Lemon Company makes products X and Y, with the following production constraints representing two machines: Machine 1: 2X+3Y18 Machine 2: 2X+Y<10 If the profit equation is Z-4x+2y, then what is the maximum possible profit? a P18 b. P20 с. Р21 d. P24

Q: The question reads.  A theater is presenting a program of drinking and driving for students and…

A: Let’s assume that the number of adults is x and students be y.   Formulating the linear problem…

Q: The following cost information pertains to the new CD: CD package and disc (direct material and…

A:

Q: 3. Andy Mendoza makes handcrafted dolls, which he sells at craft fairs. He is considering…

A: Find the Given details below: Given details: Initial Investment 25000 Variable cost 10…

Q: A firm is selling two products—chairs and bar stools—each at $50 per unit. Chairs have a variable…

A: Break-Even point is a point where the position of the organization is neither it incurs any loss nor…

Q: An auto parts maker in Indonesia produces one of the spare parts brands with a daily production rate…

A: Given data is Daily production rate = 200 units Annual demand = 12,500 units Working days = 250 days…

Q: it produces $40 worth of product A. Suppose also that each of the three techniques shown in the…

A: Resource Units Required Resource Price per Unit of Resource Technique 1…

Q: 214 consider Problem 2.15 wVhere, in this case, each process is capable of rework. Given the…

A: Given, Process     1 3% 60% 2 5% 75% 3 7% 80%

Q: The Chewy Candy Company would like to determine an aggregate production plan for the next six…

A: Below are the approach and calculations for all three plan options. The total cost for each plan is…

Q: Talib must decide whether to have one or two machines for tailoring. One machine will mean a fixed…

A: Break even quantity is the quantity at which the total cost and revenue becomes equal. QBEP=Fixed…

Q: If the sales mix changes to 1. 4 (one chair sold for every four bar stools sold) what is theb…

A: The break-even point is the point at which the organization's situation is neither profitable nor…

Q: 2. Two suppliers of products are available to supply the needs of four supermarkets. Each supplier…

A: Find the Given details below: Given details: From To   Super Market A Super Market B Super…

Q: 4. Assume that a business firm finds that its profit is greatest when it produces $40 worth of…

A: Resource Units Required Resource Price per Unit of Resource Technique 1 Technique 2…

Q: Cara Ryder manages a ski school in a large resort and is try-ing to develop a schedule for…

A: a) The work schedule as per the given information is as follows:

Q: A manager is trying to decide whether to buy one machine ortwo. If only one machine is purchased and…

A: The decision tree for the given problem is shown below

Q: Based on the following sensitivity report, how much should the firm be willing to pay for 160 more…

A: Sensitivity Analysis is a financial modeling tool that examines how the values of a group of…

Q: Terry, Inc., makes gasoline storage tanks. All production is done under contract. The company makes…

A: Income is the amount of money that an individual or business receives for providing labor, producing…

Q: Janelle Heinke, the owners of Ha'Peppas, is consid-ering a new oven in which to bake the firm's…

A: Note: - Since we can answer only up to three subparts we will answer the first three subparts(a, b,…

Q: Assume a fixed cost of $900, a variable cost of $4.50, and a selling price of $5.50.a. What is the…

A: Fixed cost = F = $900 Variable cost = V = $4.50 Selling Price = S = $5.50 Let units manufactured = P

Q: A company has fixed costs of $300,000 and produces one product with a selling price of $72.00 and a…

A: Here, the given data, The fixed costs=300000 and selling price per unit=72 and the variable cost per…

Q: Tri-County G&amp;T sells 150,000 MWh per year of electrical power to Boulder at $75 per MWh, has…

A: Total demand = 1000000 MWh = 1 million MWh Fixed Cost = $82.5 m Variable Cost/MWh = $325 Variable…

Q: Refer to the Par, Inc., problem. Suppose that Par’s management encounters the following situations.…

A: Solution 1 The following is the current mathematical model for the production of Standard and Deluxe…

Q: Problem 225-17 (Algo) The M-N plant manufactures two different products: M and N. Selling prices and…

A: A Small Introduction of Supply Chain Management   Supply Chain Management incorporates, arranges,…

Q: A factory manufactures two products A and B on three machines X,Y, and Z. Product A requires 10 min…

A:

Q: 2. An educational institution has total direct labor and material costs of $1964 per student. Its…

A: Break even point = Fixed cost / Contribution margin per unit Contribution margin = Revenue -…

Q: A telephone company have a production capacity of 500,000 units per month. At its present capacity…

A: Given-   Production capacity =  500,000 units per monthMonthly income = ₱350,000,000Monthly…

Q: 3. A cement grinding mill "A" with a capacity of 50 tons per hour utilizes forged steel grinding…

A: Given - Mill A capacity = 50 tons per hour  Mill B capacity = 50 tons per hour

Q: a) Compute the costs of the chase strategy.    b) Compute the costs for a level strategy.    c)…

A: In the above question it is given that current labor fforce is 10 for producing 500 units. The cost…

Q: The planner at a company that makes garden tractors is about to prepare an aggregate production plan…

A: Disclaimer-Since you have asked multiple question we will solve the first question for you. If you…

Q: Battle Creek Cereal Company has four main products:  Corn Flakes, Frosted Flakes, Bran Flakes and…

A: The total average daily demand for the products isCorn flakes, frosted flakes, bran flakes,…

Q: A company evaluate its hiring cost is RM150 per worker and layoff cost is RM200 per worker.…

A: Given data is Hiring cost = RM150 Layoff cost = RM200 Current number of workers = 20 Forecasted…

Q: Based on the following sensitivity report, how much should the firm be willing to pay for 76 more…

A: Below is the solution:-

Q: the members of an instamural softball team decided to get cutom t-shirts made. there arer two…

A: Given data,  Set-Up fee of graphic charges = $22 Shirt = $7  Shirt shack is not charging a setup fee…

Q: A manager has the option of purchasing one, two, or three machines. Fixed costs and potential…

A: Formula: Answer:

Q: As manager of the St. Cloud Theatre Company, you have decided that concession sales will support…

A: Given-

Q: The purchase price of a machine is 10,000 TL and the expected scrap value is 2,000 TL The economic…

A:

Q: Exercise 6: The Good Furniture makes two products: tah les and chairs, which mustbe processed…

A: 6) The objective function Max (180X + 100Y) Subject to 4X + 2Y &lt;= 60…

Q: Rainbow Inc's products are given below. If the company's total labor capacity is 3200 hours/week,…

A: The question is related to Oprtimum production of the product when there is Constraints. When there…

Q: Sipple Furniture’s master budget for the year includes $360,000 for fixed supervisory…

A: Hence, the budgeted supervisory salary is $30,000.

Q: What is Jaclyn’s new break-even point? If she sells 264 bubble teas, which option does she prefer?

A: THE ANSWER IS AS BELOW:

Q: hen deciding to add capacity to a factory which of the following need be considered?   a.…

A: The answer is All of the above except d. Option ,e.

Q: The Chewy Candy Company would like to determine an aggregate production plan for the next six…

A: Below are the approach and calculations for all three plan options. The total cost for each plan is…

Q: Ex 5 Fitzsimmons & Fitzsimmons (2008) compare 2 capacity management strategies. Part of their…

A: A level capacity plan is a production strategy where the production will remain constant even if…

Q: Yu Amy Xia bas developed a specialized airtightvacuum bag to extend the freshness of seafood shipped…

A: Note: “Since you have posted a question with multiple sub-parts, we will solve the first three…

Q: In aggregate planning decision variables, higher material costs are related with the decision…

A: Aggregate PlanningAggregate planning is helps in capacity to meet fluctuating demand at minimum…

Q: If the projected or forecasted sales of Malinao Bakery for the month of January is 2100 loaves of…

A: Projected sale will be the sum of forecasting sales multiplied by the unit sale values. Using the…

Q: The Wacky Widget Company manufactures widgets. Manufacturing widgets takes four steps, done in…

A: Given data  Demand rate = 0.14 widgets per minute  The supply rate of the raw material = 0.18…

Q: Based on the following sensitivity report, how much should the firm be willing to pay for 53 more…

A: Given sensitivity report-

Q: Manufacturing Aggregate Planning. Manufacturers Inc. (MI) currently has a labor force of 10, which…

A: Small Introduction about Demand The request is a financial hypothesis that alludes to a consumer's…

Forecasting in Business

Forecasting is the process of predicting the future based on the past and the present data and circumstances. In other words, forecasting is the act of making a detailed analysis of future events based on the decisions made in the past as well as the present. Forecasting plays a very important role in operational management as it helps in planning and decision-making. It is not only important for the success of a business but also contributes to individual growth and success. Many business organizations or companies have failed due to the shortcomings of their forecasting.