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Buzz appliances manufactures two products: food processors and espresso machines. The following data are available: food proce

MArishka [77]

In order to maximize profit, 4800 Expresso machines and 0 food processors should be produced.

<h3>How to maximize profit</h3>

From the information given, the contribution margin per hour for Expresso makers will be:

Sales price = $225

Less: Variable cost = $190

Contribution margin = $35

Units per hour = $3

Contribution margin per machine hour = $35 × 3 = $105

Also, the Contribution margin per machine hour for food processor is $90.

Number of units available = 1600

Units per machine hour = 3.

Units to manufacture = 1600 × 3 = 4800

Therefore, to maximize profit, 4800 Expresso machines and 0 food processors should be produced.

Learn more about profit on:

brainly.com/question/19104371

8 0

2 years ago

The quality-control manager at a compact fluorescent light bulb factory need to determine whether the mean life of a large shipm

svet-max [94.6K]

Complete Question:

The mean life of a large shipment of CFLs is equal to 7,500 hours. The population standard deviation is 1,000 hours. A random sample of 64 CFLs indicate a sample life of 7,250 hours.

1. State the Null and Alternative Hypothesis.

2. At the 0.05 level of significance, is there evidence that mean life is different from 7,500 hours.

3. Construct a 95% confidence interval estimate of the population mean life of the CFLs.

4. Compute the p-value and interpret its meaning.

Answer:

-2, (7005, 7450), 0.045

Explanation:

1).

H₀: mean of life shipment is 7500 hours

the hypothesis are outlined as follows

H₀: $\mu =$ 7500

H₁: $\mu \neq$ 7500

where, n = 64, x = 7250, $\sigma =$ 1000 hours

Test statistics:

$Z = \frac{7250-7500}{\frac{1000}{\sqrt{64}} } \\\\Z = -2$

Our conclusion from the above result is that there is sufficient evidence to say that the mean life is different from 7500 hours

2). 95% confidence Interval for the population mean $\mu$ is

$[7250-1.96\times \frac{1000}{\sqrt{64}},7250+1.96\times \frac{1000}{\sqrt{64}} ]\\\\(7005,7495)$

3).

the p-value is given by

$p-value =2P(Z\leq -|z|)\\\\p-value =2P(Z\leq -|2|)\\\\p-value = 0.0455$

8 0

2 years ago

What is molten rock deep within Earth called?<br><br> Debris<br> Lava<br> Magma<br> Sediment

Maru [420]

I’m pretty sure it’s magma

3 0

2 years ago

Read 2 more answers

Who were the "Saints?"

TiliK225 [7]

On the lutheran church ots mathew mark luke and jhon and in catholic is st. Mary but not 100% sure

5 0

2 years ago

Read 2 more answers

What the quarities of good supplier in the market should have?

storchak [24]

Answer:

1. Remains compliant with industry standards. Ultimately, buyers need to know that suppliers aren't going to add extra risk to their organisations' risk profiles.

2. Keeps information up-to-date.

3. Strives to continually improve.

4. Demonstrates innovation.

5. Has a proactive attitude.

Explanation:

3 0

2 years ago

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