Determine the board measure (BF) and the cost 2x4 = $1700 MBM MBM or FBM = Thousand Board Measure or Thousand Board Feet 2 x 6 = $1600 MBM 2x10 = $ 1900 MBM 3/8 OSB = $ 1700 7/16 OSB = $ 1750 All prices are given is per Thousand Square Feet 3/4 OSB = $ 2400 1) 250 pcs of 2x4 …. 10 feet long 2) 300 pcs of 2x6 …. 4 meters long 3) 45 pcs of 2x10 …. 16 foot long
Q: Companies A, B, and C supply components to three plants (F, G, and H) via two crossdocking facilitie...
A: Cross-docking is training in coordinated factors of dumping materials from a producer or method of t...
Q: What is the importance of quality service or product?
A: Quality Product Product quality aids businesses in gaining consumer loyalty, establishing brand awar...
Q: Refer to the Value Stream Map. What does the arrow beneath the letter B represent? Group of answer...
A: Value stream mapping can be stated as the lean management technique that permits the professionals t...
Q: TWENTY-TWO. On international projects, the importing of materials is managed by the procurement team...
A: Procurement is the process of taking decisions related to acquiring goods, services, or works from a...
Q: You purchased a mechanical keyboard for P45 and plan to resell it for P63. What would the markup rat...
A: The mark up is the percentage of profit. It is calculated on 1. Cost 2. Sales Markup on cost = Pro...
Q: Explain these concepts giving examples, in relation to industrial management. -core competency -abo...
A: Note - Hi! Thank you for the question, As per the honour code, we are allowed to answer three sub-pa...
Q: Business process modeling is a graphical representation of a company’s business processes or workflo...
A: Outstanding cycles for dealing with demonstrations effectively and practically. Regardless, if your ...
Q: Question 2 Mr. Ferdinand is a well known entrepreneur who sells fresh organic beef to persons in the...
A: A Small Introduction about Forecast Forecasting is a procedure that involves authentic information ...
Q: Question Solve the following linear programming problem by using MS Solver. • Solution in MS Excel f...
A: Given LP: Max Z = 6X1+2.5X2+4X3Subject to -2X1+3X2+5X3≤ 50004X1+2X2+3X3≤ 70006X1+4X2+2.5X3≤ 5000X1...
Q: According to a study in The Journal of the American Medical Association, nearly 40 percent of physic...
A: Ethics can be stated as the framework of moral principles. The regulations or discipline are basical...
Q: What is a poverty trap? State the crucial assumptions underlying Galor and Zeira’s overlapping gener...
A: The Galor-Zeira model is the first macroeconomic model based on wealth driven poverty trap . The mod...
Q: Define conceptualizations?
A: In this part, we'll look at conception, which is one of the first steps in the measurement process. ...
Q: Question 4 a. ABC Ltd. Wants to choose the best location for its new aluminum plant. The manager of ...
A: 4 a 1
Q: A)- Explain the calculation method for the Naive Forecast model. B) If at the end of every month fro...
A: Forecasting the values in advance helps to reduce the cost, and increase profits by reducing wastage...
Q: A grocery store sels boxes of cereal. The grocery store sells 48 boxes per day: assume 365 days per ...
A: Ordering cost is the cost incurred during the ordering and processing of the product to a supplier. ...
Q: Managing contractor performance on a project is not as important to the overall project outcomes as ...
A: After the contract is awarded, the project team monitors the contractor's performance against the co...
Q: Question 3 Maya lid, wants to use the Centre of Gravity location technique to determine where to set...
A: A method of working out the ideal location for warehousing facilities by calculating the transport c...
Q: 6-43 Dillard Travey receives 5,000 tripods annually from Quality Suppliers to meet his annual demand...
A: Given- Annual Demand (D) = 5,000 tripodsOrdering Cost (S) = $15 per orderHolding Cost (H) = 50 cen...
Q: Touch Toiletries, Inc. has developed an addition to its Lizardman Cologne line tentatively branded O...
A: The break-even point refers to the point at which aggregate cost and aggregate revenue are equivalen...
Q: Question 4: There are 4 departments in a shop. Each department is represented by A, B, C and D. Each...
A: The store layout is the design of a store's floor space and the situation of things inside that stor...
Q: Three employees at a fast-food restaurant each perform one of the three activities in serving a cust...
A:
Q: Min 4x1 + 6x2 s.t 2x1 + 2x2 ≥ 3, x1 + 3x2 ≥ 2, x1 + 3x...
A: In mathematics, a linear programming problem is a system for determining the maximum or lowest value...
Q: Non-profit organizati
A: Identifying, managing, and communicating financial-material sustainability information to investors ...
Q: Acadia Logistics anticipates that it will need more distribution center space to accommodate what it...
A: Given: Requirement(in sq. Ft.) Probability 210,000 0.45 360,000 0.25 510,000 0.15 660,00...
Q: What are the processes for dealing with disruptions, and how do they impact machine operation?
A: The term disruption can be understood as disturbances or interruption which causes a situation of di...
Q: Jell Lee Beans is famous for its boxed candies, which are sold primarily to businesses. One operator...
A: Standard time indicating the allowed time for an operation based on the consideration of the average...
Q: What is non probability sampling and explain the types of the sample
A: Sampling is the utilization of a subset of the population to address the entire populace or to infor...
Q: How does one identify a candidate for preventive maintenance?
A: One can identify a candidate for preventive maintenance in the following way:
Q: A real estate investor has the opportunity to purchase land currently zoned residential. If the coun...
A: Given data is
Q: Given the following four capacity alternatives, find the best production method for every production...
A: Fixed costs are described as the costs that do not change or are independent of the number of servic...
Q: Which of the following statements is NOT true about the process capability ratio? a. The process ca...
A: Process capability ratio (Cp) is a statistical tool which helps to identify whether process meet the...
Q: Which of the following concepts explain why we tend to make errors in affective forecasting?
A: Affective forecasting refers to the prediction of future events on the basis of a current emotion.
Q: Refer to the Value Stream Map. What does the triangle above letter D represent? Group of answer ch...
A: In Value Stream Map there are some specified symbols that are used to depict the process of material...
Q: Maya ltd. wants to use the Centre of Gravity location technique to determine where to setup its dist...
A: Find the answers below: I.Main Objectives: The main objective of the Centre of Gravi...
Q: Evaluate and explain the relationship between business excellence, business transformation and conti...
A: Lean management is described as the process of managing an organization that emphasizes the philosop...
Q: explain how containers or cards are used in kanban system
A: The word kanban has a Japanese origin which means to signal. This system is basically used to trigge...
Q: 6-45 The Hardware Warehouse is evaluating the safety stock policy for all its items, as identified b...
A: Given data Economic Order Quantity (EOQ) = 80 units Holding cost (H) = $3 Daily demand (d) = 5 uni...
Q: LahLa Mub Delivery the logistics operator for an Online store, customer orders, already packaged for...
A:
Q: Monczka-Trent Shipping is the logistics vendor for Handfield Manufacturing Co. in Ohio. Handfield ha...
A: Holding cost is the cost incurred to store and hold the inventory in the warehouse of the company.
Q: what is IMPROVED INVENTORY ACCURACY AND CONTROL, and examples of it
A: We should improve both Inventory accuracy and Inventory control as Inventory is considered the main ...
Q: What is the approximate ratio of the time required to set standards by stopwatch methods to the tim...
A: Work management involves the estimation of efforts and time required for the work to get done.
Q: A plant has sufficient capacity to manufacture any combination of four different products (A, B, C, ...
A: Manufacturing cycle time is the complete time taken to change over raw materials into completed good...
Q: A regional distributor purchases discontinued appliances from various suppliers and then sells them ...
A:
Q: Dan, the project manager, has indicated in a planning meeting that the team should identify and avoi...
A: Project management is the process of effectively utilizing the constraints and controlling a team fo...
Q: Bradley's Copiers sells and repairs photocopy machines. The manager needs weekly forecasts of servic...
A: Given data-
Q: For all the following problems, word-process your solutions within this template. Do not create a ne...
A: Given LP- Maximize Z = 2X1 - 4X2 + 5X3 - 6X4Subject to-X1 + 4X2-2X3 + 8X4 ≤2-X1 + 2X2+3X3 + 4X4 ≤1...
Q: Provide a brief profile of the organization of Starbucks Corporation (also known as Starbucks Coffee...
A: Starbucks Corporation is a multinational coffee chain store first arranged in Seattle, Washington, U...
Q: Explain how economic ordering quantity method works
A: Economic ordering quantity(EOQ) is a inventory replenishing method which identifying a fixed quantit...
Q: I. The Childfair Company has three plants producing child push chairs that are to be shipped to four...
A: Find the given details below: Given details: Distribution Center Plant 1 2 3 4 Capacity ...
Q:
A: Mill defines utilitarianism and proposed a theory which was based on the principle that actions when...
Determine the board measure (BF) and the cost
2x4 = $1700 MBM MBM or FBM = Thousand Board Measure or Thousand Board Feet
2 x 6 = $1600 MBM
2x10 = $ 1900 MBM
3/8 OSB = $ 1700
7/16 OSB = $ 1750 All prices are given is per Thousand Square Feet
3/4 OSB = $ 2400
1) 250 pcs of 2x4 …. 10 feet long
2) 300 pcs of 2x6 …. 4 meters long
3) 45 pcs of 2x10 …. 16 foot long
Trending now
This is a popular solution!
Step by step
Solved in 2 steps
- If a monopolist produces q units, she can charge 400 4q dollars per unit. The variable cost is 60 per unit. a. How can the monopolist maximize her profit? b. If the monopolist must pay a sales tax of 5% of the selling price per unit, will she increase or decrease production (relative to the situation with no sales tax)? c. Continuing part b, use SolverTable to see how a change in the sales tax affects the optimal solution. Let the sales tax vary from 0% to 8% in increments of 0.5%.The eTech Company is a fairly recent entry in the electronic device area. The company competes with Apple. Samsung, and other well-known companies in the manufacturing and sales of personal handheld devices. Although eTech recognizes that it is a niche player and will likely remain so in the foreseeable future, it is trying to increase its current small market share in this huge competitive market. Jim Simons, VP of Production, and Catherine Dolans, VP of Marketing, have been discussing the possible addition of a new product to the companys current (rather limited) product line. The tentative name for this new product is ePlayerX. Jim and Catherine agree that the ePlayerX, which will feature a sleeker design and more memory, is necessary to compete successfully with the big boys, but they are also worried that the ePlayerX could cannibalize sales of their existing productsand that it could even detract from their bottom line. They must eventually decide how much to spend to develop and manufacture the ePlayerX and how aggressively to market it. Depending on these decisions, they must forecast demand for the ePlayerX, as well as sales for their existing products. They also realize that Apple. Samsung, and the other big players are not standing still. These competitors could introduce their own new products, which could have very negative effects on demand for the ePlayerX. The expected timeline for the ePlayerX is that development will take no more than a year to complete and that the product will be introduced in the market a year from now. Jim and Catherine are aware that there are lots of decisions to make and lots of uncertainties involved, but they need to start somewhere. To this end. Jim and Catherine have decided to base their decisions on a planning horizon of four years, including the development year. They realize that the personal handheld device market is very fluid, with updates to existing products occurring almost continuously. However, they believe they can include such considerations into their cost, revenue, and demand estimates, and that a four-year planning horizon makes sense. In addition, they have identified the following problem parameters. (In this first pass, all distinctions are binary: low-end or high-end, small-effect or large-effect, and so on.) In the absence of cannibalization, the sales of existing eTech products are expected to produce year I net revenues of 10 million, and the forecast of the annual increase in net revenues is 2%. The ePIayerX will be developed as either a low-end or a high-end product, with corresponding fixed development costs (1.5 million or 2.5 million), variable manufacturing costs ( 100 or 200). and selling prices (150 or 300). The fixed development cost is incurred now, at the beginning of year I, and the variable cost and selling price are assumed to remain constant throughout the planning horizon. The new product will be marketed either mildly aggressively or very aggressively, with corresponding costs. The costs of a mildly aggressive marketing campaign are 1.5 million in year 1 and 0.5 million annually in years 2 to 4. For a very aggressive campaign, these costs increase to 3.5 million and 1.5 million, respectively. (These marketing costs are not part of the variable cost mentioned in the previous bullet; they are separate.) Depending on whether the ePlayerX is a low-end or high-end produce the level of the ePlayerXs cannibalization rate of existing eTech products will be either low (10%) or high (20%). Each cannibalization rate affects only sales of existing products in years 2 to 4, not year I sales. For example, if the cannibalization rate is 10%, then sales of existing products in each of years 2 to 4 will be 10% below their projected values without cannibalization. A base case forecast of demand for the ePlayerX is that in its first year on the market, year 2, demand will be for 100,000 units, and then demand will increase by 5% annually in years 3 and 4. This base forecast is based on a low-end version of the ePlayerX and mildly aggressive marketing. It will be adjusted for a high-end will product, aggressive marketing, and competitor behavior. The adjustments with no competing product appear in Table 2.3. The adjustments with a competing product appear in Table 2.4. Each adjustment is to demand for the ePlayerX in each of years 2 to 4. For example, if the adjustment is 10%, then demand in each of years 2 to 4 will be 10% lower than it would have been in the base case. Demand and units sold are the samethat is, eTech will produce exactly what its customers demand so that no inventory or backorders will occur. Table 2.3 Demand Adjustments When No Competing Product Is Introduced Table 2.4 Demand Adjustments When a Competing Product Is Introduced Because Jim and Catherine are approaching the day when they will be sharing their plans with other company executives, they have asked you to prepare an Excel spreadsheet model that will answer the many what-if questions they expect to be asked. Specifically, they have asked you to do the following: You should enter all of the given data in an inputs section with clear labeling and appropriate number formatting. If you believe that any explanations are required, you can enter them in text boxes or cell comments. In this section and in the rest of the model, all monetary values (other than the variable cost and the selling price) should be expressed in millions of dollars, and all demands for the ePlayerX should be expressed in thousands of units. You should have a scenario section that contains a 0/1 variable for each of the binary options discussed here. For example, one of these should be 0 if the low-end product is chosen and it should be 1 if the high-end product is chosen. You should have a parameters section that contains the values of the various parameters listed in the case, depending on the values of the 0/1 variables in the previous bullet For example, the fixed development cost will be 1.5 million or 2.5 million depending on whether the 0/1 variable in the previous bullet is 0 or 1, and this can be calculated with a simple IF formula. You can decide how to implement the IF logic for the various parameters. You should have a cash flows section that calculates the annual cash flows for the four-year period. These cash flows include the net revenues from existing products, the marketing costs for ePlayerX, and the net revenues for sales of ePlayerX (To calculate these latter values, it will help to have a row for annual units sold of ePlayerX.) The cash flows should also include depreciation on the fixed development cost, calculated on a straight-line four-year basis (that is. 25% of the cost in each of the four years). Then, these annual revenues/costs should be summed for each year to get net cash flow before taxes, taxes should be calculated using a 32% tax rate, and taxes should be subtracted and depreciation should be added back in to get net cash flows after taxes. (The point is that depreciation is first subtracted, because it is not taxed, but then it is added back in after taxes have been calculated.) You should calculate the company's NPV for the four-year horizon using a discount rate of 10%. You can assume that the fixed development cost is incurred now. so that it is not discounted, and that all other costs and revenues are incurred at the ends of the respective years. You should accompany all of this with a line chart with three series: annual net revenues from existing products; annual marketing costs for ePlayerX; and annual net revenues from sales of ePlayerX. Once all of this is completed. Jim and Catherine will have a powerful tool for presentation purposes. By adjusting the 0/1 scenario variables, their audience will be able to see immediately, both numerically and graphically, the financial consequences of various scenarios.It costs a pharmaceutical company 75,000 to produce a 1000-pound batch of a drug. The average yield from a batch is unknown but the best case is 90% yield (that is, 900 pounds of good drug will be produced), the most likely case is 85% yield, and the worst case is 70% yield. The annual demand for the drug is unknown, with the best case being 20,000 pounds, the most likely case 17,500 pounds, and the worst case 10,000 pounds. The drug sells for 125 per pound and leftover amounts of the drug can be sold for 30 per pound. To maximize annual expected profit, how many batches of the drug should the company produce? You can assume that it will produce the batches only once, before demand for the drug is known.
- XYZ Corporation manufactures two products, Simple and Complex. The following annual information was gathered: Simple Complex Selling price per unit P47.00 P26.00 Variable cost per unit 42.00 22.00 Total annual fixed costs are P18,000. Assume XYZ Corporation can produce and sell any mix of Simple or Complex at full capacity. It takes one hour to make one unit of Complex. However, Simple takes 50% longer to manufacture when compared to Complex. Only 120,000 hours of plant capacity are available. How many units of Simple and Complex should XYZ Corporation produce and sell in a year to maximize profits?XYZ Corporation manufactures two products, Simple and Complex. The following annual information was gathered: Simple Complex Selling price per unit P47.00 P26.00 Variable cost per unit 42.00 22.00 Total annual fixed costs are P18,000. Assume XYZ Corporation can produce and sell any mix of Simple or Complex at full capacity. It takes 1.5 hours to make one unit of Complex. However, Simple takes 50% longer to manufacture when compared to Complex. Only 120,000 hours of plant capacity are available. How many units of Simple and Complex should XYZ Corporation produce and sell in a year to maximize profits?Integrated Products Corporation (IPC) needs to estimate its PC sales for next year.The most recent six years of revenue data for the company’s line of XT PersonalComputers, and those of the industry, is found in the table below: Year XT PC Sales Revenue($’000,000) All Industry PC Sales Revenue($’000,000,000) 1 2.4 4.6 2 5.9 8.6 3 15.5 10.7 4 27.8 14.8 5 35.9 18.5 6 38.1 19.4 Required:A. Assuming that the sales data above are representative of sales expected nextyear, use time series regression analysis to forecast next year’s sales revenues(there is no seasonal effect). B. Perform a regression analysis between the annual sales revenues of XTPersonal Computers and all industry PC annual sales revenues. What is theforecast for next year’s sales revenue for XT Personal Computers if the estimateof next year’s industry PC sales revenues is $21.9 billion?C. Advise management at Integrated Products Corporation (IPC) which of the twosales estimates from parts A and B above…
- Integrated Products Corporation (IPC) needs to estimate its PC sales for next year.The most recent six years of revenue data for the company’s line of XT PersonalComputers, and those of the industry, is found in the table below: Year XT PC Sales Revenue($’000,000) All Industry PC Sales Revenue($’000,000,000) 1 2.4 4.6 2 5.9 8.6 3 15.5 10.7 4 27.8 14.8 5 35.9 18.5 6 38.1 19.4 Required: A. Assuming that the sales data above are representative of sales expected nextyear, use time series regression analysis to forecast next year’s sales revenues(there is no seasonal effect).B. Perform a regression analysis between the annual sales revenues of XTPersonal Computers and all industry PC annual sales revenues. What is theforecast for next year’s sales revenue for XT Personal Computers if the estimateof next year’s industry PC sales revenues is $21.9 billion?Use the two – phase simplex method Minimize Ζ = 3x1 + 2x2 + x3 Subject to x1 + 4x2 + 3x3 ≥ 50 2x1 + x2 + x3 ≥ 30 −3x1 − 2x2 – x3 ≤ −40 X1 , x2 , x3 ≥ 0The Electrocomp Corporation manufactures two electrical products: air conditioners and large fans. The assembly process for each is similar in that both rquire a certain amount of wiring and drilling. Each air condtioner takes 3 hours of wiring and 2 hours of drilling. During the next production period, 240 hours of wiring time are available, and up to 140 hours of drilling time may be used. Each air conditioner sold yieds a profit of $25. Each fan assembled may be sold for a $15 profit. Formulate the best combination of air conditioners and fans that yiedls the highest profit. Use the corner point graphical approach.
- Consider the linear program max 4y_{1} + 5y_{2} s.t. - y_{1} + y_{2} <= 4 y_{1} - y_{2} <= 10 y_{1}, y_{2} >= 0 (a) Show graphically that the model is unbounded.009. from: small and medium. There are two flavors to choose from: chocolate and strawberry. There are two toppings to choose from: cherries and nuts. The tree diagram below shows the possible outcomes. Use the diagram to answer the questions. Size small medium Flavor chocolate strawberry chocolate strawberry (a) How many outcomes are there? 8 outcome(s) Topping cherries nuts cherries nuts cherries nuts cherries nuts Outcome (small, chocolate, cherries) (small, chocolate, nuts) (small, strawberry, cherries) (small, strawberry, nuts) (medium, chocolate, cherries) (medium, chocolate, nuts) (medium, strawberry, cherries) (medium, strawberry, nuts) (b) How many outcomes do not have chocolate ice cream being chosen? outcome(s) (c) How many outcomes have both strawberry ice cream and cherries being chosen? outcome(s)Friendly Waste Co. runs three different factories and is required by law to safely dispose of chemicals. Waste from three different factories can be processed to reduce the amount of two different types of pollutants. State law requires that the total reduction in the amount of pollutant A is at least 30 tons and pollutant B is at least 40 tons. Using the information in the following table: Factory Proc Cost Per Ton Reduction Plant A Reduction Plant B 1 15 0.1 0.45 2 10 0.2 0.25 3 20 0.4 0.3 •Algebraically formulate a linear programming model to represent this problem.