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lyudmila [28]
2 years ago
9

A clothier makes coats and slacks. The two resources required are wool cloth and labor. The clothier has 150 square yards of woo

l and 200 hours of labor available. Each coat requires 3 square yards of wool and 10 hours of labor. Each pair of slacks requires 5 square yards of wool and 4 hours of labor. The profit for a coat is $50, and the profit for slacks is $40. The clothier wants to determine the number of coats and pairs of slacks to make so that profit will be maximized.
a. Give the Objective function.
b. Give the constraints
c. Graph the solution
d. Give the optimal Point
Business
1 answer:
RoseWind [281]2 years ago
8 0

Answer:

a. Give the Objective function.

Let c = #coats to be produced

Let s = #slacks to be produced

b. Give the constraints

3c+5s≤150

10c+4s≤200

d. Give the optimal Point

The profit function would be P(x,y)=50c+40s

Explanation:

Let c = #coats to be produced

Let s = #slacks to be produced

Our first constraint deals with square yards of wool. We cannot exceed 150 square yards. Using the fact that coats require 3 sq yds and slacks require 5 sq yds, we can identify this constraint.

3c+5s≤150

Our second constraint deals with the number of hours available being 200. Coats require 10 hrs and slacks require 4 hrs. Now we have our second constraint.

10c+4s≤200

We might also assume that some of each will be produced, so we can list the following as constraints as well.

c>0 and s>0

The profit function would be P(x,y)=50c+40s

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2 years ago
Pronghorn Corporation began operations on January 1, 2020 when $236,000 was invested by shareholders of the company. On March 1,
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Answer:

a. $7,100

b. -$6,400

c. -$13,500

d. -$13,500

Explanation:

The computation is shown below:-

a. Net income

Net income = Cash interest

= $7,100

b. Comprehensive Income = Net Income - unrealized holding loss

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c. Other Comprehensive Income = unrealized holding loss

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d. Accumulated other comprehensive income:

Ending Balance of other comprehensive income = Beginning Balance + During this year

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3 0
3 years ago
Suppose you purchase one share of the stock of Red Devil Corporation at the beginning of year 1 for $42.50. At the end of year 1
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Answer:

17.76%

Explanation:

The computation of the time-weighted return on your investment is given below

But before that we have to do the following calculations

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___ is a portfolio-planning tool for identifying company growth opportunities through market penetration, market development, pr
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Answer:

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Hence , from the given information of the question,

The correct term is  Product market expansion grid .

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