Chelsea runs a factory that makes DVD players. Each S100 takes 9 ounces of plastic and 2 ounces of metal. Each D200 requires 6 ounces of plastic and 6 ounces of metal. The factory has 396 ounces of plastic, 312 ounces of metal available, with a maximum of 24 S100 that can be built each week. If each S100 generates $16 in profit, and each D200 generates $8, how many of each of the DVD players should Chelsea have the factory make each week to make the most profit? S100: D200: Best profit:
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- Country Diner currently makes cookies for its boxed lunches. It uses 40,000 cookies annually in the production of the boxed lunches. The costs to make the cookies are: A potential supplier has offered to sell Country Diner the cookies for $0.85 each. If the cookies are purchased, 10% of the fixed overhead could be avoided. If Jason accepts the offer, what will the effect on profit be?Your bakery can produce 3,000 unit of bagel per week for 48 weeks of operation per year. You aim to stay in this business for five years. You can either make the dough for the bagels in house or buy them from a different source. If you make the dough in house, you face with annual labour costs: $30,000, annual safety regulation costs: $5,000 and annual material costs: $20,000. But, if you choose to buy the dough from a different source, you must have a special dough-mixer machine to make adjustment for your production. Therefore, you need to pay $5,000 for the dough mixer machine, which has $1,000 salvage value at the end of 5 years. Furthermore, you face with annual maintaining costs including labour costs: $20,000 and additional overhead costs: $10,000 Using this information, find the unit cost of buy the bagel option with MARR 20%. Question 4 options: a) Between $0.70 and $0.80 b) None of the answers are correct…A new notebook in basic color cost $50 each, and Linda combined with her design selling for $100 each, with a personalized design, the price became $125. Each new notebook will cost an extra $10 in materials, and she will need two hours to design, for personalized design she will need an extra 30 minutes. She can pay someone to advertise by $300 each month. She is projecting 200 notebooks sales of which 25% are custom design, each month, and with the marketing, she can increase 10%. How calculate the Statement Income ?
- Lila battle has determined that the annual demand for number 6 screws is 100,000 screws. Lila, who works in her brother’s hardware store, is in charge of purchasing. She estimates that it costs $10 every time an order is placed. This cost includes her wages, the cost of forms used in the placing order, and so on. Furthermore, she estimates that the cost of carrying one screw in theinventory for an year is one-half of one cent. Assume that the demand is constant throughout the year. (a)How many number 6 screws should Lila order at a time if she wishes to minimize total inventory cost? (b)How many orders per year would be placed? What would the annual ordering cost be? (c)What would the average inventory be? What would the annual holding cost be?Rae Dunn makes coffee cups and salad plates out of pottery. It can take her 6 minutes to produce a coffee cup and 3 minutes to produce a salad plate. When making the cups, she will need 34 lb of clay. To make a plate, she will need one lb of clay. She only wants to spend 20 hours a week making the cups and plates. She only found that she had 250 lbs of clay for this project. Rae Dunn does make a profit of $2.00 for each coffee cup and $1.50 for each plate. Let's help Rae Dunn determine what her maximum profit will be.Juan Fox’ has started her own company, Foxy Jeans, which manufactures imprinted jeans. Since he just begun this operation, he rents the equipment from a local printing shop when necessary. The cost of using the equipment is P3,000. The materials used in one jean cost P200, and he can sell it at 350. Requirements: Provide for a mathematical model that will show how to maximize the profit. IF Juan sells 100 jeans, what will his total revenues, total costs, and profit? How many jeans must Juan sell to have zero profit and zero loss (break-even)?
- Mark owns a company that sells sneakers of high quality. For each sneaker, the leather cost is SR 110 and the production cost is SR 70. The monthly cost for running the company is SR 32000 and the monthly cost for running the factory is SR 56000. If Mark predicted that he would only sell 550 sneakers, what selling price would make Mark break-even by selling this number of sneakers?Monique has a flock of six chickens in her backyard that she initially bought for $6 each. Theflock currently lays 20 eggs per week, which Monique and her family consume at home, andher current cost of feed is $2 per week. Monique has a job that pays $8/hour with flexiblehours, but she is thinking of selling her chickens’ eggs to earn extra income. To start sellingeggs, she would need to increase production to 30 eggs per week. She can do this by increasingthe chickens’ feed to $3 per week and taking an hour off work each week to devote to chickenrearing. If the market price of her farm-fresh eggs is $1 per egg, what would be Monique’sweekly economic profits from selling her chickens’ eggs? (Select one.)(a) −$9: This is her revenue minus her accounting cost.(b) −$1: This is her revenue minus her production cost.(c) $0: Eggs are a constant-cost market so producers must earn 0 profits.(d) $1: This is her revenue minus her economic cost.(e) $7: This is her revenue minus her accounting…Olga was planning to set up a business where she would purchase paintings for $1,050 per unit and sell them for $1,800 per unit. She wanted to conduct a break-even analysis and identified the following costs for running her business: $4,470.00 per month for store leasing, $54 per month website hosting fee, $5,150 per month for staff salary, $2,040 per month for advertising costs, and $25 per unit for labour charges to pack the paintings. a. How many paintings would she have to sell per month to break-even? Round up to the next whole number b. If she wants to make a profit of $24,000 in a month, how many paintings would she have to sell? Round up to the next whole number
- Mr. Ahmed works in a bakery which operates 6 days a week, 52 weeks a year. The bakery needs flour which is delivered to the bakery at 10 OMR each order. Each operational day, Mr. Ahmed needs 10 bags of four10 kg weight each bag Each bag costs OMR 12. The annual holding cost per bag is 15% of the purchase price of bag. If the shelf life of the flour bags is 2 weeks only, and Mr. Ahmed orders only accordingly to meet the demand for 2 weeks each order, then what will be the total variable cost per year ?Lia ITZY has determined that the annual demand for number 6 screws is 100,000 screws. Lia, who works in her brother’s hardware store, is in charge of purchasing. She estimates that it costs $10 every time an order is placed. This cost includes her wages, the cost of the forms used in placing the order, and so on. Furthermore, she estimates that the cost of carrying one screw in inventory for a year is one-half of 1 cent. Assume that the demand is constant throughout the year. QUESTION: What would the average inventory be? What would the annual holding cost be?The flowers cost the store $9.50 for each arrangement. The vase costs $8. The florists are paid $12 an hour, and they can make about three of these arrangements per hour, so labor cost is about $4 per arrangement. Rent for the store and overhead expenses for utilities and salaries for sales people and executives total about $125,000 per year. Based on market conditions and an analysis of demand, Pete expects to be able to sell 3,000 arrangements in one year. He would like to achieve a return on sales of 12%. Estimate the Break-Even point (in number of arrangements) for three prices: $60 $70 $80 Calculate the unit cost of each arrangement at three demand levels: 2,500 arrangements 3,000 arrangements 3,500 arrangements Calculate the cost-plus price based on a return of 0% and based on a return of 12%, based on Pete’s demand estimation of 3,000 arrangements per year. Would you expect flowers to be price elastic (i.e., consumers are relatively price sensitive) or…