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goldenfox [79]
3 years ago
6

Help me pleaseee!!!!

Business
1 answer:
Allisa [31]3 years ago
8 0
A, type of economy ($)
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A manager must decide on the mix of products to produce for the coming week. Product A requires three minutes per unit for moldi
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Check the explanation

Explanation:

Going by the question above we will have to first work on the

Formulation of LP:

Maximize profit

Z = 1.5A+1.5B where A - number of units of product A and B - number of units of product B

subject to constraints -

600 minutes available for molding

3A+2B <=600 ---> Molding constraint---> 1

600 minutes available for painting

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420 minutes available for packing

A+3B<=420 ---> Packing constraint---> 3

A, B, C >=0 ---> Non-negative constraint ---> 4

b) Solution with the help of Excel solver:

Target cell will be the RHS or profit value of the objective function as we are maximizing the profit.

Changing cells will be A and B ---> number of units of products

Constraints will be entered as below. The same are also listed in part A (1,2,3,4).

The attached images below are the formulation.

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Creating a __________ may be one of the most difficult tasks that will fall to the disaster recovery teamleader.A.need for the p
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Product Units Cost per Unit Market per Unit Helmets 40 $ 62 $ 58 Bats 33 80 112 Shoes 54 99 103 Uniforms 58 44 44 Compute the lo
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Answer:

Helmet = $2,320

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Explanation:

The accounting standard accounting for inventories (IAS 2) states that inventory should be initially recognized at cost. Subsequently, Inventory is to be carried at the lower of cost or net realizable value.

The net realizable value is sometimes estimated as the market value.

For Helmets

Cost = $62 Market value = $58

Lower value = $58

Number of units = 40

Ending inventory value = $58 × 40 = $2,320

For Bats

Cost = $80 Market value = $112

lower value = $80

Number of units = 33

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For Shoes

Cost = $99 Market value = $103

Lower value = $99

Number of units = 54

Ending inventory value = $99 × 54 = $5,346

For Uniforms

Cost = $44 Market value = $44

Lower value = $44

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Ending inventory value = $44 × 58 = $2,552

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