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LenKa [72]
3 years ago
15

A manager must decide on the mix of products to produce for the coming week. Product A requires three minutes per unit for moldi

ng, two minutes per unit for painting, and one minute per unit for packing. Product B requires two minutes per unit for molding, four minutes per unit for painting, and three minutes per unit for packing. There will be 600 minutes available for molding, 600 minutes for painting, and 420 minutes for packing. Both products have profit contributions of $1.50 per unit. Formulate this problem as a linear programming problem. (You do not need to solve this problem). If you were solving this problem using Solver, what would you put in the target cell, changing cells? How are you going to enter the constraints?

Business
1 answer:
atroni [7]3 years ago
6 0

Answer:

Check the explanation

Explanation:

Going by the question above we will have to first work on the

Formulation of LP:

Maximize profit

Z = 1.5A+1.5B where A - number of units of product A and B - number of units of product B

subject to constraints -

600 minutes available for molding

3A+2B <=600 ---> Molding constraint---> 1

600 minutes available for painting

2A+4B<=600 ---> Painting constraint---> 2

420 minutes available for packing

A+3B<=420 ---> Packing constraint---> 3

A, B, C >=0 ---> Non-negative constraint ---> 4

b) Solution with the help of Excel solver:

Target cell will be the RHS or profit value of the objective function as we are maximizing the profit.

Changing cells will be A and B ---> number of units of products

Constraints will be entered as below. The same are also listed in part A (1,2,3,4).

The attached images below are the formulation.

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soldi70 [24.7K]
Hey there!

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3 0
3 years ago
You bought 200 shares of Stock A at $23.00 per share 6 months ago. It is now worth $47 per share. What was the percent of increa
Nat2105 [25]

Answer:

51 % increase

Explanation:

Stock A price= $23.00

Stock A price after 6 months= $47.00

Increase in price of Stock A= $47 - $23

                                          = $24

Percentage increase in stick price = <u>$24</u>  x  100%

                                                        $47

                                                     = 0.510 x 100%

                                                     = 51%

The percentage increase in the price of Stock A is 51%

Cheers

4 0
3 years ago
Read 2 more answers
What is the definition of organization ? Briefly explain each part of the definition?​
Semenov [28]

organization isn a group or team that works together to accomplish a task

6 0
2 years ago
On January 2, 2020, Pull Corp. paid $516,000 for 24% (96,000 shares) of the outstanding common stock of Olivia Co. Pull used the
cestrela7 [59]

Answer:

(a). Journal entry shown below:

(b). Balance in the investment account = $649,167

Explanation:

As per the data given in the question,

A)

Journal entry to record the sale of the 20,000 shares:

Cash A/c Dr. $240,000

(20,000×$12)

Loss on sale of investment A/c Dr. -$69,166.67

($170,833-$240,000)

To Investment in Olivia co. A/c $170,833

($820,000÷96,000×20,000 shares)

(To record the sale of 20,000 shares)

B)

Balance in the investment account in Jan 1 2020 = $820,000

Investment in Oliver Co. sold = $170,833

Balance in the investment account after the sale = $820,000-$170,833

=$649,167

6 0
3 years ago
The Keweenaw Sunshine Development Corporation reported the following for the year ended December 31, 2018: 1/1/18 12/31/18 Disco
kenny6666 [7]

Answer:

$49,000

Explanation:

To calculate the amount of cash Keweenaw pay for interest during 2018, the interest payable at 12/31/18 is subtracted from the addition of interest payable at 1/1/18 and interest expenses during the year as follows:

Amount of cash paid for interest = $19,500 + $47,750 - $17,350 = $49,900

Therefore, the amount of cash Keweenaw pay for interest during 2018 is $49,000.

7 0
3 years ago
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