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
djverab [1.8K]
2 years ago
14

The Electrotech Corporation manufactures two industrial-sized electrical devices: generators and alternators. Both of these prod

ucts require wiring and testing during the assembly process. Each generator requires 2 hours of wiring and 1 hour of testing and can be sold for a $250 profit. Each alternator requires 3 hours of wiring and 2 hours of testing and can be sold for a $150 profit. There are 260 hours of wiring time and 140 hours of testing time available in the next production period and Electrotech wants to maximize profit. Formulate an LP model for this problem. Sketch the feasible region for this problem. Determine the optimal solution to this problem using level curves.
Business
1 answer:
adoni [48]2 years ago
4 0

Answer:

Given that generators generate greater profit with less consumption of hours, the maximum profit would be building 130 generators, obtaining $ 32,500 of profit, and there would be 10 hours of testing left over.

Explanation:

Since the Electrotech Corporation manufactures two industrial-sized electrical devices: generators and alternators, and both of these products require wiring and testing during the assembly process, and each generator requires 2 hours of wiring and 1 hour of testing and can be sold for a $ 250 profit, while each alternator requires 3 hours of wiring and 2 hours of testing and can be sold for a $ 150 profit, and there are 260 hours of wiring time and 140 hours of testing time available in the next production period and Electrotech wants to maximize profit, to determine this situation the following mathematical logical reasoning must be carried out:

260/2 = 130

140 - 130 = 10

130 generators = 32,500

Thus, given that generators generate greater profit with less consumption of hours, the maximum profit would be building 130 generators, obtaining $ 32,500 of profit, and there would be 10 hours of testing left over.

You might be interested in
A company reported total equity of $157,000 at the beginning of the year. The company reported $222,000 in revenues and $171000
Pani-rosa [81]
Wasssssupppp the answer will be B
4 0
3 years ago
he Wood Valley Dairy makes cheese to supply to stores in its area. The dairy can make 485 pounds of cheese per day (358 days per
Kaylis [27]

Answer :

Minimum total annual cost = $3,321.26

Explanation :

The computation of the minimum total annual cost is shown below:

As per the data given in the question,

Annual demand (D) = 67 × 358 days = 23,986

Setup cost (C) = $290

Production rate (R) = 358 days × 485 = 173,630

Holding cost(H) = $0.92

Economic production quantity(Q) = sqrt((2 × D × C) ÷ H × (1-(D ÷ R)))

= sqrt(((2 × 23,986 × $290) ÷ $0.92 × (1 -(23,986 ÷ 173,630)))

= 4,188.7  

= 4,189

Minimum total annual cost is

= (Q ÷ 2) × (1 - D ÷ R) × H + (D ÷ Q) × C

=4,189 ÷ 2 × (1 - (23,986 ÷ 173,630) × $0.92+ (23,986 ÷ 4,189) × 290

= $3,321.26

6 0
3 years ago
when the market demand curve crosses the long-run average total cost curve where average total costs are declining, the firm is
cluponka [151]

Answer: Natural monopoly

Explanation:

A natural monopoly is a form of monopoly that comee into being due to huge start-up costs and also economies of scale. A firm that has a natural monopoly may be the only producer of a particular good or service.

A natural monopoly occurs when the long-run average total cost curve is crossed by the markwt demand curve when the average total costs are still diminishing.

5 0
2 years ago
A capital budgeting method that takes into consideration the time value of money is the cash payback technique. return on stockh
Andrew [12]

Answer:

Internal rate of return method

Explanation:

Internal rate of return is the discount rate that equates the after-tax cash flows from an investment to the amount invested

Accounting rate of return = Average net income / Average book value

Average book value = (cost of equipment - salvage value) / 2

Payback calculates the amount of time it takes to recover the amount invested in a project from it cumulative cash.

3 0
3 years ago
An overly optimistic sales budget may result in Group of answer choices increases in selling prices late in the year. insufficie
N76 [4]

Answer:

excessive inventories.

Explanation:

If there is an overall optimistic sales budget so there would be the excessive inventories as the sales budget predicts that in the future the number of units is to be sold for the given period of time. And, when this budget would be optimistic so it over predicted the sales due to this there would be the chances of the excessive inventories

hence, the last option is correct

8 0
3 years ago
Other questions:
  • Both firms in a Cournot duopoly would enjoy lower profits if:
    15·1 answer
  • The Human Resources department of Superior Catering conducted a training workshop on setting and achieving organization goals. D
    10·1 answer
  • True or false travel expenses are by far the largest item in a typical campaign budget today
    13·1 answer
  • Wavy Company had a beginning work in process inventory balance of $ 32 comma 900$32,900. During the​ year, $ 54 comma 700$54,700
    7·1 answer
  • When its sales were declining, Canadian Airline conducted a marketing survey to understand the expectations of the business trav
    13·1 answer
  • Which data representation system utilizes both letters and numbers? binary decimal hexadecimal octal
    5·1 answer
  • Training and development are roles filled by human resource specialists true or false
    9·2 answers
  • which type of managers of a business must answer to a board of directors regarding the company's fiscal performance
    10·1 answer
  • An agency that occurs when a principal and an agent categorically agree to enter into an agency agreement with each other is kno
    9·1 answer
  • __________ is a view of the self as able to master skills and complete tasks.
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!