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Monica [59]
3 years ago
5

Froggatt Enterprises,a premier educational products company, experiences ups and downs in demand each year corresponding to majo

r school holidays. The company maintains a steady workforce and uses overtime, inventory, and subcontracting to absorb fluctuations in demand. Expected demand, available capacities, and costs for the next four quarters are given below. There is no beginning inventory. Design a production plan that will satisfy demand at minimum cost.
Period Demand Regular Capacity Overtime Capacity Subcontracting Capacity
1 600 1000 500 500
2 2100 1000 500 500
3 800 1000 500 500
4 1800 1000 500 500


Regular production cost per unit $8
Overtime production cost per unit $10
Subcontracting cost per unit $12
Inventory holding cost per unit per period $1
Business
1 answer:
Reptile [31]3 years ago
8 0

Answer:

Answer is explained in the explanation section below.

Explanation:

Note: As this question contains tables, here I cannot insert table properly, so I have done it on excel spreadsheet and it is attached in the attachment below.  Please refer to the attachment below for the minimum cost production plan.

Please refer to Attachment.  

Priority should be given in the order mentioned below.

1. Maintain maximum capacity output even though demand is lower for the period because demand for the next period is higher and inventory holding costs are only $1 per unit per period.

2. Over time output for remaining demand, including demand for the following year, since it is less costly than subcontract production and inventory keeping costs are just $1 per unit per period.

3. There is no obligation for output to be subcontracted.

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SpyIntel [72]

Total equity of the company is the amount of invested plus the income generated during the year. If any dividend is paid during the year, the amount of dividend is subtracted before arriving at the ending shareholders’ equity.

Ending shareholders’ equity = Amount invested + Net Income – Dividend

= $15000 + ($35000- $23000) - $2000

= $27000

Therefore, shareholders’ equity balance would be $27,000.

6 0
3 years ago
A 17-year, semiannual coupon bond sells for $948.63. The bond has a par value of $1,000 and a yield to maturity of 7.11 percent.
luda_lava [24]

Answer:

Bond's Coupon rate is 3.3%

Explanation:

Bond price is the sum of present value of coupon payment and face value of the bond. If the price is available the coupon payment can be calculated by following formula

Price of the Bond = C x [ ( 1 - ( 1 + r )^-n ) / r ] + [ F / ( 1 + r )^n ]

$948.63 = C x [ ( 1 - ( 1 + 7.11%/2 )^-17x2 ) / 7.11%/2 ] + [ $1,000 / ( 1 + 7.11%/2 )^17x2 ]

$948.63 = C x [ ( 1 - ( 1 + 0.03555 )^-34 ) / 0.03555 ] + [ $1,000 / ( 1 + 0.03555 )^34 ]

$948.63 = C x [ ( 1 - ( 1.03555 )^-34 ) / 0.03555 ] + [ $1,000 / ( 1.03555 )^34 ]

$948.63 = C x [ ( 1 - ( 1.03555 )^-34 ) / 0.03555 ] + [ $1,000 / ( 1.03555 )^34 ]

$948.63 = C x 19.55 + $304.92

$948.63 - $304.92 = C x 19.55

643.71 = C x 19.55

C = 643.71 / 19.55

C = 32.93

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5 0
3 years ago
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givi [52]

Answer:

Answer A  =  $9,000  

Answer B  =  $6,400  

Answer C   =  $7,632  

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Answer E   =  $71,063

Explanation:

[ find attachments for complete solutions]

Note: Complete question is attached to the attachment section

5 0
4 years ago
Name some modern industries which were in operation in our country at the time of independence.
monitta

Some modern industries which were in operation in our country at the time of independence were Iron and Steel Company (TISCO), Sugar, Cement, Chemical and paper industries.

<h3>What is independence?</h3>

Independence refers to the act of getting free from controlling of the dominating or ruling parties.

Iron and Steel Company (TISCO), Sugar, Cement, Chemical, and Paper industries were among the modern businesses operating in our nation at the time of independence. These industries were growing at that time.

Therefore, it can be concluded that Sugar, Cement, Chemical and paper industries existed before independence.

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6 0
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in today's legal environment, managers who are convicted for the misuse of information systems are unlikely to be given a prison
masya89 [10]

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Legal difficulties affect businesses in a number of ways. Corporate and corporate regulations determine whether a product is legal to sell in the market. Furthermore, a company must adhere to national standards and laws when it comes to product marketing, selling, inventory management, and so on.

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3 0
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