Patents become generic over time true or false?

A furniture cabinet maker produces two types of cabinets that house and hide plasma televisions. The Mission-style

oee [108]

Answer:

The maximum profit is $72,800 with 80 cabinets of Mission-style and no cabinets of Rustic-style to be used

Explanation:

Let the furniture cabinet maker produce x Mission-style cabinets and y Rustic-style cabinets

Objective function: Maximize profits

Profit yielded by a Mission-style cabinet = $910

Profit yielded by x Mission-style cabinets = $910 * (x)

Profit yielded by a Rustic-style cabinet = $1200

Profit yielded by y Rustic-style cabinet = $1200 * (y)

Objective function: Max (910x + 1200y)

Subjected to Constraints

Labor Hours: No of hours required to produce a Mission-style cabinet =15

No of hours required to produce a Rustic-style cabinet =20

Total Labor Hours = 1200

Constraint 1) 15*(x) + 20*(y) = 1200

Budget = $30,000

Cost of materials for a Mission-style cabinet =$340

Cost of materials for a Rustic-style cabinet =$430

Constraint 2) 340*(x) + 430*(y) <= 30000

Constraint 3) x and y >= 0

Put these constraints in Excel solver, we obtain the maximum profit as $72,800 with 80 cabinets of Mission-style and no cabinets of Rustic-style to be used

8 0

3 years ago

Discuss some ways a large insurance company such as allstate, progressive, or state farm might use social media tools such as mi

Talja [164]

Answer:

Yes, service companies have advantages in the use of this type of tools compared to production companies.

Explanation:

These companies can make massive use of social networks to increase their coverage and satisfaction, and this is achieved by identifying the needs of people to be able to offer services with security and confidence. Any person can require insurance of any kind at least once in their life, and it is at this point that it must be established in such a way that all the offer for which potential customers can decide is known.

Insurance companies have a great advantage over other sectors, and that is that they can easily offer their services through electronic means, online advertising, banners, etc., on the other hand, a company that is dedicated to producing must establish a penetration strategy offering its services or products to potential stakeholders who identify themselves in the sector.

6 0

4 years ago

Newspaper vending machines are often built so that customers can pay to lift a door and take a paper off a pile of daily newspap

worty [1.4K]

Newspaper distributors are not concerned because the second copy that is taken will be of less value to the customer or thief since they would contain the same information. Thus, acquiring more than one copy is not a loss of revenue to the distributors.

8 0

4 years ago

How to do presentation

Tatiana [17]

Explanation:

You can go to Microsoft words or Power point..

These can help you type your presentation or if on phone you can go to normal Notes app or word app....

I hope this helps you

3 0

3 years ago

At the beginning of 2021, Angel Corporation began offering a two-year warranty on its products. The warranty program was expecte

BartSMP [9]

Answer:

$9.7 million

Explanation:

The amount of warranty expense on Angel's 2021 income statement = Net sales x 5%

= $194 million x 5%

= $9.7 million

Thus, the amount of warranty expense on Angel's 2021 income statement will be $9.7 million

7 0

4 years ago