1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
satela [25.4K]
3 years ago
13

Gatson manufacturing company produces 2 types of tires: Economy tire; Premium tire. The manufacturing time and the profit contri

bution per tire are given in the following table. Manufacturing Time Hours) Time Available Operation aterial Preparation Tire Building Curing Final Inspection rofit Tire Economy tiresPremium tires Hours 600 650 580 120 4/3 1/2 1/2 1/5 $12 2/4 1/3 $10 Answer the following assuming that the company is interested in maximizing the total profit contribution.
a. What is the linear programming model for this probiem?
b. How many tires of each model should Gatson manufacture?
c. What is the total profit contribution Gatson can earn with the optimal production quantities?

Business
1 answer:
EastWind [94]3 years ago
8 0

Answer:

(a)Let X1 be the number of economy tires and X2 be the number of premium tires.

Objective function:

Maximize Z, where Z = 12X1 + 10X2

Subject to constraints

4X1/3 + X2/2 <= 600

4X1/5 + X2 <= 650

X1/2 + 2X/4 <= 580

X1/5 + X2/3 <= 120

X1, X2 = Z

(b) Check attachment for spreadsheet

(c) The maximum profit that can be obtained is $6032

You might be interested in
A ____ is a source of revenue flowing into the firm.
diamong [38]
The answer is revenue stream.
3 0
2 years ago
The following financial resources were among those received by Seco City during year 1:_____
Burka [1]

Answer:

A) $0

Explanation:

Seco City will record $0 as special revenue funds during year 1 with respect to the foregoing resources.

The $6,000,000 for acquisition of major capital facilities would be recorded as capital projects fund.

$2,000,000 to create a non-expendable trust would be recorded as private purpose trust fund.

8 0
3 years ago
What does the image say?<br><br>​Can someone unblur it?
vaieri [72.5K]

I have no idea sir maybe someone could assist you

5 0
1 year ago
Nancy and Tonya exchanged assets. Nancy gave Tonya her personal residence with an adjusted basis of $280,000 and a fair market v
azamat

Answer:

Realized gain  $110,000

Recognized gain  $110,000

Explanation:

The computation of the Tonya's realized and recognized gain is shown below:

Amount realized by Tonya (fair market value)  $560,000

Less; Amount given by Tonya

Yacht: adjusted basis  ($250000)

Assumption of Nancy's mortgage  ($200000)

Realized gain  $110,000

Recognized gain  $110,000

7 0
2 years ago
Amanda's Interior Design has credit sales of $783,000, costs of goods sold of $418,000, and average accounts receivable of $107,
posledela

Answer:

The 50.30 days are required to take its credit customers to pay for their purchases.

Explanation:

For computing the average collection period, we have to use the formula of the average collection period.

Average collection period = Average accounts receivable ÷ Credit sales × total number of days in a year

= $107,900 ÷ $783,000 × 365

= 0.13780 × 365

= 50.30 days

We assume 365 days in a year

The cost of goods sold is irrelevant. Thus, it is not considered in the computation part.

Hence, 50.30 days are required to take its credit customers to pay for their purchases.

5 0
3 years ago
Other questions:
  • Corinne believed in solving issues between managers and employees by talking and finding solutions together, so when a group of
    15·1 answer
  • An industry consists of three firms with sales of $310,000, $725,000, and $405,000.
    5·1 answer
  • In the old south, hovland and sears found that as the economy grew worse, the number of lynchings of black men increased. this i
    9·1 answer
  • the direct consumers of the product are the client public. target markets are defined much more easily. goods are marketed more
    13·1 answer
  • A company recognized an accrued salary expense in Year 1 and paid its employees in Year 2. The financial statements affected in
    10·1 answer
  • A store has issued two different coupons for its customers to use. One coupon gives customers $20 off their purchase price, and
    12·1 answer
  • On January 1, 2019, Ola Company paid $388,900 for a $400,000 face value 3% corporate bond yielding 4%, interest paid annually on
    11·1 answer
  • "Roller-Tell Inc., a major supplier of components to the automobile industry, has recently confronted a crisis as one of its man
    7·1 answer
  • You are looking to purchase a new car, and you expect to have annual maintenance costs to keep it running. According to your cal
    14·1 answer
  • What products are attractive to a social person? shy person?​
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!