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Greeley [361]
3 years ago
5

A company wants to determine how many units of each of two products, A and B, they should produce. The profit on product A is $5

0 and the profit on product B is $45. Applying linear programming to this problem, which of the following is the objective function if the firm wants to make as much money as possible?HINT: Maximize Z where Z will be equal to $50 times the number of product A units produced PLUS $45 times the number of product B units produced. Since we want to make as much money as possible, we would like that mix of A and B that will let Z be as large as possible.
Business
1 answer:
Snezhnost [94]3 years ago
4 0

Answer:

Here we have total sales equation as under:

Z = 50*A + 45*B

Z is the total sales of the two products A & B. Whereas $50 is the profit per unit on the product A and $45 on the product B.

This means our best wishes for the company includes that the company only sales product A and reach production limit, because the profit on unit A is more than the product B. So this is the objective of the company regarding the sales prioritization of products.

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3 years ago
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Serhud [2]

Answer:

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Explanation:

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3 years ago
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A company had $7,040,000 in net income for the year. Its net sales were $15,600,000 for the same period. Calculate its profit ma
ivann1987 [24]

The measure of a product, service, or company's profitability is its profit margin. The bigger the percentage representing the profit margin, the more profitable the company is.

Profitability is gauged by profit margin. Finding the profit as a proportion of revenue is used to calculate it.

Profit margin=44.9%

Explanation to the answer:

Profit margin =Net income / sales

                    =7,050,000 / $ 15,700,000

                    =0.44904

                    =44.9%

Profit margin =44.9%

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5 0
2 years ago
How many powered fork lift accidents occur each year
Scrat [10]
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8 0
3 years ago
Financial assets may include:__________ a. capital assets that can be sold. b. cash, investments, and receivables, inventories,
mojhsa [17]

Answer:

b. <u>cash, investments, and receivables, inventories, prepayments</u>

Explanation:

Financial assets refer to liquid assets which derive their value from ownership rights and claims. For example, bonds, mutual funds, etc are financial assets.

In the given case, cash, investments, receivables, inventories, prepayments (prepaid expense) etc are liquid assets and current assets which can be readily converted to cash. Investments could be both short term and long term.

Investments in treasury bonds are highly liquid.

Capital assets are usually those assets with maturity period of more than one year and unlike current assets are not intended for sale.

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