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Mila [183]
2 years ago
13

1. A manufacturer of industrial motors has identified ten new prospective customers for its products and estimated each customer

's annual sales potential as follows:
Customer 1 2 3 4 5 6 7 8 9 10
Sales Potential
(in $1,000,000s) $113 $106 $84 $52 $155 $103 $87 $91 $128 $131
The company would like to allocate these ten prospective customers to five of its current salespeople in the most equitable way possible. (Each customer may be assigned to only one sales person.) To do this, ideally, the customers assigned to each of the five salespeople would have exactly the same sales potential. If such a solution is not possible, the company would like to minimize the total amount by which the actual sales potentials for the customers assigned to each salesperson deviate from the ideal allocation.
a. Ideally, what sales potential should be assigned to each salesperson?
b. Formulate a mathematical programming model for this problem.
c. Implement your model in a spreadsheet and solve it.
d. What is the optimal solution and the optimal objective value?
e. Suppose we instead want to minimize the maximum amount by which any salesperson's assigned sales potential deviates from the ideal allocation. What is the optimal solution and optimal objective value?
Business
1 answer:
Bess [88]2 years ago
4 0

Answer:

a. the assigned sales potential to each person is 210

d. the total minimum over/above potential is 20

Explanation:

took it out from Spreadsheet Modeling and Decisions Analysis. hope this helps.

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Elena L [17]

Answer:

Wholesaler

Explanation:

The distribution channel is defined or referred to as the overall or whole flow of the information as well as the goods and services from the original manufacturer to the final consumers. And the wholesaler is the one which is known as the distributor, acquire the goods from the manufacturer holds them in the distribution centre and then sells it to the retailers.

So, in this case, in the terms of channel of marketing, the gallery will be referred to as the wholesaler.

4 0
2 years ago
At the beginning of the year, Smith Company budgeted overhead of $129,600 as well as 13,500 direct labor hours. During the year,
polet [3.4K]

Answer:

1. 9.60 per hour

2. $11,129

3. Dr Manufacturing overhead 172500

Cr Lease payable 6800

Cr Accumulated depreciation-Building 19340

Cr Wages payable 90400

Cr Utilities payable 14560

Cr Account payable 41400

4. Over applied overhead= $1,260

5. $634,340

Explanation:

1) Calculation for the overhead rate for the year

Using this formula

Overhead rate = Estimated overhead/Estimated hour

Let plug in the formula

Overhead rate = 129600/13500

Overhead rate = 9.60 per hour

2) Calculation for the total cost of Job K456

Total cost of Job K456

Direct material 2750

Direct labor 5355

Overhead 3024

(5355/17*9.60)

Total cost of Job $11129

3) Preparation of the journal entries to record actual overhead and to apply overhead to production for the year.

Dr Manufacturing overhead 172500

(6800+19340+90400+14560+41400)

Cr Lease payable 6800

Cr Accumulated depreciation-Building 19340

Cr Wages payable 90400

Cr Utilities payable 14560

Cr Account payable 41400

(Being To record actual overhead)

Work in process (18100*9.6) 173760

Manufacturing overhead 173760

(To record applied overhead)

4) Calculation for whether overhead is overapplied or underapplied

Over applied overhead = 173760-172500

Over applied overhead= $1260

5) Calculation for the adjusted cost of goods sold

Adjusted cost of goods sold = 635600-1260

Adjusted cost of goods sold= $634340

8 0
3 years ago
Kimbeth Manufacturing uses a process cost system to manufacture dust density sensors for the mining industry. The following info
Lena [83]

Answer:

$6 per unit

Explanation:

using the weighted average method:

units completed 92,000 x 100% (both materials and conversion)

ending work in progress 24,000

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  • conversion 40% completed = 9,600

equivalent unit conversion costs = total conversion costs / total equivalent units of conversion

  • total conversion costs = $20,320 + $15,240 + $$182,880 + $391,160 = $609,600
  • total equivalent units of conversion = 92,000 + 9,600 = 101,600

equivalent unit conversion costs = $609,600 / 101,600 units = $6 per unit

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2 years ago
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Katyanochek1 [597]
17 which should equal 215.01 I think- sorry if I’m wrong
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When ships carrying imported goods arrive at U.S. ports, customs officers are responsible for inspecting the goods and determini
azamat
I think The answer is b
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