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- Inventories An electronics store manager stocks from 20 to 30 IBM-compatible computers and from 30 to 50 Apple computers. There is room in the store to stock up to 60 computers. The manager receives a commission of 50 on the sale of each IBM-compatible computer and 40 on the sale of each Apple computer. If the manager can sell all of the computers, how many should she stock to maximize her commissions? Find the maximum commission. Inventory IBM Apple Minimum 20 30 Maximum 30 50 Commission 50 40The manager of the customer service department at a bank can hire employees with a high school degree (HS) who earn $10,000 annually or employees with a bachelor's degree (B) who earn $20,000. The manager wants to maximize the number of customers served given a fixed payroll. Worker Number of Additional Customers Served High School Degree Bachelor's Degree 1st 80 90 2nd 60 80 3rd 50 60 4th 40 40 5th 35 35 6th 30 25 Given the information in the table, if the manager's payroll is $120,000, what should be done to maximize the number of customers served? What is the math behind this? Do I just look back and select which degrees equal 0.5? That would take a lot of manual work to do that. Is their an easier way?An investment club has set a goal of earning 15% on the money it invests in stocks. The members are considering purchasing three possible stocks, with their cost per share (in dollars) and their projected growth per share (in dollars) summarized in the following table. (Let x = computer shares, y = utility shares, and z = retail shares.) Stocks Computer (x) Utility (y) Retail (z) Cost/share 30 44 26 Growth/share 6.00 6.00 2.40 (c) What is the minimum number of shares of computer stock they should buy? What is the number of shares of the other stocks in this case? utility shares retail shares
- Federated Electronics, Ltd., manufactures display screensand monitors for computers and televisions, which it sellsto companies around the world. It wants to construct a new warehouse and distribution center in Asia to serve emerg-ing markets there. It has identified potential sites in the port cities of Shanghai, Singapore, Pusan, Kaohsiung, and HongKong and has estimated the possible revenues for each(minus construction costs which are higher in some citieslike Hong Kong). At each site the projected revenues are primarily based on these factors, (1) the economic condi-tions at the port including the projected traffic, infrastruc-ture, labor rates and availability; and expansion and modernization; and (2) the future government situationwhich includes the political stability, fees, tariffs, duties,and trade regulations. Following is a payoff table thatshows the projected revenues (in $ billions) for six years given the four possible combinations for positive and nega-tive port and…In Example 2 we saw that Airbus A330-300s seat 330 passengers and cost $250 million each, Boeing 767-300ERs seat 270 passengers and cost $200 millioneach, while Boeing Dreamliner 787-9s seat 240 passengers and cost $250 million each. You are the purchasing manager of an airline company and have a spending goal of $4350 million for the purchase of new aircraft to seat a total of 4950 passengers. Your company has a policy of supporting U.S. industries, and you have been instructed to buy twice as many Boeings as Airbuses. Given the selection of three aircraft, how many of each should you order?How much should the price of product 2 be increasedto make it profitable to produce? How much of product 2 shouldbe produced in the new optimal plan?
- The ABC Company wants to increase its sales for the next quarter by promoting its product nationwide. The company has budgeted up to P1,000,000 per month for advertising. The money is to be allocated among four promotional media: TV spots, newspaper ads, and two types of radio advertisements. The company’s goal is to reach the largest possible high potential audience through various media. The following table presents the number of potential customers reached by using an advertisement in each of the four media. It also provides the cost per advertisement placed and the maximum number of ads purchased per month. ABC’s policy requires at least five radio spots to be placed each week. To ensure broad- scoped promotional campaign, management also insists that no more than P400,000 be spent on newspaper advertising every month. MEDIUM AUDIENCE REACHED PER AD COST PER AD MAXIMUM ADS PER month TV Spot (1 Minute) 9,000 P 40,000 15 Daily Newspaper (full-page ad)…A real estate company, Peterson & Johnson, discusses five potential development projects.The following table shows the estimated long-term earnings (net present value) that each project would generate and the investment required to undertake it, in millions of dollars.Company owners Dave Peterson and Ron Johnson raised $20 million in investment capital for these projects. They want to choose the mix of projects that maximizesthe total estimated long-term profit (net present value) without investing more than $20 million. a) Formulate a PEB model for this problem.the restaurant value stream map, and recompute the total value-added and non-value-added time and cost given the following new information. The chef's time is valued at $30 per hour, oven operation at $10 per hour, precooking order waiting time at $5 per hour, and postcooking order waiting time at $60 per hour. The $60 estimate reflects the cost of poor quality for a dinner waiting too long that might be delivered to the customer late (and cold). If a restaurant uses iPads to place orders and notify waiters when the customer's order is ready, the time on the order board (now an electronic order board) decreases from five to one minute, and the prepared order wait time decreases from five to four minutes. Round your answer for the total revised time to the nearest whole number and round your answer for the total revised cost to three decimal places. Total Revised Time: minutes Total Revised Cost: $
- In Example 2 we saw that Airbus A330-300s seat 330 passengers and cost $250 million each, Boeing 767-300ERs seat 270 passengers and cost $200 million each, while Boeing Dreamliner 787-9s seat 240 passengers and cost $250 million each. You are the purchasing manager of an airline company and have a spending goal of $4950 million for the purchase of new aircraft to seat a total of 5850 passengers. Your company has a policy of supporting U.S. industries, and you have been instructed to buy twice as many Boeings as Airbuses. Given the selection of three aircraft, how many of each should you order?In Example 2 we saw that Airbus A330-300s seat 330 passengers and cost $250 million each, Boeing 767-300ERs seat 270 passengers and cost $200 million each, while Boeing Dreamliner 787-9s seat 240 passengers and cost $250 million each. You are the purchasing manager of an airline company and have a spending goal of $4950 million for the purchase of new aircraft to seat a total of 5850 passengers. Your company has a policy of supporting U.S. industries, and you have been instructed to buy twice as many Boeings as Airbuses. Given the selection of three aircraft, how many of each should you order? Airbus A330-300s_______ Boeing 767-300ERs_________ Boeing Dreamliner 787-9s___________In Example 2 we saw that Airbus A330-300s seat 330 passengers and cost $250 million each, Boeing 767-300ERs seat 270 passengers and cost $200 million each, while Boeing Dreamliner 787-9s seat 240 passengers and cost $250 million each. You are the purchasing manager of an airline company and have a spending goal of $4950 million for the purchase of new aircraft to seat a total of 5850 passengers. Your company has a policy of supporting U.S. industries, and you have been instructed to buy twice as many Boeings as Airbuses. Given the selection of three aircraft, how many of each should you order? Airbus A330-300sBoeing 767-300ERsBoeing Dreamliner 787-9s
