Boysen produces enamel and acrylic paint from two particular raw materials M1 and M2. The following data provides the data regarding the production restrictions. If the maximum daily demanded for enamel paint is 2 tons, determine the production output that would maximize the profit. Find the optimal solution using the Simplex Method.
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Boysen produces enamel and acrylic paint from two particular raw materials M1 and M2. The following data provides the data regarding the production restrictions.
If the maximum daily demanded for enamel paint is 2 tons, determine the production output that would maximize the profit. Find the optimal solution using the Simplex Method.
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- 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?Calculate customer life time value for the data below. (Show Work) Purchase Occasion Transition Probability Average Basket Size 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 ΝΑ 55% 75% 78% 83% 81% 81% 86% 82% 85% 90% 93% 85% 89% 85% 91% 97% 97% 96% 85% 83% 89% 82% 79% 82% 89% 88% 86% 67% 75% $46.71 $56.71 $57.93 $56.87 $58.26 $66.90 $63.62 $70.27 $63.03 $62.60 $71.81 $76.76 $78.14 $65.65 $74.84 $81.11 $72.08 $87.30 $71.94 $75.44 $70.35 $72.86 $66.68 $79.90 $93.91 $61.08 $94.16 $100.40 $77.89 $99.70php?attempt=104149&cmid%330865 aline Services v OS Ticket system My Dispense Academic Calendar N My courses 3) v Q b) Calculate the weighted moving average for periods 7 through 10 using weights of 0.6, 0.3, and 0.1. n Lo S : Cha Weighted moving Period Actual average 1 64 2 84 3 91 4 97 115 6. 135 7. 137 8. 144 6. 153 10 171 beriods 7 through 10. Use 5.
- %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.…Q2. Explain strategic implications of BCG matrix model.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+X2
- In past 4 weeks, AOC (Arab oil company) started producing and distributing national engine oil to substitute French Total and Esso brands. Production reported to be in thousands: 2, 4, 3, 5 TG Thousand Gallons). AOC production will be calculated after 5 more weeks.4. What is FIFO method? 5. what is Average cost method?Chairs Tables Selling price per unit $80 $400 Variable cost per unit $30 $200 Board feet per unit 2 10 Monthly demand 600 100 The company's supplier of hardwood will only be able to supply 2,000 board feet this month. What plan would maximize profits? a. 500 chairs and 100 tables b. 600 chairs and 80 tables c. 500 chairs and 80 tables d. 600 chairs and 100 tables Note:- Do not provide handwritten solution. Maintain accuracy and quality in your answer. Take care of plagiarism. Answer completely. You will get up vote for sure.
- Q21 The owner of a large machine shop has just finished its financial analysis from the prior fiscal year. Following is an excerpt from the final report: Net revenue $ 348,000 Cost of goods sold 305,000 Value of production materials on-hand 42,500 Value of work-in-process inventory 67,000 Value of finished goods on-hand 27,500 a. Compute the inventory turnover ratio (ITR). (Round your answer to 1 decimal place.) b. Compute the weeks of supply (WS). (Do not round intermediate calculations. Round your answer to 1 decimal place.)Last Year Sales $208,000 $221,000 Cost of goods sold 106,000 116,000 Gross margin 102,000 105,000 Other expenses 49,000 49,000 Net income 53,000 56,000 Finished goods inventory 2,700 5,000 Work-in-process inventory 11,000 8,000 Raw material inventory 5,500 7,000 Total inventory (average for year) 19,200 20,000 Other current assets 93,000 109,000 Other assets 210,000 249,000 Total assets 322,200 378,000 ^THIS YEAR The plant manager, Murat Kristal, at York Technologies makes Aircraft Navigation Systems. He expects you, as the new OM analyst, to provide some insight for performance of the plant. High on his list is an understanding of his inventory…Last Year Sales $208,000 $221,000 Cost of goods sold 106,000 116,000 Gross margin 102,000 105,000 Other expenses 49,000 49,000 Net income 53,000 56,000 Finished goods inventory 2,700 5,000 Work-in-process inventory 11,000 8,000 Raw material inventory 5,500 7,000 Total inventory (average for year) 19,200 20,000 Other current assets 93,000 109,000 Other assets 210,000 249,000 Total assets 322,200 378,000 ^THIS YEAR The plant manager, Murat Kristal, at York Technologies makes Aircraft Navigation Systems. He expects you, as the new OM analyst, to provide some insight for performance of the plant. High on his list is an understanding of his inventory…