What is the principleof the law of supply ?

Hart Manufacturing makes three products. Each product requires manufacturing operations in three departments: A, B, and C. The l

Serjik [45]

Answer:

Objective function:

Maximize Z: 30P1 + 25P2 + 28P3

Subject to: 2.00P1 + 1.50P2 + 3.00P3 ≤ 450 (Department A constraint)

2.50P1 + 2.00P2 + P3 ≤ 350 (Department B constraint)

0.25P1 + 0.25P2 + 0.25P3 ≤ 50 (Department C constraint)

P1, P2, P3 ≥ 0 (Non-negativity)

Explanation:

The objective function is formulated from the contribution margin of the three products. For instance, the contribution of Product 1 is $30, the contribution of Product 2 is $25 and the contribution of Product 3 is $28. Thus, the objective function will be 30P1 + 25P2 + 28P3.

The constraints were obtained from the departmental labour hours requirements for each product. For instance, Product 1 requires 2 hours in department A, Product 2 requires 1.50 hours in department A and Product 3 requires 3 hours in Department A. Thus, the constraint will be 2.00P1 + 1.50P2 + 3.00P3.

8 0

3 years ago

Shaw Industries, a giant carpet manufacturer, increases its control over raw materials by producing much of its own polypropylen

Karo-lina-s [1.5K]

Answer:

<u>Using related diversification to achieve value by integrating vertically in order to acquire market power.</u>

Explanation:

First, let's understand what are the stages of a supply chain, they are:

commodities
manufacturing
distribution
retail

In this regard, we can see that Shaw Industries controls more than one stage of its supply, commodities and manufacturing chain, which characterizes vertical integration.

Therefore, the most appropriate alternative to the question is that the company gains a greater market gain with this strategy because it increases the management and quality control, by ensuring that the inputs and processes are in accordance with its standards, which guarantees a product of higher quality and consequently better positioned on the market.

6 0

3 years ago

Anyone have tikt ok put u r at in co mments or anw ser and i will follo w u

kondaur [170]

Answer:

sorry I don't have one! T~T

Explanation:

8 0

3 years ago

During the past six months, Ben sold goods that cost $43,500, his

cupoosta [38]

Answer:

for this problem the answer would be A. 3.08

Explanation:

Add the expenses and freight (3,500+1,750)

Subtract that from 43,500 (43,500-5250 which equals 38,250). Divide 38,250 by 12,400.

38,250÷12,400=3.08

6 0

3 years ago

Multiple Product Performance Report Storage Products manufactures two models of DVD storage cases: regular and deluxe. Presented

Pavlova-9 [17]

Answer:

<u>Flexible budget performance report for the July manufacturing activities</u>

Direct Materials : $62,000

Lumber :

Regular ($6.00 × 5,000) $30,000

Deluxe ($9.00 × 2,000) $18,000

Assembly kit :

Regular ($2.00 × 5,000) $10,000

Deluxe ($2.00 × 2,000) $4,000

Labor : $30,000

Regular ($4.00 × 5,000) $20,000

Deluxe ($5.00 × 2,000) $10,000

Variable overhead : $15,000

Regular ($2.00 × 5,000) $10,000

Deluxe ($2.50 × 2,000) $5,000

Fixed manufacturing overhead $13,000

Total $120,000

Explanation:

A Flexed Budget is a Master budget that has been adjusted to reflect the Actual Level of Operation.

8 0

4 years ago

What is the principleof the law of supply ?​

What is the principleof the law of supply ?