The Outdoor Furniture Corporation manufactures two products, benches and picnic tables, for use in yards and...
The Outdoor Furniture Corporation manufactures two products, benches and picnic tables, for use in yards and parks. The firm has two main resources: its carpenters (labor force) and a supply of redwood for use in the furniture. During the next production cycle, 1,200 hours of labor are available under a union agreement. The firm also has a stock of 3,500 board feet of good-quality redwood. Each bench that Outdoor Furniture produces requires 4 labor hours and 10 board feet of redwood; each picnic table takes 6 labor hours and 35 board feet of redwood. Completed benches will yield a profit of $9 each, and tables will result in a profit of $20 each. How many benches and tables should Outdoor Furniture produce to obtain the largest possible profit?
**Use the graphical LP approach.
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The Outdoor Furniture Corporation manufactures two
products, benches and picnic tables, for use in yards and...
1) The Outdoor Furniture Corporation manufactures two products, benches and picnic tables, for use in yards...
1) The Outdoor Furniture Corporation manufactures two products, benches and picnic tables, for use in yards and parks. The firm has two main resources: its carpenters (labor force) and a supply of redwood for use in the furniture. During the next production cycle, 1200 hours of labor are available under a union agreement. The firm also has a stock of 3500 board feet of good-quality redwood. Each bench that Outdoor Furniture produces requires 4 labor hours and 10 board feet...
The Outdoor Furniture Corporation manufactures two products: benches and picnic tables, for use in yards and...
The Outdoor Furniture Corporation manufactures two products: benches and picnic tables, for use in yards and parks. The firm has two main resources: its carpenters (labor force) and a supply of redwood for use in the furniture. During the next production cycle, 1,200 hours of labor are available under a union agreement. The firm also has a stock of 3,500 board feet of quality redwood. Each bench that Outdoor Furniture produces requires 4 labor-hours and 10 board feet of redwood;...
Part I: Multiple Choice 1. The Bamboo Furniture Company manufactures two main products, chairs and recreational...
Part I: Multiple Choice 1. The Bamboo Furniture Company manufactures two main products, chairs and recreational tables, for use in summer homes and outdoor porched-in areas. The firm has two main resources: its carpenters (labor) and a supply of Bamboo for use in the furniture. During the next production cycle, 1,200 hours of labor are available under a union agreement. The firm also has a stock of 3,500 feet of good quality Bamboo. Each chair that Bamboo Furniture produces requires...
Formulate the LP Problem, but do NOT solve: A furniture manufacturer makes armchairs and benches. The...
Formulate the LP Problem, but do NOT solve: A furniture manufacturer makes armchairs and benches. The company has a maximum of 200 labor hours available in the Cutting Department, a maximum of 480 labor hours available in the Finishing Department, and a maximum of 150 labor hours available in the Packaging Department. Each armchair requires two hours in the Cutting Department, four hours in the Finishing Department and one hour in the Packaging Department. Each bench requires one hour in...
ables from two resources-laborat h Solve LDS TUT The Pinewood Furniture Company produces chairs and tables...
ables from two resources-laborat h Solve LDS TUT The Pinewood Furniture Company produces chairs and tables from two mnany has 80 hours of labor and 36 board-ft. of wood available each do for chairs is limited to 6 per day. Each chair requires 8 hours of labor and 2 board. whereas a table requires 10 hours of labor and 6 board-ft. of wood. The profit derived from chair is $400 and from each table, $100. The company wants to determine...
A Furniture Company produces chairs and tables from two resources- labor and wood. The company has 125 hours of labor an...
A Furniture Company produces chairs and tables from two resources- labor and wood. The company has 125 hours of labor and 45 board-ft. of wood available each day. Demand for chairs is limited to 5 per day. Each chair requires 7 hours of labor and 3.5 board-ft. of wood, whereas a table requires 14 hours of labor and 7 board-ft. of wood. The profit derived from each chair is $325 and from each table, $120. The company wants to determine...
Question Two (40 Marks): School Days Furniture, Inc., manufactures a variety of desks, chairs, tables, and...
Question Two (40 Marks): School Days Furniture, Inc., manufactures a variety of desks, chairs, tables, and shelf units which are sold to public school systems throughout the mid-west. The controller of the company's Desk Division is currently preparing a budget for the third quarter of the year. The following sales forecast has been made by the division's sales manager. July 10,000 desk-and-chair sets August 12,000 desk-and-chair sets September 15,000 desk-and-chair sets Each desk-and-chair set requires 10 board feet of pine...
ACNT-2309: Master Budgeting - Class Project: • Premium Furniture sells two models of granite-top coffee tables:...
ACNT-2309: Master Budgeting - Class Project: • Premium Furniture sells two models of granite-top coffee tables: Casual and Deluxe. Assume that FIFO is used for costing inventory There are two types of direct materials: red oak (RO) and granite slabs (GS). Direct material costs are variable with respect to units of output-coffee tables. Direct manufacturing labor workers are hired on an hourly basis; no overtime is worked There are two cost drivers for manufacturing overhead costs-direct manufacturing labor-hours and setup...
Scholastic Furniture, Inc. manufactures a variety of desks, chairs, tables, and shelf units that are sold...
Scholastic Furniture, Inc. manufactures a variety of desks,
chairs, tables, and shelf units that are sold to public school
systems throughout the Midwest. The controller of the company’s
Desk Division is currently preparing a budget for the second
quarter of the year. The following sales forecast has been made by
the division’s sales manager.
April
10,000
desk-and-chair sets
May
12,000
desk-and-chair sets
June
15,000
desk-and-chair sets
Each desk-and-chair set requires 10 board feet of pine planks
and 1.5 hours of...
32. Analyze Brady Furniture Company’s job costs Brady Furniture Company manufactures wooden oak furniture. The company...
32. Analyze Brady Furniture Company’s job costs Brady Furniture Company manufactures wooden oak furniture. The company employs a job cost system to trace manufacturing costs to jobs. Each job represents a batch of furniture of the same type. Information regarding direct materials on selected jobs throughout the year is as follows: Job No. Date Count Style Board Feet Cost per Board Foot Total Direct Materials Cost per Job Job 102 Jan. 20 20 Dining tables 400 $5.00 $2,000 Job 106...
1) The Outdoor Furniture Corporation manufactures two products, benches and picnic tables, for use in yards and parks. The firm has two main resources: its carpenters (labor force) and a supply of redwood for use in the furniture. During the next production cycle, 1200 hours of labor are available under a union agreement. The firm also has a stock of 3500 board feet of good-quality redwood. Each bench that Outdoor Furniture produces requires 4 labor hours and 10 board feet...
The Outdoor Furniture Corporation manufactures two products: benches and picnic tables, for use in yards and parks. The firm has two main resources: its carpenters (labor force) and a supply of redwood for use in the furniture. During the next production cycle, 1,200 hours of labor are available under a union agreement. The firm also has a stock of 3,500 board feet of quality redwood. Each bench that Outdoor Furniture produces requires 4 labor-hours and 10 board feet of redwood;...
Part I: Multiple Choice 1. The Bamboo Furniture Company manufactures two main products, chairs and recreational tables, for use in summer homes and outdoor porched-in areas. The firm has two main resources: its carpenters (labor) and a supply of Bamboo for use in the furniture. During the next production cycle, 1,200 hours of labor are available under a union agreement. The firm also has a stock of 3,500 feet of good quality Bamboo. Each chair that Bamboo Furniture produces requires...
Formulate the LP Problem, but do NOT solve: A furniture manufacturer makes armchairs and benches. The company has a maximum of 200 labor hours available in the Cutting Department, a maximum of 480 labor hours available in the Finishing Department, and a maximum of 150 labor hours available in the Packaging Department. Each armchair requires two hours in the Cutting Department, four hours in the Finishing Department and one hour in the Packaging Department. Each bench requires one hour in...
ables from two resources-laborat h Solve LDS TUT The Pinewood Furniture Company produces chairs and tables from two mnany has 80 hours of labor and 36 board-ft. of wood available each do for chairs is limited to 6 per day. Each chair requires 8 hours of labor and 2 board. whereas a table requires 10 hours of labor and 6 board-ft. of wood. The profit derived from chair is $400 and from each table, $100. The company wants to determine...
Question Two (40 Marks): School Days Furniture, Inc., manufactures a variety of desks, chairs, tables, and shelf units which are sold to public school systems throughout the mid-west. The controller of the company's Desk Division is currently preparing a budget for the third quarter of the year. The following sales forecast has been made by the division's sales manager. July 10,000 desk-and-chair sets August 12,000 desk-and-chair sets September 15,000 desk-and-chair sets Each desk-and-chair set requires 10 board feet of pine...
ACNT-2309: Master Budgeting - Class Project: • Premium Furniture sells two models of granite-top coffee tables: Casual and Deluxe. Assume that FIFO is used for costing inventory There are two types of direct materials: red oak (RO) and granite slabs (GS). Direct material costs are variable with respect to units of output-coffee tables. Direct manufacturing labor workers are hired on an hourly basis; no overtime is worked There are two cost drivers for manufacturing overhead costs-direct manufacturing labor-hours and setup...
Scholastic Furniture, Inc. manufactures a variety of desks,
chairs, tables, and shelf units that are sold to public school
systems throughout the Midwest. The controller of the company’s
Desk Division is currently preparing a budget for the second
quarter of the year. The following sales forecast has been made by
the division’s sales manager.
April
10,000
desk-and-chair sets
May
12,000
desk-and-chair sets
June
15,000
desk-and-chair sets
Each desk-and-chair set requires 10 board feet of pine planks
and 1.5 hours of...
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