The sanitary landfill charges companies $200per load and individuals $50 per load. Onaverage, 90 companies tip their trucks eachday at the landfill with a standard deviation of30. There is time only for 110 deliveries in anycombination of companies and individualsthroughout the course of an eight-hour day.Company dump trucks enter through Gate Aand individuals enter through Gate B.Individual demand is plentiful – often thereare individuals turned away due to lack ofcapacity. It costs the landfill $30 to process acompany dump truck and $15 to process anindividual load. What is the expected profit forone day if the landfill allocates the optimalquantity of capacity to company trucks andindividuals fill up the remainder of theсараcity?-

Production is the process in which inputs are combined to have the required output. It includes a…

Answered: individual load. What is the expected…

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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A large bakery buys flour in 25-pound bags. The bakery uses an average of 1,215 bags a year. Preparing an order and receiving a shipment of flour involves a cost of $10 per order. Annual carrying costs are $75 per bag. a. Determine the economic order quantity. (Round your final answer to the nearest whole number.) Economic order quantity bags b. What is the average number of bags on hand? (Round your final answer to the nearest whole number.) Average number of bags c. How many orders per year will there be? (Round your final answer to the nearest whole number.) Number of orders per year d. Compute the total cost of ordering and carrying flour. (Round your final answer to the nearest whole number. Omit the "$" sign in your response.) Total cost $ e. If annual holding costs were to increase by $9 per bag, how much would that affect the minimum total annual cost? (Round your intermediate calculations to 2 decimal places and final…
The ticket for Marwan Khoury's concert is tangible; however the concert itself cannot be seen before the concert's date and time, a characteristic known as service Maman Kheuny 小te O Perishability O Intangibility O Inseparability Variability
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individual load. What is the expected profit for one day if the landfill allocates the optimal quantity of capacity to company trucks and individuals fill up the remainder of the capacity?