assuming LCM applied to: 1. Individual item approach 2. Group by group approach 3. Total inventory approach. Problem 2: The accounting records of Redman Sporting Goods Inc., a wholesaler of...
Problem 1: Perez Animal Feeds has developed the following data for lower-of-cost-or-market valuation for its inventory...
Problem 1: Perez Animal Feeds has developed the following data for lower-of-cost-or-market valuation for its inventory products: Cost Market $400,000 875.000 $380,000 920,000 Large Animals: Cattle Horse Small Animals: Cat Dog Ferret 550.000 90,000 280,000 700,000 165,000 245,000 Required: Determine the amount of inventory to appear in the balance sheet assuming LCM applied to: 1. Individual item approach 2. Group by group approach 3. Total inventory approach. Problem 2: The accounting records of Redman Sporting Goods Inc., a wholesaler of...
Ram Roy's firm has developed the following supply, demand, cost, and inventory data Supply Available Regular Time 30 30 40 Demand Period Overtime Subcontract Forecast 15 15 20 40 45 60 Initial inventory Regular-time cost per unit Overtime cost per unit Subcontract cost per unit Carrying cost per unit per month 20 units $100 $150 $200 $6 Assume that the initial inventory has no holding cost in the first period and backorders are not permitted Allocating production capacity to meet...
11.7. A monopolist operates with the following data on cost and demand. It has a total fixed cost of $1,400 and a total variable cost of Q”, where Q is the number of units of output it produces. The firm's demand curve is P= $120 - 20. The size of its sunk cost is $600. The firm expects the conditions of demand and cost to continue in the foreseeable future. a) What is the firm's profit if it operates and...
inch center crack has developed in the ram of a stamping press. Assuming that the same 3. (6 points) A 0.2-inch center crack has developed ed every time the press is operated, what is the force being applied at each cycle if the force is applied every time the press is ope crack growth rate is 9 x 10- inches per cycle? Assume C = I x 10-, n = 4, Aa= 0.01 inches, cross sectional area of ram =...
Problem 1: Perez Animal Feeds has developed the following data for lower-of-cost-or-market valuation for its inventory products: Cost Market $400,000 875.000 $380,000 920,000 Large Animals: Cattle Horse Small Animals: Cat Dog Ferret 550.000 90,000 280,000 700,000 165,000 245,000 Required: Determine the amount of inventory to appear in the balance sheet assuming LCM applied to: 1. Individual item approach 2. Group by group approach 3. Total inventory approach. Problem 2: The accounting records of Redman Sporting Goods Inc., a wholesaler of...
Problem 1: Perez Animal Feeds has developed the following data for lower-of-cost-or-market valuation for its inventory products: Cost Market $400,000 875.000 $380,000 920,000 Large Animals: Cattle Horse Small Animals: Cat Dog Ferret 550.000 90,000 280,000 700,000 165,000 245,000 Required: Determine the amount of inventory to appear in the balance sheet assuming LCM applied to: 1. Individual item approach 2. Group by group approach 3. Total inventory approach. Problem 2: The accounting records of Redman Sporting Goods Inc., a wholesaler of...
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