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elena-14-01-66 [18.8K]
3 years ago
8

Question 1 A small company manufactures three different electronic components for computers. Component A requires two hours of f

abrication and 1 hour of assembly. Component B requires 3 hours of fabrication and 1 hour of assembly. Component C requires 2 hours of fabrication and 2 hours of assembly. The company has up to 1,000 labor-hours of fabrication time and 800 labor-hours of assembly time available per week. Due to storage restrictions, the combined total number of components produced each week cannot exceed 420. The profit on each component A, B, and C is $7, $8 and $10 respectively. How many components of each type should they company manufacture each week in order to maximize profit, assuming that all components can be sold
Business
1 answer:
Nonamiya [84]3 years ago
7 0

Answer: A should be A=200, B should be B=0, and component C should be C=350. This will lead to a maximum profit of$4550.

Explanation:

Let A, B, and C be the number of components of types A, B, and C that the company should manufacture each week. The aim is to maximize the profit. Profit per unit of A, B, and C is $7, $8, and $10, respectively. So, formulate the objective function as follows :MaxP=7A+8B+10C

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What is the key feature in basic automobile insurance ?
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The third feature is comprehensive coverage. This is optional in your insurance and it would cover the expense on repair in case of fire or natural disaster, theft, etc.

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3 years ago
Honda Motor Company is considering offering a $ 1 comma 800 rebate on its​ minivan, lowering the​ vehicle's price from $ 29 comm
zvonat [6]

Answer:

The cost of the rebate is that Honda will sell more vehicles and lose on each additional vehicle sold.

Explanation:

The cost-benefit analysis is a systematic approach that involves finding the marginal costs and marginal benefits associated with a particular decision, and then compare the benefits against the costs to determine whether the decision should be pursued.

To determine the costs and benefits in terms of incremental profits;

Benefit = Profit of $5,090 per vehicle × 13,500 (53200 - 39700) additional vehicles sold = $68,715,000  

The cost of the rebate is that Honda will make less on the vehicles it would have sold:

Cost = Loss of $1,800 per vehicle × 39,700 vehicles that would have sold without rebate = $71,460,000.

There, Benefit - Cost = $ (68,715,000 - 71,460,000) = - $2,745,000 and offering the rebate does not look attractive.

The rebate being offered is not a good idea as the cost outweighs the benefit.

5 0
3 years ago
Jennifer is marketing manager for a major consumer goods firm. She is interested in determining if market opportunity exists for
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Answer:

- How to best segment the ready-made dinner market.

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3 years ago
A citizen in a developing country with a currency policy of convertibility on the current account could engage in all of the fol
masha68 [24]

Answer: purchase foreign currency in order to purchase a U.S. treasury bond.

Explanation:

Currency convertibility has to do with the degree in which the domestic currency of a particular country can be converted into the currency of another country.

Therefore, a citizen in a developing country with a currency policy of convertibility on the current account could engage in the purchase foreign currency in order to purchase a U.S. treasury bond.

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3 years ago
The reporting of financial conditions at the corporation so that can be evaluated. b. Legal protections for shareholders so that
gogolik [260]

Answer:

a) Financial Statements

b) Limited Liability

Explanation:

a) The reporting of financial conditions at the corporation so that it can be evaluated, is the aim of preparing <em>financial statements. </em>Financial statements<em> </em>are periodic reports prepared monthly or annually to show the financial health of a company. They are made up of the statement of profit or loss, statement of financial position, cash flow statements and statement of changes in equity.

b) Legal protections for shareholders so that they are not taken advantage of is the purpose of limiting the liability of shareholders. Limited liability relates to a shareholder's financial liability being limited to a fixed amount not exceeding his investment in the company or partnership. Nevertheless every shareholders is liable for his own actions personally.

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