1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
k0ka [10]
3 years ago
8

A population gathers plants and animals for survival. They need at least 360 units of​ energy, 300 units of​ protein, and 8 hide

s. One unit of plants provides 30 units of​ energy, 10 units of​ protein, and 0 hides. One animal provides 20 units of​ energy, 25 units of​ protein, and 1 hide. Only 27 units of plants and 23 animals are available. It costs 20 hours of labor to gather one unit of a plant and 10 hours for an animal. Find how many units of plants and animals should be gathered to meet the requirements with a minimum number of hours of labor.

Business
1 answer:
stellarik [79]3 years ago
4 0

Answer:

0 units of plants and 18 animals.

Explanation:

From the information provided, we know that this population must hunt at least 8 animals, to obtain the hides necessary to survive. When hunting such a quantity of animals, they would also obtain 160 units of energy and 200 units of protein. In terms of costs, this equals 80 hours of labor.

How can the population obtain the additional 200 units of energy and 100 of protein they need to live? They have two options: gather plants or keep hunting animals, of course, respecting the available quantities.

In the former case, at least 10 units of a plant would have to be gathered, this is the only way to obtain the additional units of energy and protein they are looking for. With 8 animals and 10 units of plants, they would have 460 units of energy, 300 of protein and 8 hides, and would have to invest 280 hours of labor.

If the population decided to reduce labor by gathering fewer plants (which is the activity that requires more time) but hunting the same amount of animals, it would obtain 430 units of energy, 290 units of protein and 8 hides. That means that it would not survive because it would not meet the requirement of 300 proteins.

Therefore, the only way to reduce hours of labor without risking survival would be gathering fewer plants but hunting more animals. Following this logic, the optimal amount would be 18 animals and 0 units of plants, as this would allow people to obtain the necessary resources to survive at the minimum cost in terms of labor. Furthermore, it would fit the physical limit of 27 units of plants and 23 animals. This combination would allow to obtain 360 units of energy, 450 of protein and 18 hides by investing only 180 hours of labor.

The attached image shows what happens when the quantity of animals is increased and that of plants is decreased until reaching the optimal combination of 18 animals and no units of plants.

You might be interested in
PA1.
kolezko [41]

Question: Colonels uses a traditional cost system and estimates next years overhead will be $480,000, with the estimated cost driver of 240,000 direct labor hours. It manufactures three products and estimates these costs:

                                          Small       Medium     Large

Units                                 32,000       12,000      4,000

Direct Material cost             $5              $8            $9

Direct Labor Hrs / Unit       4 Hrs         6 Hrs       10 Hrs

If the labor rate is $25 per hour, what is the per-unit cost of each product?

Answer:

Step 1: Identify Absorption Basis

Here, absorption basis is Labor hours.

Step 2: Find the Overhead Absorbed Rate by dividing total Overhead by total absorption basis.

The formula is as under:

Overhead Absorbed=Total Overhead / Total Absorption Basis... Equation 1

By putting values in Equation 1:

Overhead absorption Rate OAR =$480,000 / 240,000 Machine Hrs = $2 per Labor hour

Step 3: Now calculate overhead per unit for product Small, Medium and Large by simply multiplying OAR with Direct Labor hours consumed per unit

Overhead per unit for Product X= OAR * Direct Labor hours consumed per Product X....................Equation 2

Now simply put the values in Equation 2 of direct labor used by each product and calculate Overhead per unit.

For Product Small:

Overhead per unit for Product Small=  $2 * 4 direct labor hours= $8 per unit

For Product Medium:

Overhead per unit for Product Medium=  $2 * 6 direct labor hours= $12 per unit

For Product Large:

Overhead per unit for Product Large=  $2 * 10 direct labor hours= $20 per unit

Step 4: Add the per unit prime cost to Overhead cost per unit calculated in the Step 3 to calculate the total unit cost of the product. Prime cost is the sum of all direct costs. In this question, Prime cost includes Direct labor cost and Direct material cost.

Now first of all find prime cost of each product by using following formula:

Prime cost per unit for Product X= (Direct material cost per unit of Product X) + (Direct labor cost per unit of Product X)............Equation 3

Thereafter add prime cost to overhead unit cost calculated in step 3.

For Product Small:

Prime cost per unit for Small= ($5 per unit) + ($25 per direct labor hour * 4 number of direct labor hours)=$5 per unit + $100 per unit= $125 per unit

Total Unit cost of product Small= Overhead cost per unit for Small + Prime cost per unit for Small =$125 per unit + $8 per unit=$133 per unit

For Product Medium:

Prime cost per unit for Medium= ($8 per unit) + ($25 per direct labor hour * 6 number of direct labor hours)=$5 per unit + $150 per unit= $155 per unit

Total Unit cost of product Medium= Overhead cost per unit for Medium + Prime cost per unit for medium =$155 per unit + $12 per unit=$167 per unit

For Product Large:

Prime cost per unit for Large= ($9 per unit) + ($25 per direct labor hour * 10 number of direct labor hours)=$9 per unit + $250 per unit= $259 per unit

Total Unit cost of product Large= Overhead cost per unit for Large + Prime cost per unit for Large =$259 per unit + $20 per unit=$279 per unit

6 0
3 years ago
The gold standard for inmate vocational programs is:
noname [10]
UNICOR is the gold standard for inmate vocational
3 0
4 years ago
Please answer in opinion, if you were to start a business choose which one that would have the most profit.
fredd [130]
I say the Olympic host because hosting something that big would cost a lot of money. More would be going out than coming in because, 1. Hosting on it's own is very expensive and 2. giving away awards gets pretty spendy too. :D
5 0
3 years ago
Read 2 more answers
Briefly explain whether each of the following is primarily a microeconomic issue or a macroeconomic issue.
BigorU [14]

Answer: Micro; Macro; Macro; Micro.

Explanation:

Economics is divided into two main segments which are microeconomics and macroeconomics. It should be noted that microeconomics deals with study of individuals and the firms while macroeconomics studies the while economy and looks at decisions that are made by governments and countries.

a. The effect of higher cigarette taxes on the quantity of cigarettes sold.

This is a microeconomic issue as one entity is being discussed which is cigarette and the issue is related to just one particular industry.

b. The effect of higher income taxes on the total amount of consumer spending.

This is a macroeconomic issue as taxes affects the whole economy. The whole nation is affected by this decision.

c. The reasons for the economies of East Asian countries growing faster than the economies of sub-Saharan African countries.

This is a macroeconomic issue as it relates to different countries.

d. The reasons for low rates of profit in the airline industry.

This is a microeconomic issue as the issue affects just the airline industry.

5 0
4 years ago
You read a newspaper article in the business section of a newspaper. The author is a licensed financial advisor with a degree in
Anastasy [175]

C.-

reliable but irrelevant


4 0
3 years ago
Read 2 more answers
Other questions:
  • Kkenneth caplan is a salaried employee who normally works a 371⁄2-hour week and is paid a weekly salary of $675.00. the agreemen
    5·1 answer
  • Binkers, LLC and Toves Inc. have merged, doubling the number of production facilities. To help decide which facilities to keep o
    13·1 answer
  • Which of the following is NOT a way online advertising can be purchased?
    7·1 answer
  • Carson’s Ribs, Inc. has hired you to calculate its WACC. • Debt: It currently issues 10-year bonds with an annual coupon of 5.5%
    13·1 answer
  • (Consider This) An exception to the advice "go to college, stay in college, and earn a degree" occurs when: A. the opportunity c
    10·1 answer
  • Corrigan Enterprises is studying the acquisition of two electrical component insertion systems for producing its sole product, t
    15·2 answers
  • Why is consumer spending the most essential element toward reversing a recession/depression?
    10·1 answer
  • Suppose you have a fixed amount of income and spend equal amounts on two goods, X and Y. The price of good X is Px = $10, and th
    13·1 answer
  • If something happens to alter the quantity supplied at any given price, then.
    14·1 answer
  • When a corporation has only one class of stock, the stock is called:
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!