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EastWind [94]
3 years ago
10

Andalus Furniture Company has two manufacturing plants, one at Aynor and another at Spartanburg. The cost in dollars of producin

g a kitchen chair at each of the two plants is given here. Aynor: Cost = 80Q1 + 7Q12 + 93 Spartanburg: Cost = 20Q2 + 3Q22 + 147
WhereQ1 = number of Chairs produced at Aynor
Q2 = Number of Chairs produced at SpartanburgAndalus needs to Manufacture a total of 40 Kitchen Chairs to met an order just received. Howmany chairs should be made at Aynor and how many should be made at Spartanburg in order tominimize production costs.
Min + 100) +s.t. Q1 + Q2 = 40Q1,Q2≥0

a. Using Excel Solver What is the optimal solution for this problem
Business
1 answer:
Bad White [126]3 years ago
5 0

Answer:

9 in Aynor and 31 in Spartanburg

Explanation:

we need to build the following:

    A              B           C

           units    COST

Aynor          9           =93 + 80*B2 + POWER(B2;2)*7

Spartanburg 31           =147 + 20*B2 + POWER(B2;2)*3

             =b2 + b3   = c2 + c3

We stablish that we want to minimize c3

changing cell b2 and b3

with the restriction that must be integer solution and b4 should equal 40

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4 0
3 years ago
If 3,000 is invested at 7% for 6 months,how much simple interest is earned
Shtirlitz [24]
I believe the answer would be $126,000 because 3,000*7*6 equals 126,000. I may have done it wrong since I haven't done this in a while.
4 0
2 years ago
ABC company received a special order for 5000 untis at a sales price of 10 per unit. ABC normally sells these for 12 each. Each
slamgirl [31]

Answer:

The increase in pre-tax income 20,000

Explanation:

The fixed cost of production would remain the same  whether or not the special order is taken, hence, irrelevant for  the decision at hand.

The sale price for the special order=10

the variable cost per unit=6

contribution   margin per unit from special order=10-6=4

The increase in pre-tax income=total contribution margin from special order

The increase in pre-tax income=5000*4

The increase in pre-tax income=20,000

Hence, accepting the order is worthwhile.

4 0
2 years ago
Selected data (in thousands) derived from the income statement and balance sheet of National Beverage Co. for a recent year are
ss7ja [257]

Answer and Explanation:

The preparation of the cash flow statement is presented below:        

Cash flow from operating activities

Net income $49,311

Less: Gain on disposal of property -$1,188

Add: Depreciation expense $11,580

Add:  Other items involving non-cash expenses $1,383

Less: Increase in accounts receivable -$1,746

Add: Decrease in inventory $990

Less: Increase in prepaid expenses -$605

Less: Decrease in accounts payable -$710

Less:  Decrease in accrued and other current liabilities -995

Cash flow provided by operating activities $58,020

b.

Amortization of intangible assets  : Added

Decrease in accounts payable  : Decrease

Decrease in accounts receivable  : Added

Decrease in accrued and other current liabilities    : Decrease

Decrease in inventory  : Added

Decrease in prepaid expenses  : Added

Depreciation  : Added

Gain on disposal of property    : Decrease

Increase in accounts payable  : Added

Increase in accrued and other current liabilities  : Added

Increase in accounts receivable    : Decrease

Increase in inventory    : Decrease

Increase in prepaid expenses    : Decrease

Losses on disposal of property: Added

Other items involving noncash expenses  : added

4 0
3 years ago
On July 8, a fire destroyed the entire merchandise inventory on hand of Larrenaga Wholesale Corporation. The following informati
rewona [7]

Answer:

$307,390

Explanation:

Given that,

Cost of Goods Available:

= Beginning Inventory + Net Purchases

= $140,000 + $658,000

= $798,000

Cost of goods Sold:

= [(100 - Gross profit ratio) ÷ 100] × Sales

= [(100 - 29) ÷ 100] × $691,000

= $490,610

Ending Inventory:

= Cost of goods available - cost of good sold

= $798,000 - $490,610

= $307,390

6 0
3 years ago
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