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
Nonamiya [84]
3 years ago
14

Quality Air Conditioning manufactures three home air conditioners: an economy model, a standard model, and a deluxe model. The p

rofits per unit are $57, $93, and $141, respectively. The production requirements per unit are as follows:
Number of
Fans Number of
Cooling Coils Manufacturing
Time (hours)
Economy 1 1 8

STandard 1 2 12

Deluxe 1 4 14

For the coming production period, the company has 320 fan motors, 380 cooling coils, and 3200 hours of manufacturing time available. How many economy models (E), standard models (S), and deluxe models (D) should the company produce in order to maximize profit? The linear programming model for the problem is as follows:

Max 57E + 93S + 141D
s.t.
1E + 1S + 1D ≤ 320 Fan motors
1E + 2S + 4D ≤ 380 Cooling coils
8E + 12S + 14D ≤ 3200 Manufacturing time
E, S, D ≥ 0
The sensitivity report is shown in the figure below.

Optimal Objective Value = 20400.00000
Variable Value Reduced Cost
E 260.00000 0.00000
S 60.00000 0.00000
D 0.00000 24.00000
Constraint Slack/Surplus Dual Value
Fan motors 0.00000 21.00000
Cooling coils 0.00000 36.00000
Manufacturing time 400.00000 0.00000
Variable Objective
Coefficient Allowable
Increase Allowable
Decrease
E 57.00000 12.00000 10.50000
S 93.00000 21.00000 8.00000
D 141.00000 24.00000 Infinite
Constraint RHS
Value Allowable
Increase Allowable
Decrease
Fan motors 320.00000 60.00000 130.00000
Cooling coils 380.00000 100.00000 60.00000
Manufacturing time 3200.00000 Infinite 400.00000
a. Identify the range of optimality for each objective function coefficient. If there is no limit, then enter the text "NA" as your answer. If required, round your answers to one decimal place.

Objective Coefficient Range
Variable lower limit upper limit
E
S
D
b. Suppose the profit for the economy model (E) is increased by $6 per unit, the profit for the standard model (S) is decreased by $2 per unit, and the profit for the deluxe model (D) is increased by $4 per unit. What will the new optimal solution be? If required, round your answers to three decimal places. If your answer is zero, enter "0".

Optimal Solution
E
S
D
If required, round your answer for Total Profit to two decimal places.

Total Profit: $

c. Identify the range of feasibility for the right-hand-side values. If there is no limit, then enter the text "NA" as your answer. If required, round your answers to one decimal place.

Right-Hand-Side-Range
Constraints lower limit upper limit
Fan motors
Cooling coils
Manufacturing time
d. If the number of cooling coils available for production is increased by 120, will the dual value for that constraint change?

YES because the allowable increase for cooling coils is _____ without changing the optimal solution.

Business
1 answer:
Genrish500 [490]3 years ago
7 0

Answer:

Detailed solution is given below:

You might be interested in
Brandon grew up working on a farm but went to school to become an accountant. He decides to put all of his knowledge to work.
Angelina_Jolie [31]

Answer:B. Running his own small farm.

Explanation:

Having got the exprience in running a farm, couple with his financial and managerial knowledge from Accounting will help him to be successful.

8 0
3 years ago
What is meant by taking the stand? Choose all that apply.
amm1812
I think it’s 3 and 4 as the answer.
8 0
3 years ago
Read 2 more answers
Match the terms below with the following definition:
GalinKa [24]

Answer:

1. B

2. A

3. D

4. C

Explanation:

1. Activity variance

B) the difference between a revenue or cost item in the flexible budget and the same item in the planning budget.

The activity variance is as a result of difference between the actual level of activity in the flexible budget to the assumed level of activity in the planning budget.

2. Planning budget

A) a budget created at the beginning of the budgeting period that is valid only for the planned level of activity.

Planning budget is a process of evaluating earnings and expenses and project their monetary intakes and outtakes for the future made by  an individual or company.

3. Flexible Budget

D) a report showing estimates of what revenues and costs should have been, given the actual level of activity for the period.

Flexible budget adjusts with changes in volume and activity

4. Spending variance

C) the difference between the actual amount of the cost and how much the cost should have been, given the actual level of activity

This is unfavorable if the actual cost is greater than what the cost should have been and favorable if the actual cost is less than what the cost should have been.

6 0
3 years ago
Gustavson Corporation uses the direct method to allocate service department costs to operating departments. The company has two
trapecia [35]

Answer:

C) $340,240

Explanation:

                                     Service Department  Operating Department

                                  Administrative Facilities  Assembly Wholesaling

Departmental costs $26,840     $59,400   $183,430   $321,190

Employee time (hours)      4,000       2,000     29,000 15,000

Space occupied - sq ft     2,000       2,000     30,000  6,000

total administrative costs = $26,840

total employee hours = 29,000 + 15,000 = 44,000

administrative cost per employee hour = $26,840 / 44,000 = $0.61

total facilities costs = $59,400

total square feet = 30,000 + 6,000 = 36,000

administrative cost per employee hour = $59,400 / 36,000 = $1.65

total Wholesaling Department cost = $321,190 + ($0.61 x 15,000) + ($1.65 x 6,000) = $321,190 + $9,150 + $9,900 = $340,240

5 0
3 years ago
In a private placement of bonds, bonds may be sold to
Wittaler [7]

The bonds in private placement can only be sold to the pre-selected investors and institutions.

The private placement means an private alternative to the process of issuing bonds which are previously publicly offered for the purpose of raising capital for the corporation.

The Private placement involves the offers or sales of debt/equity securities between the issuer and selected investors.

Therefore, in conclusion, the bonds in private placement can only be sold to the pre-selected investors and institutions.

Learn more about Private placement here

<em>brainly.com/question/15093634</em>

5 0
2 years ago
Other questions:
  • Suppose you manage a local grocery store, and you learn that a very popular national grocery chain (Whole Foods or Walmart) is a
    9·1 answer
  • Cindy Medavoy will invest $7,990 a year for 19 years in a fund that will earn 10% annual interest. Click here to view factor tab
    14·1 answer
  • Which of the following is not an example of risk factors for a multinational company?
    13·1 answer
  • The following transactions were selected from the records of Evergreen Company:
    14·1 answer
  • Multinat is a large corporate with its headquarters in Asia. It wants to open new divisions in Africa and Australia. The company
    5·1 answer
  • All of the following phrases describe a partnership except
    13·1 answer
  • Stefan is having discussions with​ customers, product​ enthusiasts, and other people who engage in online discussions. Which inf
    15·1 answer
  • In a free-market system, producers are most strongly driven by which of the
    15·1 answer
  • Shelby traveled to Mexico to a resort and took $100 in U.S. currency. When she exchanged it for pesos, she received A) 10.3 peso
    6·1 answer
  • Carlos is the VP Sales for a consumer electronics company and has recently been reviewing the performance feedback and employee
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!