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Bess [88]
3 years ago
10

Green Vehicle​ Inc., manufactures electric cars and small delivery trucks. It has just opened a new factory where the C1 car and

the T1 truck can both be manufactured. To make either​ vehicle, processing in the assembly shop and in the paint shop are required. It takes ​1/40 of a day and ​1/60 of a day to paint a truck of type T1 and a car of type C1 in the paint​ shop, respectively. It takes ​1/50 of a day to assemble either type of vehicle in the assembly shop. A T1 truck and a C1 car yield profits of $ 325 and $ 250​, ​respectively, per vehicle sold. The aim of the objective function for Green Vehicle Inc. should be to Maximize the objective value. The optimum solution​ is: Number of trucks to be produced per day​ = nothing ​(round your response to two decimal​ places).

Business
1 answer:
ioda3 years ago
3 0

Answer and Explanation:

(a)

Variables are given as follows

Total number of cars, C1

Total number of trucks, T1

(b)

Our aim is to maximize the total profit of Green Vehicle Inc.

Max z = 300T1 + 220T1

(c)

In this question, we have limitations, which are

0.025T1 + 0.017C1 ≤ 1

0.020T1 + 0.020C1 ≤ 1

hence attached below are the excel solutions to the problem

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The __________ of the procure-to-pay cycle is ordering; the most common way the ordering step begins is through the release of a
GarryVolchara [31]

Answer:

The <u>FIRST STEP</u> of the procure-to-pay cycle is ordering;

Explanation:

The procure to pay cycle  is the set of activities required to follow through a buying process in a company, it includes identifying the need, looking for and assigning a vendor, approving the vendor's specifications, receiving the supplies and finally paying the money owed to the vendor. This process consists of five steps:

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3 years ago
Suppose the wholesale market for corn is a perfectly competitive market, and all firms in the corn industry are profit-maximizin
Ainat [17]

Answer:

Therefore option A is correct.

All firms selling corn must have the same MC regardless of each firms cost structure

Explanation:

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7 0
3 years ago
Hagy Corporation has an activity-based costing system with three activity cost pools--Processing, Setting Up, and Other. The com
Katyanochek1 [597]

Answer:

$112,000

Explanation:

The computation of using activity based costing for overhead costs to activity cost pools is below:-

Factory utilities for processing

= $99,000 × 0.30

= $29,700

Factory utilities for Setting up

= $99,000 × 0.50

= $49,500

Factory utilities for others

= $99,000 × 0.20

= $19,800

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= $3,900

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= $6,500

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Overhead costs = $99,000 + $13,000

= $112,000

3 0
3 years ago
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