Answer: A should be A=200, B should be B=0, and component C should be C=350. This will lead to a maximum profit of$4550.
Explanation:
Let A, B, and C be the number of components of types A, B, and C that the company should manufacture each week. The aim is to maximize the profit. Profit per unit of A, B, and C is $7, $8, and $10, respectively. So, formulate the objective function as follows :MaxP=7A+8B+10C
Answer:
input prices decrease.
Explanation:
Aggregate supply is also called domestic final supply is the total supply of goods and services that is made available in an economy in a given period of time. It looks at the national supply of all goods and services.
If there is a decrease in input prices, supplier's cost of doing business reduces and he will have more money to engage in more production. This will result in increased production and a shift of aggregate supply curve to the right.
This is illustrated in the attached diagram.
Answer:
total manufacturing overhead cost incurred 33,250 dollars
Explanation:
the incurred overhead cost will be the sum of the indirect materials, the indirect labor, the depreciation and and other indirect cost paid or not. Givn our information , there seems to be no additional cost for manufacturing overhead so, actual overhead will be the sum of these:
indirect materials 6,000
indirect labor 9,200
depreciation 4, 750
other cost <u> 13,300 </u>
total 33,250
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