An entrepreneur is planning to market a new brand of bottled unsweetened, organic iced tea. The revenue on each bottle of iced ea to be sold has been determined to be $2.33 The entrepeneur needs to decide on the size of of the bottling plan to produce the ced tea. A small bottling plant will have an annual operating cost of 5176K and be able to fill 238K bottles per year. A large bottling plant will have an annual operating cost of $348K and be able to fill 500K bottles per year. Three levels of demand are considered ikely: 10,000, 100,000 and 500,000 bottles per year. Complete parts (a) through (i) below. Demand 10,000 100,000 500,000 Probability 0.5 0.3 0.2 a. Construct a payoff table, indicating the events and alternative courses of action. Select the correct answer below and fill in the answer boxes to complete your choi Do not include the $ symbol in your answers) OA. Action Event Small plant Large plant 10,000 100.000 500,000 OB. Event Install Do Not Install 75 Action 150 300

How to communicate requirement for a project

Question 9

Question 3 A Company produces five products using two machines, two raw materials and labour. The profit per unit for each product, availability of each resource and the requirement of each resource for each product are as below Excel sheet. In addition, each product has a maximum market demand. The company does not wish to exceed this for any product. The objective is to maximise profit subject to availability of resources and market demands. A 1 2 Prod 1 3 Prod 2 4 Prod 3 5 Prod 4 6 Prod 5 7 8 B 15. 384615 30. 769231 9 10 Prod 1 11 Prod 2 12 Prod 3 13 Prod 4 14 Prod 5 15 16 17 18 Total Profit 19 2838. 4615 0 200 100 C D Max Market Profit/unit 100 50 50 200 100 Machine Machine 2 0.3 0.5 0.4 0.5 0.4 0.8 0.6 0.9 0.5 0.4 $6.00 $8.00 $5.00 $9.00 $7.00 E F Material 1 Material 2 Labour 0.5 0.7 0.4 0.8 0.2 0.9 0.3 0.6 0.4 0.5 Machine 160 K Machine 170.76923< Material 1 120< Material 2 205.38462 Labour 137. 69231 0.6 0.6 0.5 G 0.4 0.3 H I Avail 160 400 120 280 300

Do it with refrences

Day 17 Problem The following data is from Penny’s Purse Company.  They budgeted to manufacture and sell 2,000 purses but actually manufactured and sold 1,900 purses.  The following data is provided: Price and Variable Costs Per Unit: Standard Actual Sales Price $75.00 $85.00 Direct Materials Cost 8.00 9.00 Direct Labor Cost 12.00 10.00       Expected Fixed Costs in Total:     Manufacturing $95,000 $75,000 General, Selling, and Administrative 40,000 45,000         Calculate the flexible budget variances for Penny’s Purse Company and indicate whether each variance is Favorable (F) or Unfavorable (U)

If a company wants to have a sports day at the resort where you work, with lunch followed by a dinner and casino night, with whom do they need to coordinate?   Question 14 options:   a)  With the caterer and the sports complex manager.   b)  With the company contact, resort restaurant, and tennis pro.   c)  With the sales department, convention services, and banquet manager.   d)  With caterers, guest services, and the media manager.

Q:                                                             Final    Reduced  Objective       Allowable    Allowable Cell         Name                                    Value    Cost     Coefficient      Increase     Decrease $B$5 consider Cake (C)                           0        -0.5             4.5                0.5           1E+30 $C$5 consider Dozen Cookies (D)           10         0               10               1E+30           1   what does the value minus .5 for the reduced cost of C mean (other than it is the change in thevalue of the coefficient in the objective function so that the solution includes a positive amountof C)?