Set up the system of equations and then solve it by using an inverse matrix. A...
Duu Jun O01 T0/ 2019 11.39 D Set up a system of equations and then solve using inverse matrics. A manufacturer of portable tools has three sets., Basic, Homeowner, and Pro, which must be painted, assembled, and packaged for shipping. The following table gives the number of hours required for each operation for each set. Basic Homeowner Pro 1.8 Painting Assembly Packaging 1.3 2.6 0.6 1.4 1.6 0.9 0.6 1.8 If the manufacturer has 112.3 hours for painting per day,...
Set up the system of equations and then solve it by using an inverse matrix. A trust account manager has $2,000,000 to be invested in three different accounts. The accounts pay 6%, 8%, and 10%, and the goal is to earn $168,000 with the amount invested at 10% equal to the sum of the other two investments. To accomplish this, assume that x dollars are invested at 8%, y dollars at 10%, and z dollars at 6%. Find how much...
Formulate a system of equations for the situation below and solve A manufacturer of women's blouses makes three types of blouses: sleeveless, short-sleeve, and long-sleeve. The time (in minutes) required by each department to produce a dozen blouses of each type is shown in the following table Short Long- Sleeveless Sleeve Sleeve Cutting Sewing Packaging 12 24 8 15 28 8 The cutting, sewing, and packaging departments have available a maximum of 78, 160, and 48 labor-hours, respectively, per day....
2. Priceler manufactures sedans and wagons. The number of vehicles that can be sold each of the next three months are listed to Table 1. Each sedan sells for $10000 and each wagon sells for $11000. It cost $7000 to produce a sedan and $8000 to produce a wagon. To hold a vehicle inventory for one month cost $160 per sedan and $210 per wagon. During each month, at most 1600 vehicles can be produced Production line restrictions dictate that...
1. Consider the following LP: Max z 5x1 X2 st. 2x1 xS6 6x1X2S 12 Plot the constraints on the graph and identify the feasible region and determine the optimal value of the objective function and the values of the decision variables. 2. Priceler manufactures sedans and wagons. The number of vehides that can be sold each of the next three months are listed to Table 1. Each sedan sells for $10000 and each wagon sells for $11000. It cost $7000...
I AM COMPLETELY CONFUSED! Any help would be greatly appreciated. Chairvana’s Table Assembly Operations: Chairvana Inc. manufactures metal tables and chairs at its plant in Paxton, Illinois. Recently hired general manager, Bob Behar, is concerned about the large inventories and manufacturing inefficiencies in the plant. The Paxton plant has two separate assembly lines – one for chairs and one for tables. Demand for chairs is significantly larger than tables, so Bob decides to tackle the table assembly process for first....
For each scenario, indicate whether or not a standard costing system would be beneficial in that situation and explain why or why not. Each scenario is independent of the other scenarios. (Abbreviations used: GL = general ledger. A selection may be used more than once.) Yes or no and why? reasons listed below 1.Changes happen daily 2.inventory is trying to be eliminated 3. Lack of timeliness 4. product costs are entered into GL inventory accounts at standard cost, rather than...
Read the Article posted below, then answer the following
questions:
1. As a junior member of your company’s committee to
explore new markets, you have received a memo from the chairperson
telling you to be prepared at the next meeting to discuss key
questions that need to be addressed if the company decides to look
further into the possibility of marketing to the BOP segment. The
ultimate goal of this meeting will be to establish a set of general
guidelines...