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
Anna [14]
3 years ago
14

Best Brands Appliance Mart is getting ready for its annual Labor Day sale. There are two Best Brands stores, one in midtown Manh

attan and another in Amityville. Merchandise is stored in two warehouses, one in Brooklyn and one in Baldwin. From experience in past years, the owners know the big mover during the sale is tablets. The Manhattan store needs 500, while the Amityville store will require 400. Each warehouse has 600 tablets in stock. It costs $1 and $2 to ship a tablet from Brooklyn to Manhattan and to Amityville, and $2 and $4 to ship one from Baldwin to Manhattan and Amityville. What is the best shipping strategy for getting the tablets from the warehouses into the stores to minimize the shipping cost?
Business
1 answer:
jasenka [17]3 years ago
5 0

Answer:

Explanation:

From the given information:

Assuming we represent x to be the tablets sent from Brooklyn to Manhattan

Thus, (500 - x) to be the tablets sent from Baldwin to Manhattan

Also, suppose we represent y to be the tablets sent from Brooklyn to Amityville

It implies that (400 - x) to be the tablets sent from Baldwin to Amityville

∴

x ≥ 0 ; y ≥ 0  

⇒   500 - x ≥ 0  & 400 - y ≥ 0

The Shipping cost Z = 1(x) + 2(500-x) + 2(y) + 4(400-y)

Z = x + 1000 - 2x + 2y + 1600 - 4y

Z = x -2y + 2600

To minimize the shipping cost:

\left \{ 500-x \geq 0  \ \implies \   x\leq 500}} \atop {400-y \geq 0  \ \implies \   y\leq 400}} \right.

Thus, by replacing the coordinate values (x,y) into Z, we have:

Point    Coordinates(x,y)    Value of Z (shipping cost)

0             (0,0)                             0

A             (0,400)                     1800

B             (500,400)                 1300

C             (500,0)                      2100

Hence, the minimum cost is 1300.

x = 500 units   and  y = 400 units

You might be interested in
The fact that most people make some decisions based on intuition rather than calculation is: Select one: a. irrational, because
vodka [1.7K]

Answer:

c. consistent with the cost-benefit model because most people intuitively weigh costs and benefits

Explanation:

People weight the cost and benefit before making desitions Some times without noticing they are doing it.

Also is important to notice intuition takes a role when there are shades in the information, the effect on the personnel and when not all information is available.

4 0
3 years ago
Juanita is deciding whether to buy a skirt that she wants, as well as where to buy it. Three stores carry the same skirt, but it
Setler [38]

Answer:

Juanita should purchase the skirt at the store across town because the total economic cost will be lowest.

Explanation:

three options:

  • local store 15 minutes away and a price of $103
  • across town 30 minutes away and a price of $89
  • neighboring city 1 hour away and a price of $63

Juanita makes $16 per hour at her work, and her purchase decision includes the opportunity cost of lost wages:

total economic cost:

  • local store = $103 + [1/4 hours x 2 (round trip) x $16] = $111
  • across town = $89 + [1/2 hours x 2 (round trip) x $16] = $105
  • neighboring city = $63 + [1 hour x 2 (round trip) x $16] = $95

Juanita should purchase the skirt at the store across town because the total economic cost will be lowest ($105)

Opportunity costs are the benefits lost or extra costs incurred for choosing one activity or investment over another alternative. Economic costs include both accounting costs and opportunity costs.

3 0
3 years ago
Which of the following is not an attribute of workplace management?
RideAnS [48]

Answer:

Punishing employees who are less productive. Firing is the only punishement I have ever known.

5 0
3 years ago
Schreiber Industries estimates bad debts at 2% of sales. Schreiber began the year with $270,000 of accounts receivable and $38,6
lorasvet [3.4K]

Answer:

The total amount of account receivable it's $246.400

Explanation:

At the beginning the company had $270.000 in the account receivable and $38.600 of allowance for bad debt, when the company wrote off bad debt, it entry a credit in the Account Receivable and a Debit in hte Allowance for bad debt.

The new balance are $244.400 in the accounts receivables and $12.600 as credit in the allowance for bad debt, with the new sales the company generate an extra account receivable of $15.000, so the net value of Accounts Receivable it's $246.400.

7 0
3 years ago
Murphy's, Inc., has 85,000 shares of stock outstanding with a par value of $1 per share. The market value is $12 per share. The
nexus9112 [7]

Answer:

The correct answer is $177,955.

Explanation:

According to the scenario, the computation of the given data are as follows:

Capital in excess of par account = $74,500

Common stock = $85,000

Retained earning = $141,500

So, we can calculate the balance in the capital in excess of par account be after the dividend by using following formula:

Capital after Dividend = Balance sheet amount of Capital + ( Issued additional share × Capital in excess of par per share )

Where,

Issued additional share = 11% × $85,500 = 9,405

And Capital in excess of par per share = $12 - $1 = $11

By putting the value, we get

Capital after dividend = $74,500 + ( 9,405 × $11)

= $74,500 + $103,455

= $177,955

8 0
3 years ago
Other questions:
  • In many cases, the causes of scope creep reflect a misfit between ____.Multiple Choicetraditional project management methods bei
    7·1 answer
  • "When a parent uses the partial equity method throughout the year to account for its investment in an acquired subsidiary, which
    13·1 answer
  • Who uses banks and credit unions?
    13·1 answer
  • Mary has a listing agreement with Broker Tom. Mary tells Tom she wants him to use broker agents to help sell her property. Tom g
    5·1 answer
  • 7. ______ Which of the following is NOT a factor that should be considered in multinational capital budgeting? a. Blocked funds.
    14·2 answers
  • G Explain why it is so important for a business to seek protection for its intellectual property?
    13·1 answer
  • Which of the following is the
    13·1 answer
  • What is the role of education to become a manager ?​
    5·1 answer
  • Take all my PONTS!!!!!! PLEASE I NEED HELP FAST. Just look The picture.​
    6·2 answers
  • Define organization and explain three of the characteristics of organization. Give three examples of organizations, try to inclu
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!