Answer:
Some answers are attached below
Explanation:
We need to maximize profit -
Selling prices for A,B,C are given; Costs of materials 1,2 and labor are given.
Also given is that 1 unit of each product A,B,C requires certain units of material 1, material 2 and labor based on the table provided.
Profit for 1 unit of A = Selling Price - Cost = 101 - [(7*3)+(5*2)+(15*4)] = 10 $
Profit for 1 unit of B = Selling Price - Cost = 67 - [(7*1)+(5*4)+(15*2)] = 10 $
Profit for 1 unit of C = Selling Price - Cost = 97.5 - [(7*5)+(5*0)+(15*3.5)] = 10 $
LP Formulation
Maximize profit Z = 10A+10B+10C
subject to Constraints
3A+B+5C<=300 ----> Material 1 constraint
2A+4B<=400 ---->Material 2 constraint
4A+2B+3.5C <=200 ----->Labor
C>=10 -----> Product C Demand constraint
A,B,C>=0
Below is the solver solution and formulation table from Excel -
Maximum profit = 925 $
Answer:
C
Explanation:
its C because if the price goes down for a product then you buy more of something you wanted to get more out of.
The value of the subject land is $84,000.
Given,
75,000 / 250,000 = 0.30
280,000 * 0.30 = 84,000
Land value is the measure of the way lots a plot of land is worth, now not counting any buildings but including improvements inclusive of better drainage. when a landowner can pay taxes on her actual property, a part of what is taxed is the fee of the land, in addition to whatever structures sit down atop it.
To measure the price of land use the traditional value approach: Use RS means statistics on prices to calculate the fee of the belongings as though it has been new. Subtract depreciation. The result is an estimate of the fee of the modern structure. Subtract from sale fee to get land cost.
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<em>Your question is incomplete. Please read below to find the missing content.</em>
The subject property has a total value of $280,000 by the sales comparison approach. A competitive neighborhood nearby has home sales with a median value of $250,000, and recent lot sales at $75,000. By allocation, what would be the value of the subject land?
$68,000
$76,000
$84,000
$92,500
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Answer:
The correct answer is b. Imposing stiffer punishments on business executives
Explanation:
Customer retention is the activity that sales organizations carry out in order to reduce the loss of customers. Successful customer retention begins with the first contact an organization has with a customer and continues throughout the life of the relationship. A company's ability to attract and retain new customers is not only related to its product or service, but also with the way in which it serves its current customers and the reputation it creates within and through the markets.
An important topic is simple everyday honesty. Entrepreneurs, they tell us solemnly, should not cheat, should not steal, should not lie, should not bribe. But neither should other people. No man, no woman is free from the obligation to comply with the common rules of personal conduct due to their work or employment. Nor do they cease to be human beings when they are appointed vice presidents, municipal administrators or deans of some faculty. On the other hand, there have always been people who cheat, steal, lie, bribe or are bribed. It is a matter of moral values and moral education of individuals, of the family, of the school. But there is no separate ethic for business, nor is it necessary to exist.
All that is needed is to distribute harsh punishments to those who, company executives or not, have yielded to temptations. Another recurring theme in the discussion about business ethics has nothing to do with ethics. Things such as the use of paid companions to entertain customers are not matters of ethics but of aesthetics. The real question is if I really want to see a pimp when I look in the mirror while I shave.
true because the corporation has more money to spend