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In case of a production company which produces 3 different products (RE1, RE2, RE3), we know the following information:   Measuring Unit RE1    RE2    RE3 Quantity unit 3,000,000   4,000,000   5,000,000 Sales Price Euro/unit 2,500   3,000   3,500 Production Cost Euro/unit 1,500   1,500   1,500 Consumption Factor kg/unit 0.02   0.04   0.01   Tasks: a)    Has a company scarce resource if the company has only 250 tons raw material? b)    Calculate the optimal composition of products! c)     Determine the estimated total

In case of a production company which produces 3 different products (RE1, RE2, RE3), we know the following information:   Measuring Unit RE1    RE2    RE3 Quantity unit 3,000,000   4,000,000   5,000,000 Sales Price Euro/unit 2,500   3,000   3,500 Production Cost Euro/unit 1,500   1,500   1,500 Consumption Factor kg/unit 0.02   0.04   0.01   Tasks: a)    Has a company scarce resource if the company has only 250 tons raw material? b)    Calculate the optimal composition of products! c)     Determine the estimated total

Practical Management Science
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
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In case of a production company which produces 3 different products (RE1, RE2, RE3), we know the following information:

 

Measuring Unit

RE1

  

RE2

  

RE3

Quantity

unit

3,000,000

 

4,000,000

 

5,000,000

Sales Price

Euro/unit

2,500

 

3,000

 

3,500

Production Cost

Euro/unit

1,500

 

1,500

 

1,500

Consumption Factor

kg/unit

0.02

 

0.04

 

0.01

 

Tasks:

a)    Has a company scarce resource if the company has only 250 tons raw material?

b)    Calculate the optimal composition of products!

c)     Determine the estimated total sales!

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