The Apex Television Company has to decide on the number of 27" and 20" sets to...
The Apex Television Company has to decide on the number of 27" and 20" sets to be produced at one of its factories. Market research indicates that at most 40 of the 27" sets and 10 of the 20" sets can be sold per month. The maximum number of work-hours available is 500 per month. A 27" set requires 20 work-hours and a 20" set requires 10 work-hours. Each 27" set sold produces a profit of $120 and each 20" set produces a profit of $80. A wholesaler has agreed to purchase all the television sets produced if the numbers do not exceed the maxima indicated by the market research. a) Solve the problem with graphical method. b) Solve the problem with simplex method c)Solve the problem with dual model.
Homework Answers
Add Answer to:
The Apex Television Company has to decide on the number of 27"
and 20" sets to...
A company manufactures and sells x television sets per month. The monthly cost and price-demand equations...
A company manufactures and sells x television sets per month. The monthly cost and price-demand equations are C(x) = 72,000 + 40x and p(x)= 300 - 500SX S 9000. (A) Find the maximum revenue. (B) Find the maximum profit, the production level that will realize the maximum profit, and the price the company should charge for each television set. (C) If the government decides to tax the company 54 for each set it produces, how many sets should the company...
A company produces 3 widgets using two different machines. Every Widget A made requires 10 minutes...
A company produces 3 widgets using two different machines. Every Widget A made requires 10 minutes of operation on machine 1 and 20 minutes of operation on machine 2. Widget A can be sold for $4 an item. Every Widget B requires 2 minutes of operation on machine 1 and 15 minutes of operation on machine 2. Widget B can be sold for $5 an item Each Widget C requires 30 minutes of operation on machine 1 and 8 minutes...
5 points Save Answer QUESTION 27 Figure 2-1. Concam Inc. manufactures television sets. Last month direct...
5 points Save Answer QUESTION 27 Figure 2-1. Concam Inc. manufactures television sets. Last month direct materials (electronic components, etc.) costing 5500.000 were put into production Direct labor of $800,000 was incurred, overhead equaled $450,000, and selling and administrative costs totaled $360,000. The company manufactured 8,000 television sets during the month. Assume that there were no beginning or ending work in process balances. Refer to Figure 2-1. The total product costs for last month were $1.750,000 $2,110,000 $1,300,000 $1,250,000 5...
Humax Manufacturing produces two popular grades of commercial synthetic grass among its many other products. In...
Humax Manufacturing produces two popular grades of commercial synthetic grass among its many other products. In the coming production period, the manager needs to decide how many rolls of each grade should be produced to maximize profit. Each roll of Grade X grass carpet uses 50 units of synthetic grass fiber, requires 25 hours of production time, and needs 20 units of foam backing. Each roll of Grade Y grass carpet uses 40 units of synthetic grass fiber, requires 28...
Basic Deluxe Resin 10kg 16kg Glass Fibre Mat 30m 50m Profit £50 £80 A company has...
Basic Deluxe Resin 10kg 16kg Glass Fibre Mat 30m 50m Profit £50 £80 A company has been set up in Bristol to manufacture rowing dinghies. Currently, it has plans to produce a basic and deluxe version. The two dinghies are similar and both take 1.5 days to manufacture. However, the deluxe version is much stronger and the profit is higher, as can be seen in Table 14.11 Table 14.11 above. Due to safety regulations, the company is only allowed to...
A California grower has a 50-acre farm on which to plant strawberries and tomatoes. The grower...
A California grower has a 50-acre farm on which to plant strawberries and tomatoes. The grower has available 300 hours of labor per week and 800 tons of fertilizer, and he has contracted for shipping space for a maximum of 26 acres’ worth of strawberries and 37 acres’ worth of tomatoes. An acre of strawberries requires 10 hours of labor and 8 tons of fertilizer, whereas an acre of tomatoes requires 3 hours of labor and 20 tons of fertilizer....
a company which manufactures canoes employs 150 I. A company which manufactures canoes employs 150 employees, each of whom working 35 hours per week. Half of them work in the carpenter d...
a company which manufactures canoes employs 150
I. A company which manufactures canoes employs 150 employees, each of whom working 35 hours per week. Half of them work in the carpenter department, 50 persons in the plastics department, and the rest of them at the completion department. The company manufactures the simple canoes with net unit profit 8 and the luxury canoes with corresponding profit 10. A simple canoe requires 5 hours in the carpenter department and two hours in...
Use the simplex method to solve the linear programming problem. Maximize z = xy + 3x2...
Use the simplex method to solve the linear programming problem. Maximize z = xy + 3x2 + x3 + 9x4 subject to Xy+ 7x2 + x3 + X4 5 10 8xy + x2 + 4x3 + X4 180 Xy 20,X220, X3 20,X420 Select the correct choice below and, if necessary, fill in the answer boxes to complete your choice. O A. The maximum is when xy = X2 s, -and s2 = B. There is no maximum. The initial simplex...
a company which manufactures canoes employs 150 I. A company which manufactures canoes employs 150 employees,...
a company which manufactures canoes employs 150
I. A company which manufactures canoes employs 150 employees, each of whom working 35 hours per week. Half of them work in the carpenter department, 50 persons in the plastics department, and the rest of them at the completion department. The company manufactures the simple canoes with net unit profit 8 and the luxury canoes with corresponding profit 10. A simple canoe requires 5 hours in the carpenter department and two hours in...
15. Combining raw materials M and M2 and labor, a company produces units of A. B, and C. The requ...
15. Combining raw materials M and M2 and labor, a company produces units of A. B, and C. The requirements and profit (excluding the cost of labor) for the production and sale of a unit of each are as follows: Mi (lb) M2 (lb) Labor (hr) Profit (S) 105 165 60 12 For the next month, the company has available 1 ton of Mi. 2.5 tons of M2, 500 hr of labor at $18/hr, and up to an additional 120...
A company manufactures and sells x television sets per month. The monthly cost and price-demand equations are C(x) = 72,000 + 40x and p(x)= 300 - 500SX S 9000. (A) Find the maximum revenue. (B) Find the maximum profit, the production level that will realize the maximum profit, and the price the company should charge for each television set. (C) If the government decides to tax the company 54 for each set it produces, how many sets should the company...
5 points Save Answer QUESTION 27 Figure 2-1. Concam Inc. manufactures television sets. Last month direct materials (electronic components, etc.) costing 5500.000 were put into production Direct labor of $800,000 was incurred, overhead equaled $450,000, and selling and administrative costs totaled $360,000. The company manufactured 8,000 television sets during the month. Assume that there were no beginning or ending work in process balances. Refer to Figure 2-1. The total product costs for last month were $1.750,000 $2,110,000 $1,300,000 $1,250,000 5...
a company which manufactures canoes employs 150
I. A company which manufactures canoes employs 150 employees, each of whom working 35 hours per week. Half of them work in the carpenter department, 50 persons in the plastics department, and the rest of them at the completion department. The company manufactures the simple canoes with net unit profit 8 and the luxury canoes with corresponding profit 10. A simple canoe requires 5 hours in the carpenter department and two hours in...
Use the simplex method to solve the linear programming problem. Maximize z = xy + 3x2 + x3 + 9x4 subject to Xy+ 7x2 + x3 + X4 5 10 8xy + x2 + 4x3 + X4 180 Xy 20,X220, X3 20,X420 Select the correct choice below and, if necessary, fill in the answer boxes to complete your choice. O A. The maximum is when xy = X2 s, -and s2 = B. There is no maximum. The initial simplex...
a company which manufactures canoes employs 150
I. A company which manufactures canoes employs 150 employees, each of whom working 35 hours per week. Half of them work in the carpenter department, 50 persons in the plastics department, and the rest of them at the completion department. The company manufactures the simple canoes with net unit profit 8 and the luxury canoes with corresponding profit 10. A simple canoe requires 5 hours in the carpenter department and two hours in...
15. Combining raw materials M and M2 and labor, a company produces units of A. B, and C. The requirements and profit (excluding the cost of labor) for the production and sale of a unit of each are as follows: Mi (lb) M2 (lb) Labor (hr) Profit (S) 105 165 60 12 For the next month, the company has available 1 ton of Mi. 2.5 tons of M2, 500 hr of labor at $18/hr, and up to an additional 120...
Most questions answered within 3 hours.
-
Question 10
Applied Materials depreciates buildings and improvements over
useful lives of 5-50 years.
a.
True....
asked 1 minute ago -
A 10.0 mL sample of 0.25 M NaOH(aq) is titrated with 40.0 mL of
0.10 M...
asked 2 minutes ago -
How
can we prove that a flow is incompressible if the velocity field is
known?
asked 4 minutes ago -
It is sometimes argued that understanding people's existing
activities does not really help to design future...
asked 7 minutes ago -
what is the angular velocity of tje moon in its orbut ( orbit
period is 28)?
asked 8 minutes ago -
Time Off At Superior Software Service
As she hangs up the telephone, Joan Jackson realizes that...
asked 11 minutes ago -
Use the sample data and confidence level given below to complete
parts (a) through (d).
A...
asked 13 minutes ago -
1. Consider a risky portfolio. The end-of-year cash flow derived
from the portfolio will be either...
asked 15 minutes ago -
Find the critical value(s) for the specified Wilcoxon
signed-rank test.
Sample size = 10, two-tailed test,...
asked 48 minutes ago -
why don't arctic animals feet freeze in winter biology
question
asked 31 minutes ago -
Cellular respiration in eukaryotes has the same purpose as
fermentation in prokaryotes
True
False
asked 33 minutes ago -
A random sample of size n = 32 is taken from a
population with mean μ...
asked 44 minutes ago