Production and Operations Analysis, Seventh Edition
7th Edition
ISBN: 9781478623069
Author: Steven Nahmias, Tava Lennon Olsen
Publisher: Waveland Press, Inc.
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Chapter 8.2, Problem 21P
(a)
Summary Introduction
Interpretation: It is to be determined that the result obtained from lot-sizing technique is good.
Concept Introduction:
The lot sizing technique is a method which is used as a united method to calculate the net requirements of certain unit. During this technique cost reduction and work efficiency parameters are considered.
(b)
Summary Introduction
Interpretation: The difference in percentage resulted from the optimal solution is to be determined.
Concept Introduction:
The lot sizing technique is a method which is used as a united method to calculate the net requirements of certain unit. During this technique cost reduction and work efficiency parameters are considered.
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53. Following figures are related to LM Ltd. for the yer ending March 31, 2014.
Sales 24000 units @ 200 per unit
P/V ratio-25%; BEP 50% of sales.
You are required to: calculate fixed cost per year; profit earned for the year; units to be sold
to earn a target profit of Rs. 11,00,000 for the year; no. of units to be sold to earn the net
income of 25% on cost; SP per unit, if BEP is to be brought down by 4000 units.
13
37. A large national producer of canned foods plans to purchase 100 combines that are to
be customized for its needs. One of the parts used in the combine is a replaceable blade
for harvesting corn. Spare blades can be purchased at the time the order is placed for
S100 each, but will cost $1,000 each if purchased at a later time because a special pro-
duction run will be required.
It is estimated that the number of replacement blades required by a combine over
its useful lifetime can be closely approximated by a normal distribution with
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Exercises - Management Accounting Concepts and Techniques for Decision Making
16. The Call Company has an available 120 pieces of material M1 and 80 meters of material M2 to produce its
products A and B:
Product A
Product B
Unit Contribution Margin
Required Materials:
Material M1
P 3
P 4
2 pieces
4 meters
5 pieces
2 meters
Material M2
REQUIRED:
a. Objective function - involving maximization of the company's contribution margin.
b. Non-negativity constraint for the decision variables
с.
Constraint function for Material M1
d. Constraint function for Material M2
e. Optimal product mix
Chapter 8 Solutions
Production and Operations Analysis, Seventh Edition
Ch. 8.1 - Prob. 1PCh. 8.1 - Prob. 2PCh. 8.1 - Prob. 3PCh. 8.1 - Prob. 4PCh. 8.1 - Prob. 5PCh. 8.1 - Prob. 6PCh. 8.1 - Prob. 7PCh. 8.1 - Prob. 8PCh. 8.1 - Prob. 9PCh. 8.2 - Prob. 10P
Ch. 8.2 - Prob. 11PCh. 8.2 - Prob. 12PCh. 8.2 - Prob. 13PCh. 8.2 - Prob. 14PCh. 8.2 - Prob. 15PCh. 8.2 - Prob. 16PCh. 8.2 - Prob. 17PCh. 8.2 - Prob. 18PCh. 8.2 - Prob. 19PCh. 8.2 - Prob. 20PCh. 8.2 - Prob. 21PCh. 8.2 - Prob. 22PCh. 8.3 - Prob. 23PCh. 8.3 - Prob. 24PCh. 8.3 - Prob. 25PCh. 8.4 - Prob. 26PCh. 8.4 - Prob. 27PCh. 8.4 - Prob. 28PCh. 8.4 - Prob. 29PCh. 8.5 - Prob. 30PCh. 8.5 - Prob. 31PCh. 8.5 - Prob. 32PCh. 8.5 - Prob. 33PCh. 8.5 - Prob. 34PCh. 8.6 - Prob. 35PCh. 8.6 - Prob. 36PCh. 8.6 - Prob. 37PCh. 8.6 - Prob. 38PCh. 8.6 - Prob. 39PCh. 8.6 - Prob. 40PCh. 8 - Prob. 41APCh. 8 - Prob. 42APCh. 8 - Prob. 43APCh. 8 - Prob. 44APCh. 8 - Prob. 45APCh. 8 - Prob. 46APCh. 8 - Prob. 48APCh. 8 - Prob. 49APCh. 8 - Prob. 50APCh. 8 - Prob. 51AP
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