ADEFGHJK1Hair DryersA company makes two models of hair dryers, model A and model B. Each dryer must be assembled and packed.Model A requires 10 minutes to be assembled and model B requires 20 minutes. It takes 4 minutes to package modelA and 2 minutes to package model B.3456The company finds that there are no more than 4 hours per day for assembly and 1 hour for packing. If the companymakes a $2 profit on each model A sold and a $3 profit on each model B, how many of each model should be made78per day to maximize the profit? What is the maximum profit per day the company can make?910111213141516171819202122232425262728293031323334353637383940414243444546474849

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Answered: A company makes two models of hair…

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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Breakeven between Two AlternativesGiven:Option A – Buying a MachineFC = 400,000.00 pesosSV = 80,000.00 pesosi = 10.00%n = 8 yearsAnnual Maintenance cost = 5,000.00 pesos/yearProduction cost = 800.00 pesos/dayOutput = 40 units/dayOption B – Manual ManufacturingAnnual cost = 30,000.00 pesos/yearProduction cost = 1200.00 pesos/dayOutput = 30 units/daya. Option A Annual Cost Equation = ?b. Option B Annual Cost Equation = ?c. Units per year for Breakeven = ?
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XYZ Corporation operates two plants, each of which has a capacity of 170 units per day. Each day, XYZ must ship their product to each of four customers. Customers A, B, and C each have a demand of 12 units per day while customer D has a demand of 304 units per day. The cost of shipping one unit of each product from each of the two plants to each of the customers is shown in the table below. Customer A Customer B Customer C Customer D Plant 1 20 15 14 24 Plant 2 25 25 23 19 a. How many units should XYZ ship from each plant to each customer? (Leave no cells blank-be certain to enter "O" wherever required. Round your answer to the nearest whole number.) Customer A Customer B Customer C Customer D Plant 1 Plant 2
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Justin is a carpenter and makes furniture which he sells via the internet. He needs a new machine with steel attachments to speed up the drilling process for his work. He contacts Fixing and Building Machines Ltd who recommends a machine which they claim is more than 10 times quicker and stronger than his old machine. Justin goes into Fixing and Building Machines Ltd. Before paying for the machine, he sees a sign on the wall behind the counter that has the words “Important Information: READ BEFORE PURCHASE! Fixing and Building Machines Ltd accepts no liability.....” in bold, red print at the top. However, the sign is falling down from the wall and the rest of the words are obscured by a large plant. Had Justin been able to read the rest of the sign, he would have read “....for loss howsoever caused.” Justin signs a document, buys this machine and takes it with him. When he tried it he found it to be no quicker than his old one and the attachments broke. He also found that it started…
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The Chineke Group of Company manufactures two products, namely product B and product P, and provides you with the following information: Prod. B Prod. P Selling price per unit 80.00 50.00 Less cost of sales: Direct material A @ R5.00 per kg 15.00 10.00 Direct material B @ R4.00 per kg 8.00 12.00 Direct labour @ R6.00 per hour 12.00 6.00 Variable manufacturing overhead @ R5.00 per labour hour 10.00 5.00 Fixed manufacturing overhead per unit 5.00 5.00 Gross profit 30.00 12.00 Less sales & administrative costs: Variable 6.00 4.00 Fixed 10.00 5.00 Net profit per unit 14.00 3.00 Take note of the following constraints: Material A available 360 kg Material B available 360 kg Labour hours available…

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