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Ira Lisetskai [31]
3 years ago
9

Tots Toys makes a plastic tricycle that is composed of three major components: a handlebar-front wheel-pedal assembly, a seat an

d frame unit, and rear wheels. The company has orders for 12,000 of these tricycles. Current schedules yield the following information.
Requirements Component Time Space Manufacture Production
Front 3 10 2 $8 $12
Seat/Frame 4 6 2 6 9
Rear Wheel (each) 0.5 2 0.1 1 3
Available 50,000 160,000 30,000

The company obviously does not have the resources available to manufacture everything needed for the completion of 12000 tricycles so has gathered purchase information for each component. Develop a linear programming model to tell the company how many of each component should be manufactured and how many should be purchased in order to provide 12000 fully completed tricycles at the minimum cost.
Business
1 answer:
Harrizon [31]3 years ago
7 0

Answer:

LetFM = number of fronts madeSM = number of seats madeWM = number of wheels madeFP = number of fronts purchasedSP = number of seats purchasedWP = number of wheels purchasedMin8FM + 6SM + 1WM + 12FP + 9SP + 3WPs.t.3FM + 4SM + .5WM 5000010FM + 6SM + 2WM 1600002FM + 2SM + .1WM 30000FM + FP 12000SM + SP 12000WM + WP 24000FM, SM, WM, FP, SP, WP 0

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5 0
3 years ago
Cinnamon Corp. started business in 2007, uses a periodic inventory system and uses the weighted average cost method. During 2007
Nesterboy [21]

Answer:

€4,883,000

Explanation:

The computation of cost of sales is shown below:-

Inventory = 35,000 ÷ €12

= 2,917 units

Weighted average cost of inventory

= (2,917 × €12) + (35,000 × €14)

=  €35,004 + €490,000

= €525,004

So weighted average cost = €525,004 ÷ €40,833.33

= €12.85

So, cost of sales = weighted average cost × sold units

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= €4,883,000

3 0
3 years ago
Acme Home Builders, Inc., has build 24 houses so far this year at a total cost to the company of $4.80 million. If the company b
Dmitry_Shevchenko [17]

Answer:

25th house's Marginal cost is $250,000.

Explanation:

Given:

Total cost of 24 houses = $4,800,000

Total cost of 25 houses = $5,050,000

Marginal cost = ?

Computation of marginal cost:

Marginal cost = Change in total cost

Marginal cost = Total cost of 25 houses - Total cost of 24 houses

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Marginal cost = $250,000

So, we say that 25th house's marginal cost will be $250,000 .

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The following are the account balances in the ledger of Metcaffe Manufacturing Company compiled at the end of fiscal-year 6/31/2
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Answer:

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2 years ago
Ronald Rawls and Zabian Bailey were in an auto accident in Bridgeport, Connecticut. Bailey rear-ended Rawls at a stoplight. Evid
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Answer:

Yes, Rawls could collect.

Explanation:

It is possible that Rawls collects damages due to negligence. This is due to the fact that the main cause of the accident was not substantiated by the Progressive Northern Insurance Company. The company claimed that the accident could have been caused by a series of events and the company was also not certain about the main cause of the accident.

4 0
3 years ago
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