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pentagon [3]
3 years ago
14

Harrington Corporation produces three products, A, B, and C. Pertinent information on these products is as follows: ProductSelli

ng Price per UnitVariable Cost per UnitFixed Costper UnitDL Hoursper UnitA (Anchor bolts)$4.00 $1.00 $2.00 2 B (Bearings)$3.50 $0.50 $2.00 2 C (Castings)$6.00 $2.00 $3.00 3 There are 150 direct labor hours available. Machine-hour capacity allows 100 anchor bolts, only; 50 bearings, only; 40 casters, only; or any combination of the three that does not exceed the capacity. The direct labor hour constraint for Harrington's linear programming model is: ___________
Business
1 answer:
Over [174]3 years ago
8 0

Answer:

Labour hours constraint :  2a + 2b + 3c ≤ 150

Explanation:

<em>Linear programming is a mathematical model that is used to solve a problem when a firm wants to maximize profit in the midst of multiple resource constraints.</em>

The following steps should be followed:

<em>Step 1: Define the variables</em>

a= the units of product Anchor

b=  the units of product Bearing

c= the units of product Casting

<em>Step 2: Define the constraints:</em>

The constraints represent the limitations which could be resource; in this case machine hours and direct labour hours. Since the constraint in focus is labour hours , so we only consider it.

Subject

Constraints:  Labour hours : 2a + 2b + 3c ≤ 150

Non-negativity constraints a, b , c ≥ 0

Since the total available labour hours is 150 hours then the total consumption hours can either be equal to or less than 150, but can never be higher than 150.

The labour hours constraint  is represented by 2a + 2b + 3c ≤ 150

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It is a fact that there is a(n) ________ relationship between interest rates and bond values in the secondary market. When inter
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Inverse; rise; drop; drop; rise

It is a fact that there is an inverse relationship between interest rates and bond values in the secondary market. When interest rates rise, bond prices drop, and when interest rates drop, bond prices rise.

<h3>What is the relationship between interest rate and bond values?</h3>

Bond prices and interest rates go hand in hand. Bond prices typically decline as borrowing costs increase (when interest rates rise), and vice versa.

Most bonds have a fixed interest rate that increases in attractiveness when interest rates decline, increasing demand and bond price.

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One primary focus of substantive tests in the finance and investment cycle is on:
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This Finance Test is designed to help you assess your knowledge on important finance concepts, terminology definitions, and frequently used calculations. We strongly encourage any students who are planning or are beginning their FMVA certification program to take this test to determine whether you will need to take the prerequisite finance courses including Reading Financial Statements, Introduction to Corporate Finance, and Math for Corporate Finance. This is also a useful resource for employers to examine the technical knowledge of the candidates during a finance interview.

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Finance Test Questions

1. The concept of present value relates to the idea that*

The discount rate is always higher when you invest now than in the future

The discount rate is always higher when you invest in the future than now

The money you have now is worth less today than an identical amount you would receive in the future

The money you have now is worth more today than an identical amount you would receive in the future

2. The formula for calculating future value (FV) is*

FV = PV/(1+r)^n

FV = PV/(1+r)*n

FV = PV x (1+r)^n

FV = PV x (1+r)*n

3 0
3 years ago
A customer invests $100,000 in a real estate limited partnership. In the first year of operations, the investor is allocated $20
nata0808 [166]

Answer:

-$130,000

Explanation:

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Since the value comes in negative which reflects the net loss for the year

We simply deduct the revenues from the expenses so that the net income or net loss could come

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