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ohaa [14]
4 years ago
12

Furnco manufactures desks and chairs. Each desk uses 4 units of wood, and each chair uses 3 units of wood. A desk contributes $4

0 to profit and a chair contributes $25. Marketing restrictions require that the number of chairs produced be at least twice the number of desks produced. There are 20 units of wood available. Furnco wants to maximize its profit. Formulate a LP model for Furnco in a spreadsheet and solve it to find out how many desks and how many chairs it should produce.
Business
1 answer:
marshall27 [118]4 years ago
5 0

<u>Explanation</u>:

This is an example of a linear programming problem.

THE CONSTRAINTS

Let d, c represents number of desk and chair.

Marketing restrictions

c ≥ 2d; which can be written as

2d - c ≤0

Wood restriction

4d + 3c ≤ 20

OBJECTIVE FUCTION (MAX)

= 40d + 25c

Where d ≥ 0, c ≥ 0

With this details you can then find the solutions either graphically or using  any other linear programming solution methods.

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record the date of the transaction

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A colleague at work takes small amounts of office supplies for her own personal use, saying that this is a tiny loss to the comp
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4 0
3 years ago
An outside supplier has offered to produce and sell the part to the company for $23.40 each. If this offer is accepted, the supe
anastassius [24]

Answer:

It will be a financing advantage for 18,800 It should accept the offer

<em><u>Missing Information</u></em>

Kleffman Corporation is presently making part X31 that is used in one of its products. A total of 2,000 units of this part are produced and used every year. The company's Accounting Department reports the following costs of producing the part at this level of activity:

DM                 $6.90

DL                  $4.90

V MO          $8.00

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general          $2.80

total cost  $ 26.20

Explanation:

We will face unavoidable cost for:

$2.80 x 2,000 units = $5,600

The depreciation should be considered sunk cost as financially it do not repreent any cash flow for the company.

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opportunity cost:

additional segment margin               <u>  $ 18,800  </u>

Total cost                                              $ 71,200

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unavoidable cost:                        <u>   $    5,600  </u>

Total cost                                         $ 52,400

Differential: 71,200 -52,400 = 18,800

5 0
3 years ago
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