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
allsm [11]
2 years ago
11

A company produces two products, A and B. The sales volume for A is at least 80% of the total salces for both A and B. However,

the company cannot sell more than 100 units of A per day. Both products use one raw material, of which the maximum daily availability is 240 lb. The usage rater of the raw material are 2lb per unit of A and 4 lb per unit of B. The profit units for A and B are $20 and $50, repectively. Set this problem up as a linear program to determine the optimal product mix for the company. Then solve using excel. Next, answer the following questions: 1. How much should the company be willing to pay to increase the number of units of A that it can sell
Business
1 answer:
liberstina [14]2 years ago
3 0

Answer:

i) Z = 20( 80 ) + 50(20 ) =  $2600

ii) $3000

Explanation:

representing products  A and B as x₁ and x₂

using the given data

Max ( z ) = 20x₁ + 50x₂  ( optimal product mix for optimal profit )  ---- ( 1 )

0.8 ( x₁ + x₂ )  ≥ 0

0.8x₁  + 0.8x₂ ≥ 0 ------------ ( 2 )

also  x₁ ≤ 100 --- ( 3 )    considering the amount to be sold ( sales volume )

based on the availability of raw material

2x₁ + 4x₂ ≤ 240 ----- ( 4 )

resolve equations 2, 3, and 4 graphically

x₁ = 80 units , x₂ = 20 units

back to equation 1

Z = 20( 80 ) + 50(20 )

   = 1600 + 1000  = $2600

ii) To increase the number of units of A produced

given that x₁ ≤ 100   and the actual optimal units produced = 80 units

2600 + 20(100-80)

= 2600 + 20(20)  = 2600 + 400 = $3000

You might be interested in
Describe a "rite of initiation" that you experienced at a place of work. This could be described via a situation in which you be
SCORPION-xisa [38]

Answer: Rites of initiation is a good thing at the workplace. The answer is explained further below.

Explanation:

Initiation is the rite of passage marking the entrance or acceptance into an organization, a group or a society. The rite of initiation I experienced at a place of work was when I worked as an intern for a firm and I was told that the rite of initiation was for me to sing my favourite song. I actually sang my favorite song and it was fun and I was welcomed into the organization and introduced myself.

I believe rites of initiation are important at the workplace. It helps to increase engagement, boost employee moral, and also foster a supportive culture. It also enable the organization reach its goals as the workers are united and work as a team.

3 0
3 years ago
Katelyn, a millennial, is conducting her job search. She wants to work for a company that cares not only about its people, but a
AnnyKZ [126]
<h2>"Social audit documents" will give Katelyn the information about how socially the company has involved to protect the planet and people.</h2>

Explanation:

Let us understand what a social audit is.

  • It is an official evaluation about the involvement in social responsibility projects by the organization.
  • It creates an impact on the governance.
  • This prevents public relations crises associated with ethical or legal misconduct.
  • Narrow gaps between vision and reality.
  • It enters into action when there is no equal employment opportunity, when the environmental quality gets affected, etc.

The social activities that it includes are:

  • volunteer events
  • work environment
  • employees wages
  • utilization of energy
  • charitable contributions

7 0
3 years ago
those people who own the mode of production are typically of than laborers. group of answer choices a lower class the same class
hoa [83]

Those people who own the mode of production are typically of higher class than laborers.

In the Marxist theory of historical materialism, a mode of production refers to a specific combination of the productive forces, which tend to  include the human labour power, and another one is the social and technical relations of production.

So, here Marx says that a person's productive ability and his participation in  the social relations are known to be the two essential characteristics of social reproduction. Thus, those people who tend to own the mode of production are typically of the higher class than the laborers.

Hence, option C is correct.

To learn more about the mode of production here:

brainly.com/question/29320253

#SPJ4

3 0
1 year ago
A disadvantage of corporations is that shareholders have to pay on profits.
olga_2 [115]

Answer:

taxes

Explanation:

just took the test

4 0
3 years ago
In the united states, the average person mostly patronizes firms that operate in?
Likurg_2 [28]

In the united states, the average person mostly patronizes firms that operate in Monopolistic Competitive Market.

Monopolistic Competitive Market is a kind of market structure where numerous associations are accessible in an industry, and they produce relative yet isolated things.

None of the association participate in a partnership, and every association work unreservedly no matter what the engaging quality of various association. The market structure is a type of Imperfect Competition.

Imperfect Competition alludes to the circumstance where the characteristics of a market don't satisfy every one of the essential states of an entirely serious market and consequently, it cause market weaknesses when it ends up actually working, and bringing about market disappointment.

To learn more about Monopolistic Competitive Market.

brainly.com/question/15143240

#SPJ4

3 0
1 year ago
Other questions:
  • The federal reserve is comprised of how many nationwide districts?
    12·1 answer
  • The following data is available for BOX Corporation at December 31, 2017: Common stock, par $10 (authorized 30000 shares) Treasu
    11·1 answer
  • Stories Company purchased equipment and these costs were incurred:Cash price $22,500Sales taxes 1,800Insurance during transit 32
    5·1 answer
  • Blossom Company began the year with retained earnings of $390000. During the year, the company recorded revenues of $489000, exp
    14·1 answer
  • Which of the following best defines procrastination?
    15·1 answer
  • Once you graduate from a college or university, you have to pay a fee to take advantage of their career services. False True
    14·1 answer
  • You deposit $1,000 into a 2 year Certificate of Deposit (CD), which earns 2% interest per year. During those 2 years, the inflat
    13·1 answer
  • In its first year of operations, Cullumber Company recognized $33,700 in service revenue, $6,700 of which was on account and sti
    7·1 answer
  • What is one key difference between payday loans and title loans?
    6·1 answer
  • ______ is when a firm enters a different business in which it can benefit from leveraging core competencies, sharing activities,
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!