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Oksana_A [137]
3 years ago
14

Two or more products are produced using limited resources. The firm would like to determine how many units of each product it sh

ould produce to maximize overall profit given its limited resources. This situation describes what type of problem in linear​ programming?
Business
1 answer:
inysia [295]3 years ago
3 0

Answer: Product-mix

Explanation:

From the given case/scenario, we can state that this situation describes the problem of product-mix. Product mix that is also known as or referred to as product assortment, tends to refer to total number of product/commodity lines that an organization offers to an individual or to its customers.There are four dimensions to an organization's product mix, these are length, width, consistency and depth.

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Apartments is a ​-unit apartment complex. When the apartments are​ 90% occupied, monthly operating costs total $220,040. Whe
AnnyKZ [126]

Answer:

Missing word <em>"Use the​ high-low method to determine operating cost equation y=$_____, x + $ = ____" </em>

<em />

Cost on (800*90%)=720 units is 220,040

Cost on (800*80%) = 640 Units is 215,480

Variable cost per unit = Changes in total cost/High activity-low activity = 4560 / 80 = $57 per unit

Fixed cost = Total cost - Variable cost = 220,040 - (720*$57) = 220,040 - 41,040 = $179000

<u>Cost equation: </u>

Total cost = Fixed cost + Variable cost per unit

Y = 179000 + 57X

Y = 179000 + (57*440)

Y = $204,080

3 0
3 years ago
When a firm sells goods or services on credit, the owner needs to remember that for cash budgeting purposes ________.
miskamm [114]

Answer:

The correct option is c. she/he must account for a delay between the sale and the actual collection of the proceeds

Explanation:

As in the given question, it is mentioned that the credit sale is made, so the owner would remember the delay between the sale and the actual collection so that he knows the gap between these two.

Moreover, for cash budgeting purposes, it is necessary to remember when the owner received the cash and the date on which credit sale was made.

So, all other options are incorrect because it doesn't make any comparison between these two thing which is important for cash budgeting purposes.

Hence, The correct option is c. she/he must account for a delay between the sale and the actual collection of the proceeds

4 0
3 years ago
5. Describe what sort of packaging or products you will use in your product or service.
spin [16.1K]

Answer:

The type of packaging or products that I will use in my product of service is:

Recyclable. Thus, I won't make wast

Explanation:

The reasons for this answer are two. First of all, recyclable materials create no waste because they are able to be transformed into products of the same material after they have fulfilled their objective. Therefore, in my case, I wouldn't create waste. On the other hand, my products would create recyclable material to be used again after the proper process. Because waste as the concept defines it is something that can't be used again.

5 0
3 years ago
The demand function for pork is:
nekit [7.7K]

Answer:

Equilibrium price= $3

Equilibrium quantity= 500 tons

Explanation:

At equilibrium, quantity demanded is equal to quantity supplied.

It was give that Income= $50,000

So Qd= 300- 100p +0.01(50,000)

Qd= 300- 100p + 500= 800- 100p

Also Cost is given as $5

So Qs= 200+ 150p- 30(5)

Qs= 200+150p- 150= 50+ 150p

At equilibrium Qd= Qs

800-100p= 50+ 150p

Rearranging you get

800-50= 100p+ 150p

750= 250p

750/250= p

$3= p

This is the equilibrium price, subsititute p in equation Qd= 800- 100p

Qd= 800- 100(3)

Qd= 800- 300= 500 tons

So 500 is the equilibrium quantity

7 0
4 years ago
4. List and explain the reserve requirements for banks in 2019 for checking accounts and savings accounts.
777dan777 [17]

Answer:

love the points

Explanation:

4 0
3 years ago
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