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
kodGreya [7K]
2 years ago
14

At a chip manufacturing plant, four technicians (A, B, C, and D) produce three products (Products 1, 2, and 3). This month, the

chip manufacturer can sell 80 units of Product 1, 50 units of Product 2, and at most 50 units of Product 3. Technician A can make only Products 1 and 3. Technician B can make only Products 1 and 2. Technician C can make only Product 3. Technician D can make only Product 2. For each unit produced, the products contribute the following profit: Product 1, $6; Product 2, $7; and Product 3, $10. The time (in hours) each technician needs to manufacture a product is as follows(X means the technician can not produce the corresponding product). Each technician can work up to 120 hours per month. How can the chip manufacturer maximize its montly profit
Business
1 answer:
Vesna [10]2 years ago
7 0

The chip manufacturer can maximize the monthly profit by using the objective function: z = 6X₁ + 7X₂ + 10 X₃

An objective function is a function that has the goal of maximizing or minimizing the model's value based on the relationship between the variables in the function.

The term "decision variables" refers to a group of variables that are responsible for regulating the objective function.

The decision variable for the quantity of the product 1, 2, 3 manufactured can be expressed as:

  • X₁, X₂, X₃

The objective function used in maximizing the profit is:

  • z = 6X₁ + 7X₂ + 10 X₃

This is subjected to the constraint:

  • 2X₁ + 3X₃  ≤  120     (Tech A time and manufacturing limitation)
  • 2.5X₁ + 3X₂  ≤  120  (Tech B time and manufacturing limitation)
  • 4X₂  ≤  120               (Tech C time and manufacturing limitation)
  • 3.5X₂  ≤  120            (Tech D time and manufacturing limitation)

Learn more about objective function for maximizing profit here:

brainly.com/question/12975426

You might be interested in
Directional Lock Question #5: This investment is bought with the goal of
lara31 [8.8K]

Answer: L

Explanation:

7 0
3 years ago
A woman is shopping with her three children. She is carrying several items and does not have a shopping basket. She is still bro
dlinn [17]

Answer: The women customer either complain to the supervisors to address her issue immediately nor the employee should apologize to the woman and provides a shopping basket to her.

Explanation:

In every supermarket, All employees of the shop have the duties and responsibilities to serve the customers' needs without any delay in time.  Consumer rights should be always ensured to protected in all the shops irrespective of the size of the business as well the employees count. The consumer has all rights to raise the complaint to the direct supervisors in the market.

In this case, Woman's customer has experienced the pain as she cannot able to get a basket to hold the items. As she needs to take care of her children, Her request needs to fulfilled without any delay. Mutual consent with the ethics of the shop needs to tie up the bonding relationship between employees and consumers. At last, if the employee apologizes for her mistake and helps the woman by providing basket will end in the peaceful business transactions in the supermarket.  

3 0
3 years ago
At the end of the current year, using the aging of receivable method, management estimated that $31,500 of the accounts receivab
Marina86 [1]

Answer:

Dr Bad debt expenses $ 32,400

Cr Allowance for doubtful accounts $ 32,400

Explanation:

Preparation of the adjusting entry that the company should make at the end of the current year to record its estimated bad debts expense

Dr Bad debt expenses $ 32,400

Cr Allowance for doubtful accounts $ 32,400

($31,500+$900)

( To record its estimated bad debts expense)

Estimated Bad debts expense =Account receivables + Debit balance

Estimated Bad debts expense= $31,500 + 900

Estimated Bad debts expense=$32,400

7 0
2 years ago
The top management of Kryptos Inc., a supplier of office stationery to large IT corporations, is involved in a meeting with its
liubo4ka [24]

Answer:

Jury of Executive Opinion

Explanation:

Jury of Executive Opinion method of sales forecasting employs the views of to management in various section. They are are experienced and have good knowledge of the market factors and are able to predict the expected sales. They are able to forecast sales figures through estimates and previous experiences. All internal and external factors are taken into account. Their judgements are pooled together and averaged in drawing the sales forecast of Kryptos Inc.

8 0
2 years ago
Read 2 more answers
Which economic theory(ies) view(s) mncs as bad for the working class and developing world?
Kaylis [27]

Radicalism is the economic theory that views MNC's as bad for the working class and developing world.

Given that MNC's are viewed bad for the working class and developing world.

We are required to name the economic theory in which MNC's are viewed as bad for the working class and developing world.

The name of the economic theory that views MNC's as bad for the working class and developing world is radicalism. The term radicalism believes that society needs to be changed, and that these changes are only possible through revolutionary means. It is basically a negative theory for the MNC's. They are seem to be bad for the developing countries because they sometimes use the resources of the country out of the limit and in future the country will suffer from the scarcity of resources.

Hence radicalism is the economic theory views MNC's as bad for the working class and developing world.

Learn more about MNC's at brainly.com/question/13312055

#SPJ4

8 0
1 year ago
Other questions:
  • If staff salaries were $32,000/month last year and $47,000/month this year, what is the total yearly labor cost increase?
    12·1 answer
  • _______ in active circulation includes money in everyone's pockets and is part of ______
    7·1 answer
  • The Finishing Department had 5,000 incomplete units in its beginning Work-in-Process Inventory which were 100% complete as to ma
    13·1 answer
  • Baby jasmine wakes up every 2 hours to be fed, but she sleeps for about 18 to 20 hours a day. jasmine is:
    14·2 answers
  • On January 1, Bargain Company's Valuation Allowance for Trading Investments account had a debit balance of $18,500. On December
    7·1 answer
  • 3. The speaker implies that kids are, on average, more imaginative than adults. Do you
    5·1 answer
  • The United States ran large trade deficits during the 1980s and 1990s. How would you determine whether these trade deficits led
    8·1 answer
  • Please submit your idea for a practical, innovative, and marketable product or service (it’s just for a project)
    7·1 answer
  • Can somone awnse r my math question in my questions on my profile caus im low in math
    11·1 answer
  • As posited by carroll’s pyramid, the first and foundational responsibility of organizations in the global economy is to.
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!