What is the maximum profit? What is the value of X? * What is the objective function? (write the equation) NOTE: don't put space in your answer and use small letters only. *
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- DATE: NO: 4. Fach coffee table produced by profit of $9. Each bookcase yields a by Robert Wast Designers nets the firm a $412 profit. West's firm is small and its resources limited. West's firm is small and ite resources limited. During any given production period C of I week ) 10 gallons of varnish and 2 leng ths of high-quality rednood are available . Each coffee table requires approximately I gallon of varnish and I length of reduced Each bookcase takes I gallon of varnish and 2 lengths of nood. Formulae West's production-mix decision as a linear programaming problem, and solve . produced each week ? Who wing tabus and bookcases should be How Many will the maximum profit be ?subject: Quantitative Analysis For Business Please answer both. 22. Dawn owns a dog day care company that offers kenneling services for dogs that weigh less than 30 pounds. Dawn has decided to expand the building that houses the kennels by 1,000 square feet. A friend suggested that Dawn consider three expansion options: 1) only board dogs under 30 pounds; 2) only board dogs larger than 30 pounds; or 3) split the new space, allocating 50% to dogs under 30 pounds and 50% to dogs over 30 pounds. Expansion Options Strong Economy Weak Economy Likelihood 40% Likelihood 60% Only dogs under 30 pounds $19,000 increase in revenue $18,000 increase in revenue Only large dogs $22,000 increase in revenue $15,000 increase in revenue Split the space between small and large dogs $20,000 increase in revenue $16,000 increase in revenue Based on the table shown above, which option has the highest expected value? Splitting the space between small and large…1 Infinite source. One of the features of a new machine shop will be a well-stocked tool crib. The manager of the shop must decide on the number of attendants needed to staff the crib. Attendants willreceive $9 per hour in salary and fringe benefits. Mechanics’ time will be worth $30 per hour, whichincludes salary and fringe benefits plus lost work time caused by waiting for parts. Based on previousexperience, the manager estimates requests for parts will average 18 per hour with a service capacity of 20 requests per hour per attendant. How many attendants should be on duty if the manager iswilling to assume that arrival and service rates will be Poisson-distributed? (Assume the number ofmechanics is very large, so an infinite-source model is appropriate.)
- Page 8 of 8 696 words 29°F Clear K 8 Below is information related to the processing time for Products A and B, historical averages of the total capacity required at three work centers to produce these products, and a MPS covering 3 periods for the products. Processing Time MPS in Units End Product WC 100 Historical % 40% A Hours/Unit 0.80 End Product A 1 2 3 50 45 25 200 50% B 1.6 B 30 25 30 300 10% A. Fill in the work load capacity profile for the three work centers below. Base your projections on the MPS and data provided above. Please fill in all of the blanks. Please show your work in the space below. Historical Total Work Center Percentage 1 2 3 Hours 100 200 300 Total Required Capacity English (United States) Text Predictions: On Accessibility: Investigate Q Search W Focus ENG 10:07 PM 3/23/2024 100% PRE%24 W WA 6.4 custom - Mat x C The Willingnes Zoom Xb The daily demand for X A clemson canvcas - Bin X Cohnect to Canvas at X https://www.webassign.net/web/Student/Assignment-Responses/submit?pos=D2&dep=27166051&tags=autosave#question4697815 2 -> The willingness of saddle-producers to supply saddles can be modeled as for p < 5 = (d)s 2.194(1.295P) for p 2 5 where S(p) is measured in thousand saddles and saddles are sold for p thousand dollars per saddle. (a) How many saddles will producers supply when the market price is $2000? thousand saddles How many saddles will producers supply when the market price is $9000? (Round your answer to three decimal places.) thousand saddles (b) At what price will producers supply 10 thousand saddles? (Round your answer to three decimal places.) thousand per saddle (c) Calculate the producer revenue when the market price is $6500. (Round your answer to three decimal places.) x million 24 (d) Calculate the producer surplus when the market price is $6500.…Multiple choice question 7. Lot sizing is selecting the _______ size of a batch of products to be manufactured to meet the ________ of the process. a) Smallest/demand b) Largest/supply c) Required/requirements d) Optimal/requirements e) None of the above 9. Identify the incorrect statement: a) Capacity is a critical resource b) Capacity is an infinite resource c) Capacity is never constant d) Capacity can be defined as a dimension of time e) None of the above are incorrect 10. The break-even point is where: a) Total income = Fixed cost + (variable costs x quantity produced). b) Total costs = Fixed costs. c) Variable costs x quantity produced = price per unit x quantity produced d) None of the above 10. Aggregate planning decisions are __________ decisions defining the parameters within which an organisation will operate. a) Strategic b) Tactical c) Top management d) Stakeholder
- Ongoing Clients 75 Client Attrition Rate for MRR: 30% Avg MRR from New Business per Rep $ 15,000 Average Deal Size (MRR) $ 12,000 % of SQLs that Close 16% % MQLs that Become SQLs 9% # of Reps on Team 5 Avg Growth Deals per Rep per Month 2 Avg MQL per Month 600 Avg MRR from Growth Deals per Rep $ 20,000 What is the NEW BUSINESS MRR Current Year $ per Rep?Percentage Service Provided toDepartment Cost S1 S2 P1 P2Service 1 (S1) $ 112,000 0% 40% 40% 20%Service 2 (S2) 44,000 20 0 40 40Production 1 (P1) 345,000Production 2 (P2) 216,000Total $ 717,000Brief Exercises 7-15 and 7-16 require the following information:7-15 What percentage of S1’s costs is allocated to P1 and to P2 under the direct method?7-16 What percentage of S2’s costs is allocated to P1 and to P2 under the direct method?PP.51 A small manufacturer of specialty welding equipment has developed a chase production plan for the next four quarters, as seen below: Supply/Demand Info Pre-Q1 Q1 Q2 6,300 6,020 6,300 6,020 Forecast (demand) Regular production Subcontract production Ending inventory Hired employees Fired employees Total employees 49 4 45 2 43 The table below shows additional relevant information: Capacity Information & Cost Variables Production rate (units/employee/quarter) Subcontractor capacity (units/quarter) Regular production cost/unit Holding cost/unit/quarter Hiring cost/employee Firing cost/employee Subcontract cost/unit 140 520 $66 $9 $1,040 $2,300 $103 Q3 5,600 5,600 3 40 Q4 4,900 4,900 5 35 What is the overall total cost for this production plan? (Display your answer to the nearest whole number.) Number What is the total regular production cost for this production plan? (Display your answer to the nearest whole number.) Number What is the total holding cost for this production plan?…
- 2. Explain the concept of time utility with suitable example.Q-1)A glass melting furnaces feed auto plumping machines for producing the electric lamp casing (balloon),there are two main kinds can be produced, the original and the big one, they must produce at least 25 million of the original but not accede over 35 million ,and they must produce 3 million of the big one, however the ratio of the original must be at least 5 times to the big one which make a profit double the original, producing million of the big one utilize 5% Of the available materials but the original utilize 2.5% of the available materials ,For this problem ,the objective function is: Max Z =0.5X1+2X2 O MIN Z =2X1+X2 O Max Z =2X1+2X2 O Max Z =2X1+X200:53:53 C k TB Problem Qu. 5-114 (Algo) Mccabe Corporation uses the weighted-average... for September. Mccabe Corporation uses the weighted-average method in its process costing. The following data pertain to its Assembly Department Mc Graw Hill control Work in process, September 1 Units started into production during September Units completed during September and transferred to the next department Work in process, September 30 Equivalent units of production Q A 2 Required: the weighted-average method. Compute the equivalent units of production for both materials and conversion costs for the Assembly Department for September using Z option W S # 3 X F3 Materials E H command D $ 4 DOD DOO F4 Conversion R C do 5 % F U * 8 N DII F8 Units 800 8,200 7,300 1,700 ( 9 F9 K M 0 Materials 55% F10 Percent Complete 75% L H P F11 > Help command Conversion 10% 25% + 11 Save & Exit 2 F12 option 2 Sub dele