Sport O Rama Equipment Inc., makes two different types of baseball gloves: a regular model and a catcher’s model. The firm has 900 hours of production time available in its cutting and sewing department, 300 hours available in its finishing department, and 100 hours available in its packaging and shipping department. The production time requirements and the profit contribution per glove are given in the following table:MODELProduction time (hrs): Cutting & SewingProduction time (hrs): FinishingProduction time (hrs): Packaging & ShippingProfit/Glove ($)REGULAR11/21/8$ 5CATCHER'S3/21/31/4$ 8Assume that Sports O Rama Equipment Inc. is interested in maximizing the total profit contribution, answer the following:How many hours of production time will be scheduled in each department?What is the slack time in each department?

1. As indicated by the above output, the long stretches of creation time for cutting and sewing…

Answered: Sport O Rama Equipment Inc., makes two…

Managerial Economics: Applications, Strategies and Tactics (MindTap Course List)

14th Edition

ISBN:9781305506381

Author:James R. McGuigan, R. Charles Moyer, Frederick H.deB. Harris

Publisher:James R. McGuigan, R. Charles Moyer, Frederick H.deB. Harris

Chapter8: Cost Analysis

Section: Chapter Questions

Problem 6E

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Sport O Rama Equipment Inc., makes two different types of baseball gloves: a regular model and a catcher’s model. The firm has 900 hours of production time available in its cutting and sewing department, 300 hours available in its finishing department, and 100 hours available in its packaging and shipping department. The production time requirements and the profit contribution per glove are given in the following table:

MODEL	Production time (hrs): Cutting & Sewing	Production time (hrs): Finishing	Production time (hrs): Packaging & Shipping	Profit/Glove ($)
REGULAR	1	1/2	1/8	$ 5
CATCHER'S	3/2	1/3	1/4	$ 8

Assume that Sports O Rama Equipment Inc. is interested in maximizing the total profit contribution, answer the following:

How many hours of production time will be scheduled in each department?
What is the slack time in each department?

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