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4 years ago

A company manufactures two products, a and

Business

1 answer:

Verdich [7]4 years ago

3 0

In order to solve the above question we will need to frame 2 equations as below:

Constraint of Hours per month

5a+3b=8000

Where product a required 5 hours and product b requires 3 hours the above equation can be formed wherein the total hours used will be 8000 hours

Contraint of products to be produced per month, since the company requires to produce 1850 products at a miimum the below equation can be formed:

a+b=1850

Solving both the equations as above

5a+3b=8000

a+b=1850

We get a= 625 units and b=1225 units thus if the company uses the below production schedule it will make a profit as below:

A B

Sales Price per unit 145 75

Cost of [email protected] 15 per hour 75 45

Contribution per unit 70 30

No of units produced 1225 625

Total profit 85750 18750

104500

a+b=1850

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For a particular flight from Dulles to SF, USAir uses wide-body jets with a capacity of 430 passengers. It costs the airline $4,

guajiro [1.7K]

Answer:

$370.69

Explanation:

Given the following :

Capacity (n) = 430

Cost incurred by airline per flight = $4000 + $60 per passengers

If ticket price = T ; (430 - 0.58T) are expected to book.

Determine the ticket price, T, that will maximize the airline's profit.

Profit = Revenue earned - cost incurred

Revenue earned = capacity * price = nT

Cost incurred = $4000 + $60n

Profit = nT - (4000 + 60n)

If ticket price = T ; (430 - 0.58T) are expected to book. Then n = (430 - 0.58T)

Profit = (430 - 0.58T)T - ($4000 + 60(430 - 0.58T))

Profit = 430T - 0.58T^2 - ($4000 + 25800 - 34.8)

Profit = 430T - 0.58T^2 - 4000 - 25800 + 34.8

Profit (P) = - 0.58T^2 + 430T −29834.8

Taking the first derivative of P

P' = 2(-0.58T) + 430

P' = - 1.16T + 430

Hence solve for price (T) when P' = 0

0 = - 1.16T + 430

1.16T = 430

T = 430 / 1.16

T = 370.68965

Price = $370.69

6 0

4 years ago

Brooks Agency set up a petty cash fund for $150. At the end of the current period, the fund contained $28 and had the following

alexdok [17]

Answer with its Explanation:

Journal entries required:

(a). To record establishment of the fund

When the petty cash fund was set up the entry was increase in petty cash and decrease in cash balance of the company which is increase in one asset (Petty cash asset) and decrease in other asset (cash asset).

Dr Petty cash $150

Cr Cash $150

(b). Reimbursement of the fund at the end of the current period.

The entry of spending of money on entertainment $70, postage $30 and printing $22 are all expenses incurred which is increase in expense and increase in the expenses are debited. The cash is paid here which means that the cash asset is decreased which must be credited.

Dr Entertainment expenses $70

Dr Postage expense $30

Dr Printing Expense $22

Cr Petty cash $122

4 0

4 years ago

Assume initial full employment at W1 and N1. How might a technological change that increased productivity influence the labor ma

qwelly [4]

Technology will replace the workers and the new equilibrium will be at N2'.

Answer: Option 3.

<u>Explanation:</u>

Equilibrium in a perfectly competitive labor market happens when the supply of labor is equal to the demand of labor. As market compensation decline beneath the harmony rate, the interest for work is more noteworthy than the stock, making a deficiency of laborers.

The labor market is in balance when supply approaches request; E* laborers are utilized at a compensation of w*. In harmony, all people who are searching for work at the going compensation can get a new line of work. The triangle P gives the maker excess; the triangle Q gives the specialist overflow.

3 0

3 years ago

Greg, a control room engineer at tri-state power, inc.'s nuclear power plant regularly practices handling emergency situations i

solmaris [256]

<span>TriState uses the job stimulation in which are being used to train their engineers. A job stimulation are used in means of having to test its employees in which will determine whether the employees that are being tested are capable of performing their assigned task.</span>

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4 years ago

An increase in the degree a good is liked (the increase in the taste for a good) would

In-s [12.5K]

Answer:

Increase demand

Explanation:

Tastes and preferences of the consumers is one of the determinant of demand that would shift the demand curve rightwards or leftwards.

Now, if there is an increase in the taste of the consumers for a good then as a result this would increase the market demand for that particular good. This would also shifts the demand curve of that good rightwards.

If there is a positive change in the taste of the consumers for a good then they will buy more quantity of that good.

4 0

3 years ago