A small construction firm specializes in building and selling single-family homes. The firm offers two basic types of houses, mo
del A and model B. Model A houses require 4000 labor hours, 2 tons of stone and 2000 board feet of lumber. Model B houses require 10000 hours of labor, 3 tons of stone and 2000 board feet of lumber. The firm has currently 400000 hours of labor, 150 tons of stone and 200000 board feet of lumber. Model A yields $1000 profit and model B yields $2000 profit.Assume that the firm is able to sell all units it can build. What mix of Model A and Model B units should the firm construct to maximize the profit?
1 answer:
You might be interested in
Answer:
Rounded to next whole number:
N=3 kanban card sets
Explanation:
Given:
Number of gauges per hour=D=5 gauges per hour
Gauge cluster housing Transported=C=6
Hours for housing replenishment = T=2 hours
Safety Stock Percentage=P=40%
Find:
Number of kanban card sets needed=N=?
Solution:
Formula According to above mentioned Alphabets
Rounded to next whole number:
N=3 kanban card sets