ch10 Homework

4. What is FIFO method? 5. what is Average cost method?

Question 2 needed This is just for knowledge purposes

a. Meaning of ABC analysis?

Problem 1 Dr. Song will go to McDonald's for dinner tonight. After studying operations research, he feels that he should at least be "smart" enough to figure out the way he eats it. Let's build a model to determine what to eat at McDonald's. QP AD BM FF MC FR SM 1M OJ Required Cost 3.79 4.49 3.99 3.79 1.29 1.79 1.19 1.00 1.89 Prot 28 24 25 14 31 3 15 1 55 VitA 15 15 6 8 4 10 2 100 VitC 10 2 15 15 4 120 100 Calc 30 20 25 15 15 20 30 2 100 Iron 20 20 20 10 8 15 100 Cals 510 370 500 370 400 220 345 110 80 2000 Carb 34 33 42 38 42 26 27 12 20 350 The tables gives the menu (Quarter Pounder, Angus Deluxe, etc.) along with their unit cost (in $) and amount of nutrients contained (Protain, Vitamin A, etc.) The last column of the table gives the daily required amount of nutrients suggested by Dr. Song's doctor. Suppose Dr. Song aims to minimize the cost of his dinner, while he wants to satisfy all the nutrient requirements. Formulate this problem as a linear programming model, and solve it in…

Question 3&4 This is just for knowledge purposes

Given information below profit in $ pumps labor hours feet of tubing Aqua-Spa (x1) Hydro-Lux (x2) 1 2 MAX S.T. 350 1 9 12 300 1 6 16 x₁ = # of Aqua-Spa hot tubs to produce x₂ = # of Hydro-Lux hot tubs to produce 350x1 + 300x2 x1 + x₂ ≤ 200 9x1+6x2 ≤ 1566 12x₁ +16x2 ≤2880 *120 X220 total 950 3 21 44 RHS 200 1566 2880 (total profit in $) (pumps) (labor hours) (feet of tubing) Q5.1. How many resources were used to produce the optimal solution?

Required information Skip to question   George Caloz & Frères, located in Grenchen, Switzerland, makes luxury custom watches in small lots. One of the company’s products, a platinum diving watch, goes through an etching process. The company has recorded etching costs as follows over the last six weeks:   Week Units Total Etching Cost 1 9 $ 21 2 12 25 3 13 30 4 9 20 5 11 25 6 18 34   72 $ 155   For planning purposes, management would like to know the variable etching cost per unit and the total fixed etching cost per week.   2-a. Using the least-squares regression method, estimate the variable etching cost per unit and the total fixed etching cost per week. 2-b. Express these estimates in the form Y = a + bX.

Mc Graw Hill Home Page - JagApp Week 12 - Midterm #2 (100 points) i 17 Consider the following list of accounts: • Cash • Prepaid Expense • Service Revenue 8 points 01:16:23 • Salaries Expense • Accounts Payable Equipment • Retained Earnings • Common Stock • Dividends Х סוי M Question 17 - Week 12 - Midterm #2 (100 points) - Connect How many of these accounts have a normal debit balance? Numeric Response

Please do not give solution in image formate thanku.

Subject: Logistic Manangement Q#1) What are the defination of Verticle and Horizontal Integration, explain with examples of each?1.1: Definition1.2: Examples

Q3 Lab2 Subject: Production and operation management Please answer ASAP

Q1 (a) Looking at the Sensitivity table above explain briefly by answering if the demand by any of these the classes is not satisfied. (b) Write down how many bookings the hotel should accept in each rental class?

PLEASE ANSWER QUICKLY

Q3. Explain two strategies that a firm can use to reduce competition from existing competitors. Pleases expain with the diagram

Q2. Explain strategic implications of BCG matrix model.

Question 3 Regular output capacity is 130 units per month. Regular cost per unit = K600. Overtime cost per unit K900. Beginning inventory is 0 units. We have the forecast of engine demand shown below: a) Develop a chase plan that matches the forecast. Calculate the cost of the plan. b) Develop a level plan that uses inventory to absorb fluctuations. Compare the costs of the level plan to the costs of the chase plan from Part (a). Inventory carrying cost per unit per month = 20. Backlog cost per unit per month = K900. There should be no backlog in the final month. Month Forecast 1 120 2 3 135 140 4 120 End of assignment 1 5 125 6 125 7 140 = 8 135 Total 1,040

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The manager of a bulk foods establishment sells a trail mix for $9 per pound and premium cashews for $14 per pound. The manager wishes to make an 200​-pound trail mix-cashew mixture that will sell for $11 per pound. How many pounds of each should be​ used?     Question content area bottom Part 1   A. 80 lb of trail mix 120 lb of cashews   B. 100 lb of trail mix 100 lb of cashews   C. 140 lb of trail mix 60 lb of cashews   D. 120 lb of trail mix 80 lb of cashews

QUESTION #1 Mrs. Johnson, the owner of a small manufacturing business has patented a new device for kitchen appliance. Before trying to commercialize the device and add it to her existing product line, the she wants reasonable assurance of success. Variable costs are estimated at $8 per unit produced and sold. Fixed costs are about $60,000 per year. a. Forecasted sales for the first year are 15,000 units if the price is reduced to $20. With this pricing strategy, what would be the product's total contribution to profits in the first year? b. If the selling price is set at $30, how many units must be produced and sold to break even? Use both algebraic and graphic approaches

Requirement Show your working calculation

Q The manager of a fast food restaurant featuring hamburgers is adding salads to the menu. For each of the two new options, the price to the customer will be the same. The MAKE option is to install a salad bar stocked with vegetables, fruits and toppings and let the customer assemble the salad. The salad bar would have to be leased and a part-time employee hired. The manager estimates the fixed cost at $12000 and variable costs totalling $1.5 per salad. The BUY option is to have pre-assembled salads available for sale. They would be purchased from a local supplier at $2 per salad. However, offering pre-assembled salads would require installation and operation of additional refrigeration, with fixed annual cost of $2400.  What is the rational decision if A) the manager expects to sell 25000 salads per year and B) the manager expects to sell 18000 salads

answer for 3.2, 4.1 & 4.2 only This is for knowledge purposes

Question 2 Mike is a first year university student who is trying to understand his financial situation. Mike currently lives 1.5 miles away from campus. He works part time in a retail centre that pays him £800 per month. Mike saves £200 out of the part time job pay for his further education plan. a). As to the below Travel Expenses table published by the Students’ Union, 185 students were randomly selected to help understand the travel expenses and distance to campus. What’s the probability for Mike to spend over £10 on journeys to campus?     Distance to Campus (miles) Amount spent, £ 0.1 to 0.25 0.26 to 1.0 Over 1.0 0 – 4.99 35 26 10 5.00 – 9.99 18 39 20 10.00+ 4 14 19   b). How much is the frequency for students living over 1 mile away from the campus? c). As to the category of Amount Spent, £, what is the modal group? d). Assuming Mike is saving the same amount per month in the next 3 years. How much does Mike get for his saving…

Q: How the net profit is calculated for product explain and derive formula for it?

Question 5: A Mechanical Design Company produces an innovative design of Batttery used for electric cars. The standard design of producing one(1) unit of Battery is provided in the bill of materials BOM which requires material mix shown in Table Q5a. The current monthly production of Battery is 2000 units per month with the actual material consumption shown in Table Q5b. Determine the following and justify why it is favorable or adverse. (i) Material usage variance; (ii) Material price variance; (ii) Total material cost variance; Table Q5a Usage (units) 5 Materials Total cost (OMR) V 17 W 3 38 X 8 50 Y 38 Table Q5b Usage (units) 12,047 6,902 17,556 4,122 Total cost (OMR) 50,526 94,083 103,953 76,408 Materials V W Y