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cluponka [151]
3 years ago
11

where x1 and x2 represent number of units of production of basic and advanced iPods, respectively. Production time required for

the basic iPod is 6 hours per unit, and production time required for the advanced iPod is 8 hours per unit. Currently, 60 hours are available. The cost of hours is already factored into the profit function. Formulate an optimization problem that can be used to find the optimal production quantity of basic and advanced iPods. Solve the optimization model you formulated, what is the optimal value of the objective function? Round your answer to one decimal place.
Business
1 answer:
IrinaVladis [17]3 years ago
4 0

The number of basic units is 3 and the number of advanced unit is 4.

Explanation:

Optimization function is a real valued function that is either minimized or maximized relative to the given set of feasible variables. Therefore if our maximum value for the production of both types of Ipod is 50 hours and if it takes 6 hours to produce basic Ipod and 8 hours to produce advanced Ipod than optimization model is expressed as 6*x + 8* y = 50. From this we have a set of possible solutions.

If x =0 than y =6, 2 it is not possible since it is not the natural number.

If y =0 than x =3, 57, it is not a natural number.

The only solution that satisfy the above condition is when x =3 and y = 4.

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Walter Company uses a job-order costing system to account for product costs. The following information pertains to the current y
djverab [1.8K]

Answer:

COGM = 450,000

Explanation:

The amount debited will be equal to the COGM which is the cost of goods manufactured.

COGM = beginnning WIP + cost added - ending WIP

<u>we need to know the cost added during the period:</u>

cost added during the period

materials         140,000

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total                 480,000

Notice, for the overhead we multiply the predetermined rate by the amount of labor hours.

The actual values and adjustment for application of overhead are calculate later at year-end

Now, we are given the following information:

<u>we know that WIP increase by 30,000</u>

so : ending is 30,000 dollars greater than beginning

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we plug that into the formula:

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