A company that operates 10 hrs a day manufactures three products on three process The following table summarizes the data of the problem: Minutes per unit Product Process 1 Process 2 Process 3 Unit price 1 10 8 $4.50 2 5 8 10 $5.00 3 6 12 $4.00 (a) Determine the optimal product mix. (b) Use the dual prices to prioritize the three processes for possible expansion. (c) If additional production hours can be allocated, what would be a fair cost per additional hour for each process?

The K&R Camera shop sells all the latest cameras and accessories. To meet customer demand, the manager must forecast demand for items she sells. Lately the XR-42S zoom lens has been very popular. Recent monthly demand for this item has been as shown: Number of Lenses Month Sold 1 12 17 2 3 4 15 20 18 23 6.

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Mop and Broom Manufacturing has tracked the number of units sold of their most popular mop over the past 24 months. This is shown. Month 1 2 3 4 5 6 7 8 Sales Month 238 249 254 267 277 282 402 296 9 10 11 12 13 14 15 16 Sales 300 327 346 349 353 364 373 363 Month + 17 18 19 20 21 22 23 24 Sales 361 381 375 383 384 401 409 403 a. Develop a linear trend line for the data. (Round your answers to 2 decimal places, e.g.,25.28.) Sales = (month) b. Compute a correlation coefficient for the data and evaluate the strength of the linear relationship. (Round your answer to 2 decimal places, the tolerance is +/-0.01.) Correlation coefficient is . It indicates linear relationship. (Use not rounded amounts to answer this question.) c. Using the linear trend line equation, develop a forecast for the next period,month 25. (Round your answer to 2 decimal places, the tolerance is +/-0.01. Do not round intermediate results used to achieve this answer.) Forecast for month 25 =

4GE 10:01 A company has production costs of item and can produce 270 $15 per items for a total cost of $6,925. The company brings in a total of $3,995 in revenue from selling 85 of these items. Determine each of the following functions. Enter all answers below in slope-intercept form, using exact numbers. a. Find the company's linear revenue function. R(x) b. Find the company's linear profit function. P(x) Submit answer

The Porsche Club of America sponsors driver education events that provide high-performance driving instruction on actual race tracks. Because safety is a primary consideration at such events, many owners elect to install roll bars in their cars. Deegan Industries manufactures two types of roll bars for Porsches. Model DRB is bolted to the car using existing holes in the car's frame. Model DRW is a heavier roll bar that must be welded to the car's frame. Model DRB requires 20 pounds of a special high alloy steel, 40 minutes of manufacturing time, and 60 minutes of assembly time. Model DRW requires 25 pounds of the special high alloy steel, 100 minutes of manufacturing time, and 40 minutes of assembly time. Deegan's steel supplier indicated that at most 36,000 pounds of the high-alloy steel will be available next quarter. In addition, Deegan estimates that 2,000 hours of manufacturing time and 1,700 hours of assembly time will be available next quarter. The profit contributions are $200…

A ski resort has recorded its recent sales as follows (in $$).   Season 2 years ago Last year This year Spring 700 950 900 Summer 450 500 400 Fall 1,150 1,100 1,350 Winter 1,400 1,500 1,600   The resort estimated that the annual demand for the next year will be 4,800. What would be the forecast for next Fall?   Answer: _______

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Please simply answer this easy question posted below

Lakewood Fashions must decide how many lots of assorted ski wear to order for its three stores. Information on pricing, sales, and inventory costs has led to the following payoff table, in thousands. Order size 2 lots 1 lot 1 lot 3 lots (a) Show a regret table. Order size 2 lots 3 lots Low 13 9 6 Low Demand Medium 16 23 38 High 16 38 61 Demand Medium (b) What decision should be made by the optimist? O 1 lot O2 lots O 3 lots (c) What decision should be made by the conservative? O 1 lot O 2 lots O3 lots (d) What decision should be made using minimax regret? O 1 lot O2 lots O 3 lots High Maximum Regret