Based on the following sensitivity report, how much should the firm be willing to pay for 160 more units of Resource_C?Variable CellsFinalObjectiveCoefficientAllowableAllowableCellNameValueReduced CostIncreaseDecrease$B$2$B$3$B$4Product 1-21E+30Product 21751E+30Product_3-1.59.1.51E+30ConstraintsFinalValueShadowConstraintR.H.SideAllowableAllowableCellNamePriceIncreaseDecrease$H$9$H$10$H$11Resource A1001E+3090Resource B5258001E+30470Resource C7001.7770018078(Round your answer to 2 decimal places.)Units of Resource C

Sensitivity Analysis is a financial modeling tool that examines how the values of a group of…

Answered: Based on the following sensitivity…

Practical Management Science

6th Edition

ISBN:9781337406659

Author:WINSTON, Wayne L.

Publisher:WINSTON, Wayne L.

Chapter2: Introduction To Spreadsheet Modeling

Section: Chapter Questions

Problem 21P

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Mt. Kinley is a strategy consulting firm that divides its consultants intothree classes: associates, managers, and partners. The firm has been stable in size for the last 20years, ignoring growth opportunities in the 90s, but also not suffering from a need to downsize inthe recession at the beginning of the 21st century. Specifically, there have been—and areexpected to be—200 associates, 60 managers, and 20 partners.The work environment at Mt. Kinley is rather competitive. After four years of working as anassociate, a consultant goes “either up or out”; that is, becomes a manager or is dismissed fromthe company. Similarly, after six years, a manager either becomes a partner or is dismissed. Thecompany recruits MBAs as associate consultants; no hires are made at the manager or partnerlevel. A partner stays with the company for another 10 years (a total of 20 years with thecompany).A. How many new MBA graduates does Mt. Kinley have to hire every year?B. What are the odds that a new hire…
For each of these cases, on photo prepare for building a model by reading the full case and answering the following questions. 1. Explore the mess by answering the following questions: (a) What do we know? (b) What can we assume? (c) What could the results look like? (d) What information can be brought to bear? (e) What can we ask the client? (f) Are there any similar situations or problems? 2. Formulate one or more problem statements
Kraft Bakeries introduced in 2019 a new line of frozen apple pie. For 2019, sales by quarter were asfollows: 11,000 units, 16,000 units, 15,000 units, and 20,000 units. Because of aggressive marketing and promotion, the company expects that sales for each quarter of 2020 will be 25% higher thanthe respective quarter in 2019. The selling price per unit in 2020 is expected to be $4. What are theexpected sales, in units and dollars, for the second quarter of 2020? For the third quarter of 2020?
Suppose the military bureaucracy consistently misinforms Congress on the total costs of producing militaryhardware. Assume that it underestimates the actual costs and that the political representatives believethese estimates. Show how this is likely to cause a loss in efficiency. Show the efficient output of militaryhardware, the output desired by the military bureaucracy, and how the output chosen will differ from the efficient output even if Congress attempts toachieve efficiency. In your answer, assume that the military seeks to maximize the size of its budget.
Elen Bright pondered how she could determine which decision had better performance. The luxury division, by meeting its financial targets, greatly added to the company’s overall financial health, and allowed TAP to report better results from the prior year. Turning by the economy division, she was satisfied with how they had positioned themselves to take advantage of anticipated growth in the economy segment, which contribute to TAP’s longterm financial performance.She sat back and thougt about her dilemma: “The more I look at the results, the more confused I become. I can’t decide which division has performed better.” Question: Diagnosis the problems in the balanced scorecard development process, that makes that gave confusing results.
name tangible and intangible resource/capability and match each against the VRIN framework, clearly justify why any of the named tangible and intangible resource/capability qualifies to be a core competency?
At the end of Avondale Industries’ fiscal year, the training and development office reviewed its budget and found that, due to the cancellation of two training programs, there were still funds left to spend. With just two weeks in which to spend the money, the training director put together a program to train employees who were transferring from the avionics division to the new adhesives and sealants division. The training was held but there was not enough time to consult with managers in the adhesives and sealants division to set learning objectives for the skills needed in the new division. A month later, the training director was asked to provide another training as the employees did not have the knowledge, skills, and abilities for their new jobs. Why is it important that a thorough analysis of training needs be conducted prior to holding a training program? Understanding the needs of the new division will help supervisors identify which employees need the training the most.…
Brief Exercises 7-11 through 7-14 involve departmental cost allocation with two service departmentsand two production departments. Use the following information for these four exercises:Brief ExercisesPercentage Service Provided toDepartment Cost S1 S2 P1 P2Service 1 (S1) $ 30,000 0% 30% 35% 35%Service 2 (S2) 20,000 20 0 20 60Production 1 (P1) 100,000Production 2 (P2) 150,0007-13 What is the total cost in P1 and P2 and what is the amount of service department cost allocated to P1and P2 using the step method with S1 going first?
Brief Exercises 7-11 through 7-14 involve departmental cost allocation with two service departmentsand two production departments. Use the following information for these four exercises:Brief ExercisesPercentage Service Provided toDepartment Cost S1 S2 P1 P2Service 1 (S1) $ 30,000 0% 30% 35% 35%Service 2 (S2) 20,000 20 0 20 60Production 1 (P1) 100,000Production 2 (P2) 150,0007-12 What is the total cost in P1 and P2 after allocation using the direct method?
Your hospital has built a new freestanding facility that includes a 36-bed medical telemetry care unit. The patients and staff from the existing smaller units will be combine into the new unit. The current budget for each of these units is: unit a- average daily census 11.9 unit b- average daily census 22.0 unit a- acuity 1.6 unit b- acuity 1.85 unit a- workload 3.8 unit b-workload 3.6 unit a- productivity % 19.0 unit b- productivity % 16.5 the budgets of the two units will be combine with no changes. Calculate the budget for the new unit including the ADC, acuity, workload, hours per patient day (HPPD), shifts/24 hours, productivity factor and variable direct care full time equivalents.
You have been asked to estimate the cost of 100 prefabricated structures to be sold to a local school district. Each structure provides 1,000 square feet offloor space, with 8-feet ceilings. In 1999, you produced 70 similar structures consistingof the same materials and having the same ceiling height, but each provided only 800square feet of floor space. The material cost for each structure was $25,000 in 1999, andthe cost capacity factor is 0.65. The cost index values for 1999 and 2006 are 200 and 289,respectively. The estimated manufacturing cost for the first 1,000-square-foot structureis $12,000. Assume a learning curve of 88% and use the cost of the 50th structure asyour standard time for estimating manufacturing cost. Estimate the total material costand the total manufacturing cost for the 100 prefabricated structures.
Operation Research UPVOTE WILL BE GIVEN. Please answer in typewritten form. Please write a detailed solution and put some comments/explanations. Do not copy answers from Chegg or here in bartleby. A company produces two products, A and B. The sales volume for A is at least 80% of the total sales of both A and B. However, the company cannot sell more than 100 units of A per day. Both products use one raw material, of which the maximum daily availability is 240 lb. The usage rates of the raw material are 2 lb per unit of A and 4 lb per unit of B. The profit units for A and B are $20 and $50, respectively. Determine the optimal product mix for the company.

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