As a toy builder you enjoy making toys for both fun and profit. For your latest production batch,you need to decide how many of each toy to make. The four types of toys you make are airplanes,helicopters, bus, and cars.To build an airplane you need 3 blue blocks, 2 green rods, and 1 red wheel. To build a helicopteryou need 2 blue blocks, 4 green rods, and 1 red wheel. To build a bus you need 1 blue blocks, 3green rods, and 4 red wheel. To build a car you need 1 blue block, 2 green rods, and 4 red wheels.Your profit margins for each toy are as follows: Airplane P7, Helicopter P8, Bus P6, Car P5.The parts available to you are as follows: 30 blue blocks, 44 green rods, and 50 red wheels. It isok to have leftover parts.Question: What is the maximum profit you can achieve? Workforce management is central to efficient operations and good customer service.Proper scheduling of employees can mean the difference between profitability and businessfailure.As the manager of a popsicle stand, you are required to hire and set the weekly workschedule for your employees. The required staffing levels for the week are as follows.Total employees required: Monday=5, Tuesday=7, Wednesday=7, Thursday=10,Friday=16, Saturday=18, Sunday=12. Assume the same staffing requirements continueweek after week.Full Time employees work 5 consecutive days and earn $100 per day. Part Time employeeswork 2 consecutive days and earn $150 per day.Question: What is the minimal weekly staffing cost you can achieve while meeting therequired staffing levels? 2/2012

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Answered: As a toy builder you enjoy making toys…

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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