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By how much can I increase the profit per Small Sofa before the solution shifts to another corner point?
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- At an Oxford grocery store, the manager Jenny Produce buys lettuce each day to ensure really fresh produce. In her focus on quality, each morning any lettuce that is left from the previous day is sold to a dealer that resells it to farmers who use it to feed their animals. This week Jenny can buy fresh lettuce for $10.00 a box. The lettuce is sold for $22.00 a box and the dealer that sells old lettuce is willing to pay $2.00 a box. Past history says that tomorrow's demand for lettuce averages 270 boxes with a standard deviation of 44 boxes. How many boxes of lettuce should Jenny purchase tomorrow? (Use Excel's NORMSINV() function to find the Z-score. Round intermediate calculations to four decimal places. Round your answer to the nearest whole number.) I have asked this 3 times and nobody has got it right.Aqua Man Company manufactures and sells a single product. Planned and actual production in its first year of operation was 100,000 units. Planned and actual costs for the year were as follows: Manufacturing Non-manufacturing Variable P600,000 P500,000 Fixed P400,000 P300,000 The company sold 85,000 units of product at a selling price of P30 per unit. Using absorption costing, the company’s operating profit was Select one: a. P1,020,000 b. P975,000 c. P900,000 d. P750,000XYZ 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?
- A company is operating in two unrelated businesses. The first one is making common salt, which is sold in one kilogram consumer packs. The second business is making readymade garments. The owner of the businesses has decided to implement Materials Requirement Planning (MRP) in one of the two businesses, which is likely to give him greater benefit. Assuming that the current turnover and profits of both the units are comparable, compare the relative benefits and limitations of Materials Requirement Planning (MRP) for these two businesses.Please calculate the sensitivity analysis of NPV increase in 10%, 30%, and 50%. NPV (current) natural forest 70141.71 protective forest 123582.50 agroforestry & terracing 263.11 Beekeeping 198275.14 Cookstoves 61490651For a replacement analysis, the cost of a challenger is $(10,000 + D8 × 100) and the current market value of the defender is $(2,000 + D8 × 50). Given that the MARR is 10% per year. The market values (MV) and the annual operating and maintenance costs (AOC) are listed as follows. D8 = 5 ΕΟΥ Defender Challenger MV ($) АОC (S) MV (S) АОС ($) 1 1000 1000 3000 2 500 3000 2000 1500 3 6000 1000 3000 4 8000 500 6000 (a) Find the economic life (minimum EUAC) of the challenger. (b) Find the most economical period to keep the defender before replacing by the challenger.
- What relationship between x and y is suggested by the scattergram? OA a quadratic relationship with downward concavity OB. a linear relationship with positive slope OC. a linear relationship with negative slope D. a quadratic relationship with upward concavityA machine can be purchased at t = 0 for $20,000. The estimated life is 5 years, with an estimated salvage value of zero at that time. The average annual operating and maintenance expenses are expected to be $5,500. If MARR = 10%, what must the average annual revenues be in order to be indifferent between (a) purchasing the machine or (b) doing nothing?Well Water Inc. wants to produce and sell a new flavored water. In order to penetrate the market, the product will have to sell at $2.00 per 12 oz. bottle. The following data has been collected: Annual sales 50,000 bottles Projected selling and administrative costs $8,000 Desired profit $70,000 The target cost per bottle is Group of answer choices $0.40. $0.44. $0.60. $0.16.
- The Gorman Manufacturing Company must decide whether to manufacture a component part at its plant or purchase the component part from a supplier. The resulting profit is dependent upon the demand for the product. The following payoff table shows the projected profit (in ten thousand of pesos): state of nature state of nature state of nature Decision Alternative Low Demand S1 Medium DEmand S2 High demand S3 Manufacture, d1 -100 200 500 Purchase, d2 50 225 350 The state-of-nature probabilities are P(s1 ) = 0.35, P(s2 ) = 0.35, and P(s3) = 0.30. a. Use a decision tree to recommend a decision b. Use EVPI to determine whether XY Manufacturing Company should attempt to obtain a better estimate of demand. c. What is the probability that the market research report will be favorable? A test market study of the potential demand for the product is expected to report either a favorable (F) or unfavorable (U) condition. The relevant conditional probabilities are as follows: P…Hayworth Corporation has Just segmented last year's income statement into its ten product lines. The chief executive officer (CEO) is curlous as to what effect dropping one of the product lines at the beginning of last year would have had on overall company profit. What is the best number for the CEO to look at to determine the effect of this elimination on the net operating income of the company as a whole? Multiple Choice the product line's sales dollars the product line's contribution margin the product line's segment margin the product line's segment mergin minus an allocated portion of common fixed expensesThe Case of WHA Food Store WHA is a new food store that is located in Half-Way Tree in Jamaica. Although there is no retail food store in Highgate St. Mary, the owners have decided to place a retail store in the small town, an idea that they have adopted from Walmart retail store, headquartered in the USA. Residents in Highgate and other nearby communities have been lobbying in the local newspapers during recent months for a food store to be placed in the town. To accomplish this this, the owners are currently negotiating with the St. Mary Municipal Corporation for this to happen as no other food store has made this move. Approval for food stores to be established in St. Mary must come through this governmental entity. The prices for the products sold by WHA are very much cheap when compared to similar products sold by other food stores throughout Jamaica. The management of WHA frequently trains its staff to interact professionally and with care with its customers. There is a specific…