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
vagabundo [1.1K]
3 years ago
14

Consider a model in which two products, x and y, are produced. There are 30 pounds of material and 60 hours of labor available.

It requires 9 pounds of material and 12 hours of labor to produce a unit of x, and 5 pounds of material and 15 hours of labor to produce a unit of y. The profit for x is $300 per unit, and the profit for y is $250 per unit.
Required:
How many units of x and y to produce to maximize profit, the model is
Business
1 answer:
Alla [95]3 years ago
5 0

Answer:

2 units of x and 2 units of y

Explanation:

The model can be represented as:

\begin{array}{cccc} & {x} & {y} & {} & {Materials} & {9} & {5} & {30} & {Labor} & {12} & {15} & {60} & {} & {300} & {250} \ \end{array}

So, we have:

Max z = 300x + 250y --- the objective function

Subject to:

9x + 5y \le 30

12x + 15y \le 60

x,y > 0

Multiply the first equation by 3

9x + 5y \le 30 becomes

27x + 15y \le 90

Subtract 12x + 15y \le 60 from 27x + 15y \le 90

27x - 12x + 15y - 15y \le 90 - 60

15x \le 30

Divide by 15

x \le 2

Substitute 2 for x in 9x + 5y \le 30

9 * 2 + 5y \le 30

18 + 5y \le 30

Collect like terms

5y \le 30 - 18

5y \le 12

Divide by 5

y \le 2.4

y must be an integer;

So:

y \le 2

So, we have:

(x,y) \le (2,2)

<em>Hence, the company must product 2 units of x and 2 units of y</em>

You might be interested in
Blair Madison Co. issues $2.8 million of new stock and pays $560,000 in cash dividends during the year. In addition, the company
frutty [35]

Answer:

The net cash flow provided by financing activities is: $840,000

Explanation:

Prepare the Cash flow from Financing Activities Section as follows :

Cash flow from Financing Activities

Proceeds from Issue of Shares                      $2,800,000

Dividends Paid                                                  ($560,000)

New Bond Issue                                              $4,200,000

Bond Paid off                                                  ($5,600,000)

Net Cash flow from Financing Activities           $840,000

<em>Note that the Bonds bought of another company constitutes investment activities of Blair Madison Co. thus excluded from Cash Flow from Financing Activities Calculation.</em>

4 0
3 years ago
Green Cleaning purchased $500 of office supplies on credit. The company’s policy is to initially record prepaid and unearned ite
-Dominant- [34]

Answer:

Debit Office supplies, $500; credit Accounts payable, $500.

Explanation:

Purchase of supplies on credit will increase the supplies and increase the account payable balance as well. Supplies account is an asset account therefore it has debit balance and Account payable is a liability account so it has credit balance. To reflect the event following Journal entry is recorded.

Debit       Office supplies         $500

Credit      Accounts payable    $500

4 0
3 years ago
Select the correct answer.
Gwar [14]

Answer:

I believe the answer is B. 30 percent

<em>good luck, i hope this helps :)</em>

<em />

3 0
3 years ago
Read 2 more answers
A ________ consists of selecting a segment of the market as the company's target market and designing the proper "mix" of produc
Fofino [41]

Answer:

marketing strategy

Explanation:

Based on the scenario being described within the question it can be said that the term that is being described is known as a marketing strategy. like mentioned in the question this is a business's overall game plan which they have designed in order to reach their target market and turn them into consumers of their products so that the company may increase profits. This is done by using many different factors such as price, promotion, and distribution system etc.

6 0
3 years ago
C&amp;K Brewing Company is a microbrewery in western Canada. It produces Maiden’s Honor brand ale, a dark beer called Warrior’s
ehidna [41]

Answer:

The correct answer is letter "A": concurrent .

Explanation:

Concurrent control is adopted to regulate ongoing activities in an organization so that they can meet the company's standards. This type of control is chosen to ensure that the output will have the results expected. It implies measuring the quality of the processes at a certain point in time to determine to continue with them or not.

3 0
4 years ago
Other questions:
  • The company has grown rapidly, and the expanded workforce includes people in many locations and of diverse backgrounds, leading
    6·1 answer
  • A law or set of laws are created to give a policy legal force
    10·1 answer
  • Explain the following statement in your own words: "Increasing productivity and also quality will result in increased capacity,
    9·1 answer
  • Compared to an early president’s cabinet, the size and impact of a modern president’s cabinet has ______________.
    8·1 answer
  • Label demand as elastic, unit elastic, or inelastic for each scenario. Use the midpoint method when applicable to calculate the
    8·1 answer
  • "Jason likes to drink a particular brand of soda and has been drinking that brand of soda for the last ten years. Lately, one of
    9·1 answer
  • Here is some basic data for Bella​ Company: Cost of materials purchases on account $ 81 comma 000 Cost of materials requisitione
    14·1 answer
  • Pilot Company pays for two years of rent in advance. Recording this transaction would include a debit to:______.
    11·1 answer
  • If the amount of beachfront land in Malibu supplied to the market remains the same even when the price of beachfront land in Mal
    5·1 answer
  • Which of the following statements about stocks is TRUE?
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!