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Vera_Pavlovna [14]
4 years ago
5

Kalyan Singhal Corp. makes three products, and it has three machines available as resources as given in the following LP problem

:Maximize contribution = 6X1 + 8X2 + 4X3Subject to:1X1 + 7X2 + 4X3 <= 72(hours on machine 1)2X1 + 1X2 + 7X3 <= 76 (hours on machine 2)8X1 + 4X2 + 1X3 <= 72 (hours on machine 3)X1, X2, X3 >=0(a) Determine the optimal solution using LP software. the optimal achieved isX1=X2-X3=contribution =(b) Is there unused time available on any of the machines with the optimal solution?(c) What would it be worth to the firm to make an additional hour of time available on the third machine?(d) How much would the firm’s profit increase if an extra 15 hours of time were made available on the second machine at no extra cost?

Business
1 answer:
alukav5142 [94]4 years ago
4 0

Answer:

a) X1=5.64

X2=4.57

X3= 8.59

Optimal solution=104.77

b) Additional hour on machine 3 = 105.42 – 104.77 = 0.64

c) Additional 15 hours on machine 2 = 105.37-104.77 = 0.6

Explanation:

Please consider the data provided by the exercise. If you have any question please write me back. All the exercises are solved in a single sheet with the formulas indications.  SOLVED WITH EXCEL SOLVER.

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Southwest Airlines and Carnival Cruises collaborated to market "fly and cruise" specials from major cities to Carnival's ports i
zheka24 [161]

Answer: Cross-promotion

Explanation:

Southwest airlines and Carnival cruises are engaged in a Cross-promotion, where the both companies services are used to promote to other.

Cross-promotion simply is a business concept, whereby a product/service is used to promote another product/service. An example is a soft drink production company promoting the consumption of their soft-drink products with snacks produced by a particular popular fast-food restaurant.

4 0
4 years ago
The following is cost information for the Creamy Crisp Donut Company.Entrepreneur's potential earnings as a salaried worker = $5
jarptica [38.1K]

Answer:

Creamy Crisp's total revenues exceed its total costs, including a normal profit, by $366,000

Explanation:

Creamy Crisp's total revenue exceeds its total cost, including a normal profit by =

When answering this we use all the actual costs and revenue and all the hypothetical figures, or the opportunity costs and revenue as we need to calculate total revenue exceeding costs and normal profits.

Total revenue actual + potential = Entrepreneur's potential earnings as a salaried worker $50,000 + Annual revenue from operations $380,000 + Value of entrepreneur's talent in the next best entrepreneurial activity $80,000 + Entrepreneur's forgone interest on personal funds used to finance the business $6,000

= $516,000

Total costs = Payments to workers $120,000 + Utilities (electricity, water, disposal) costs $8,000 + Annual lease on building = $22,000

= $150,000

Creamy Crisp's total revenues exceed its total costs including a normal profit by $516,000 - $150,000 = $366,000

Since normal profit is included and not excluded normal profit shall not be computed separately and the final answer is $366,000

4 0
3 years ago
What role do sources play in validating an argument? Are we able to rely on the internet to provide complete and truthful inform
Andrej [43]

Incomplete question. However, I answered from a general research perspective.

<u>Explanation:</u>

<em>What role do sources play in validating an argument?</em>

Well, the term source basically refers to the originator of any information. We have sources that are considered <em>credible sources</em> (like Encyclopedia, Journal Magazine, Newspaper, etc) and others that are considered <em>incredible sources </em>(general social media post). Knowing the kind of source could thus help validate an argument.

Relying on the internet to provide complete and truthful information is difficult considering the amount of fake news available today.

8 0
3 years ago
Indicate whether each of the following transactions represents an increase in net exports, a decrease in net exports, an increas
iris [78.8K]

Answer:

(a). A worker at a Sony plant in Japan buys some Georgia peaches from an American farmer.

-<u> Increase in exports while no change in imports</u>.

(b). The Sony pension fund buys a bond from the U.S. Treasury.

- <u>Decrease in a net outflow of capital. Thus, it would be considered as a negative inflow/outflow</u>.

(c). An American investor buys a controlling share in a South Korean electronics firm.

- <u>Increase in Net Capital outflow for the U.S</u>.

Explanation:

Exports are described as the selling of domestic goods to a foreign country while Imports are characterized as the process of bringing in foreign goods to the domestic country. And Capital outflow is defined as the exact flow of funds from domestic to foreign and foreign to the domestic country.

In the first case, the purchase reflects a rise in exports as the domestic product is sold to the foreign country. In the second situation, the net outflow of the capital would decreases as it demonstrates a foreign purchase of a domestic asset. In the third example, the American investors' purchase of a South Korean firm demonstrates a domestic purchase of a foreign asset and thus, the net capital outflow would rise.

7 0
3 years ago
A securities analyst reports that a cyclical change in non-durable goods has occurred on the downside over the last quarter. Whi
Stella [2.4K]

Answer:

D) Shares in a brewery

Explanation:

Beer is not a durable good, and the security analyst reported non-durable goods are not going to perform well. The analyst didn't specify which non-durable goods would not perform well, but beer is the only possible option. The other three alternatives all relate to durable goods (steel, industries, home appliances).

6 0
3 years ago
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