500 ProductionDenver800ProductionTRANSSHIPMENT PROBLEMAtlanta324.53.53.5KansasCity4Louisvill25.5364.5Find the minimum cost of transporting the requiredgoods through Kansas City and Louisville465.5FargoDetroitMiamiDallasNewOrleans50 Demand100 Demand150 Demand250 Demand150 Demand

Transshipment node Kansas City as Node 3, Lousiville as Node 4, Demand Node Fargo as Node 5,…

Answered: 500 Production Denver 800 Production…

Practical Management Science

6th Edition

ISBN:9781337406659

Author:WINSTON, Wayne L.

Publisher:WINSTON, Wayne L.

Chapter2: Introduction To Spreadsheet Modeling

Section: Chapter Questions

Problem 33P: Assume the demand for a companys drug Wozac during the current year is 50,000, and assume demand...

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Information on a business is given below.Variable Expenses:Raw material expense: 250 TL / pieceAuxiliary equipment expense: 150 TL / pieceElectricity expenses: 100 TL / pieceSpare parts expense: 75 TL / pieceOther variable expenses: 125 TL / pieceFixed costs:Depreciation, interest and insurance expenses: 75 000 TLLabor and personnel expenses: 250 000 TLOther fixed expenses: 115 000 TLProduction capacity: 2000 pcs / monthSale price: 1600 TL / pieceAccording to the above,a) Find the break-even point as the production quantity?b) Find the amount that the business has to produce in order to make a profit of 500 000 TL / month?
Production and Materials Purchases Budgets White Corporation’s budget calls for the following sales for next year:Quarter 1 90,000 units Quarter 3 68,000 unitsQuarter 2 76,000 units Quarter 4 96,000 unitsEach unit of the product requires 3 pounds of direct materials. The company’s policy is to begineach quarter with an inventory of product equal to 5% of that quarter’s estimated sales requirementsand an inventory of direct materials equal to 20% of that quarter’s estimated direct materials requirements for production.Required Determine the production and materials purchases budgets for the second quarter.
Fitness Express sells three different types of elliptical machines. They have manufactured 50 of each machine for a special sale. The store already ha orders for 46 of machine A and 16 of machine B. Use the following information to determine how many of machine C the store needs to sell to break even? Show your work on a separate sheet of paper. Manufacturing Cost $105.00 $140.00 $175.00 Elliptical Machine Machine A Machine B Machine C Total costs of all machines: $ Total revenue: $ Number of machine Cs to sell to break even: Retail Cost $250.00 $305.00 $420.00
The cost data for Evencoat Paint for the year 2019 is as follows: Month Gallons ofPaintProduced EquipmentMaintenanceExpenses January 110,000 $70,700 February 68,000 66,800 March 71,000 67,000 April 77,000 68,100 May 95,000 69,200 June 101,000 70,300 July 125,000 70,400 August 95,000 68,900 September 95,000 69,500 October 89,000 68,600 November 128,000 72,800 December 122,000 71,450 A. Using the high-low method, express the company’s maintenance costs as an equation where x represents the gallons of paint produced. Then estimate the fixed and variable costs. Fixed cost $ Variable cost $
Nice-Fit is a (fictional) small business producing outfits for costume parties and specialoccasions. Custom designs can be tailored to a customer’s request. Tom and Ann are theowners of the company and source all the fabric, design the outfits and make the costumesthemselves. Tom and Ann keep spreadsheets with information on the material purchased andcostumes made, but they find it difficult to keep track of their products, raw materials, andsales. The raw materials are supplied from a fabric company in India, and the production takesplace in a manufacturing company in China. The clothing is sold at local weekend markets,sold, or rented through costume hire shops, and sold at their physical store. Tom and Annreceive a small percentage of the sales and rentals of their costumes from the hire shops.They have no information on customers other than those who request custom designsdirectly from them. In 2020, the Covid-19 pandemic had a major impact on global economies,businesses and how we…
SureStep is currently getting 160 regular-time hours from each worker per month. This is actu-ally calculated from 8 hours per day times 20 days per month. For this, they are paid $9.375 per hour(51500y160). Suppose workers can change theircontract so that they only have to work 7.5 hours perday regular-time—everything above this becomesovertime—and their regular-time wage rate increasesto $10 per hour. They will still work 20 days per month. Will this change the optimal no-backloggingsolution?
3-2) The optimal quantity of the three products and resulting revenue for Taco Loco is: A) 28 beef, 80 cheese, and 39.27 beans for $147.27. B) 10.22 beef, 5.33 cheese, and 28.73 beans for $147.27. C) 1.45 Z, 8.36 Y, and 0 Z for $129.09. D) 14 Z, 13 Y, and 17 X for $9.81. 3-3) Taco Loco is unsure whether the amount of beef that their computer thinks is in inventory is correct. What is the range in values for beef inventory that would not affect the optimal product mix? A) 26 to 38.22 pounds B) 27.55 to 28.45 pounds C) 17.78 to 30 pounds D) 12.22 to 28 pounds
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Trinity product Limited makes and sells three types of electronic security systems for which the following information is available Standard cost and selling price per unitDay Scan Night scan Omni scan GH¢ GH¢ GH¢Material 70 110 155Manufacturing labour. 40 55 70Installation labour. 24 32 44Variable overheads. 16 20 28Selling price 250 320 460 Fixed cost for the period are GH¢450,000 and installation labour, which is highly skilled is available for 25,000 hours only in a period and is paid GH¢8 per hour. Both manufacturing and installation labour are variable cost. The maximum demand for the period is: Day scan 2,000 units; Night scan 3,000 units; Omni scan 1,800 units. RequiredA) Having carried out an investigation of the availability of installation labour, the firm thinks that by offering GHS 12 per hour, additional installation would become available and thus overcome the labour…
each Distributors packages and distributes industrial supplies. A standard shipment can be packaged in a class A container, a class K container, or a class T container. A single class A container yields a profit of $10; a class K container, a profit of $8; and a class T container, a profit of $12. Each shipment prepared requires a certain amount of packing material and a certain amount of time. Formulate and solve this problem using LP software. Resources Needed per Standard Shipment Class of Container Packing Material (pounds) Packing Time (hours) A 2 2 K 1 6 T 3 4 Total amount of resource available per week 120 pounds 210 hours Hugh Leach, head of the firm, must decide the optimal number of each class of container to pack each week. He is bound by the previously mentioned resource restrictions but also decides that he must keep his 6 full-time packers employed all 210 hours (6 workers × 35 hours)…
Steve's Scooer plans to sell it standard scooter for $500 and it chrome for $650. Steve purchases the standard scooter for $150 and Chrome for $250. Steve expects to sell one standard scooter for every three chrome scooter. Steve's monthly fixed cost are $263000. How many of each scooter must Steve sell each month to break even? and how many of each scooter must Steve sell each month to earn $697000?

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