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Reptile [31]
3 years ago
10

A goal programming problem had two goals (with no priorities assigned). Goal number 1 was to achieve a profit of $2,400 and goal

number 2 was to have no idle time for workers in the factory. The optimal solution to this problem resulted in a profit of $2,300 and no idle time. What was the value for the objective function for this goal programming problem?
Business
1 answer:
topjm [15]3 years ago
7 0

Answer:

100

Explanation:

Goal programming is an optimization technique that allows for multiple, normally conflicting objectives and then attempts to solve each goal sequentially to a satisfactory level. In goal programming, differential variables are being used.

Since the goal programming problem had two goals. Goal number 1 was to achieve a profit of $2,400 and goal number 2 was to have no idle time for workers in the factory. The optimal solution to this problem resulted in a profit of $2,300 and no idle time

This means that goal number 2 was achieved since the optimal solution resulted in no idle time. But goal number 1 was not achieved because a profit of $2300 was achieved in the solution instead of $2400.

Therefore, the value for the objective function for this goal programming problem = 2400 - 2300 = 100

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Addison Corporation is considering the purchase of equipment that would increase sales revenues by $250,000 per year and cash op
yaroslaw [1]

Answer:

17.5%

Explanation:

depreciation = 400,000 / 5 = 80,000

return = $250,000 - %100,000 - $80,000 = 70,000

70,000 / 250,000 =

6 0
2 years ago
On February 1, 2017, Nelson Corporation purchased a parcel of land as a factory site for $320,000. An old building on the proper
vladimir2022 [97]

Answer:

$335000 and $1425000

Explanation:

The values given are:

-Demolition of old building=$ 20,000

-Architect's fees=$35,000

-Legal fees for title investigation and purchase contract=$5,000

-Construction costs=$1,390,000

-Salvaged materials resulting from demolition=$10,000

-Cost of factory site= $320000

Therefore,

1) The cost of land is:

$320000+$5000+$20000-$10000

= $335000

2) The cost of the new building is:

$35000+$1390000

= $1425000

Thus, the cost of the land and new building is $335000 and $1425000 respectively.

4 0
3 years ago
A parcel of vacant land 80 feet wide and 200 feet deep was sold for $2000 per front foot. how much money would a broker receive
Vlad1618 [11]

First, calculate the area of the vacant land by multiplying the given dimensions.

<span>                                    Area = (80 ft)(200 ft) </span>

<span>                                                Area = 16000 ft^2</span>

 

Then, multiply the calculated area with the given price per ft^2.

<span>                                    Total price = ($2000/ft^2)(16,000 ft^2)</span>

<span>                                    Total price = $32,000,000</span>

 

The 10% commission of selling the land is equal to $3,200,000.

The money that the broker will receive will be 60% of the commission.

<span>                                    = (0.6)($3,200,000)</span>

<span>                                    = <span>$1,920,000</span></span>

6 0
3 years ago
Which of the following is an advantage of buying a home?
kompoz [17]
The answer which is an advantage of buying a home is tax benefits. You will get many benefits from buying a home, more than if you were renting it.
4 0
3 years ago
Read 2 more answers
Which of the following would have the least amount of influence on a manager's choice of whichinputs to employ in a production p
love history [14]

Answer:

The least important is the Option A "The price of a competitor's output". It has no influence in the decision of the manager about the inputs in the production process. The choice of inputs will depend on the technology, prices of the inputs and their marginal productivities.

Explanation:

The least important is the Option A "The price of a competitor's output". It has no influence in the decision of the manager about the inputs in the production process. The choice of inputs will depend on the technology, prices of the inputs and their marginal productivities.

Option B: The technology of the production process could affect the decision about the inputs employed because they are closely related.

Option C: The marginal productivity affect the decision about the inputs because it determines how the productivity can be maximized.

Option D: The prices of the inputs affect the decision because low price inputs (related with their marginal productivity) will be prefer to the high price inputs.

6 0
3 years ago
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