Question
In: Advanced Math
A company manufactures Products A, B, and C. Each product is processed in three departments: I,...
A company manufactures Products A, B, and C. Each product is processed in three departments: I, II, and III. The total available labor-hours per week for Departments I, II, and III are 900, 1080, and 840, respectively. The time requirements (in hours per unit) and profit per unit for each product are as follows. (For example, to make 1 unit of product A requires 2 hours of work from Dept. I, 3 hours of work from Dept. II, and 2 hours of work from Dept. III.)
| Product A | Product B | Product C | |
|---|---|---|---|
| Dept. I | 2 | 1 | 2 |
| Dept. II | 3 | 1 | 2 |
| Dept. III | 2 | 2 | 1 |
| Profit | $18 | $12 | $15 |
How many units of each product should the company produce in order to maximize its profit?
| Product A | units |
| Product B | units |
| Product C | units |
What is the largest profit the company can realize?
$
Are there any resources left over? (If so, enter the amount
remaining. If not, enter 0.)
| labor in Dept. I | labor-hours |
| labor in Dept. II | labor-hours |
| labor in Dept. III | labor-hours |
Solutions
Colby Messinger answered 2 years agoRelated Solutions
A company manufactures Products A, B, and C. Each product is processed in three departments: I,...
A company manufactures Products A, B, and
C. Each product is processed in three departments: I, II,
and III. The total available labor-hours per week for Departments
I, II, and III are 900, 1080, and 840, respectively. The time
requirements (in hours per unit) and profit per unit for each
product are as follows. (For example, to make 1 unit of product
A requires 2 hours of work from Dept. I, 3 hours of work
from Dept. II, and 2...
A company manufactures Products A, B, and C. Each product is processed in three departments: I,...
A company manufactures Products A, B, and
C. Each product is processed in three departments: I, II,
and III. The total available labor-hours per week for Departments
I, II, and III are 900, 1080, and 840, respectively. The time
requirements (in hours per unit) and profit per unit for each
product are as follows. (For example, to make 1 unit of product
A requires 2 hours of work from Dept. I, 3 hours of work
from Dept. II, and 2...
Hart Manufacturing makes three products. Each product requires manufacturing operations in three departments: A, B, and...
Hart Manufacturing makes three products. Each product requires
manufacturing operations in three departments: A, B, and C. The
labor-hour requirements, by department, are as follows:
Department
Product 1
Product 2
Product 3
A
1.50
3.00
2.00
B
2.00
1.00
2.50
C
0.25
0.25
0.25
During the next production period the labor-hours available are
450 in department A, 350 in department B, and 50 in department C.
The profit contributions per unit are $25 for product 1, $28 for
product 2,...
Hart Manufacturing makes three products. Each product requires manufacturing operations in three departments: A, B, and...
Hart Manufacturing makes three products. Each product requires
manufacturing operations in three departments: A, B, and C. The
labor-hour requirements, by department, are as follows:
Department
Product 1
Product 2
Product 3
A
3.00
2.00
1.50
B
1.00
2.50
2.00
C
0.25
0.25
0.25
During the next production period the labor-hours available are
450 in department A, 350 in department B, and 50 in department C.
The profit contributions per unit are $28 for product 1, $30 for
product 2,...
Hart Manufacturing makes three products. Each product requires manufacturing operations in three departments: A, B, and...
Hart Manufacturing
makes three products. Each product requires manufacturing
operations in three departments: A, B, and C. The labor-hour
requirements, by department, are as follows:
Department
Product 1
Product 2
Product 3
A
3.00
2.00
1.50
B
1.00
2.50
2.00
C
0.25
0.25
0.25
During the next
production period the labor-hours available are 450 in department
A, 350 in department B, and 50 in department C. The profit
contributions per unit are $28 for product 1, $30 for product 2,...
A local electronic company primarily manufactures four highly technical telecommunication products. Each product must be processed...
A local
electronic company primarily manufactures four highly technical
telecommunication products. Each product must be processed in the
following departments: component preparation, circuit board
fabrication, packaging, and testing. The time requirements in each
department (in hours) for each unit produced and its unit profit
are summarized in the following table:
Department
Product
Preparation
Fabrication
Packaging
Testing
Unit
Profit
A
.5
3
1
.5
$450
D
1.0
3
1
.5
$550
B
1.5
1
2
1.0
$600
C
1.5
2
.5...
Jasmine Company manufactures both pesticide and liquid fertilizer, with each product manufactured in separate departments. Three...
Jasmine Company manufactures both pesticide and liquid
fertilizer, with each product manufactured in separate departments.
Three support departments support the production departments:
Power, General Factory, and Purchasing. Budgeted data on the five
departments are as follows:
Support Departments
Producing Departments
Power
General
Factory
Purchasing
Pesticide
Liquid
Fertilizer
Overhead
$90,000
$314,000
$167,000
$78,900
$107,800
Square feet
1,500
—
1,500
4,200
4,800
Machine hours
—
1,403
1,345
24,000
8,000
Purchase orders
20
40
7...
Giant Company has three products, A, B, and C. The following information is available: Product A...
Giant Company has three products, A, B, and C. The following
information is available: Product A Product B Product C Sales
$70,000 $97,000 $23,000 Variable costs 37,000 51,000 15,000
Contribution margin 33,000 46,000 8,000 Fixed costs: Order and
delivery costs 10,000 20,000 2,000 Allocated corporate costs 7,000
12,000 9,400 Operating income $16,000 $14,000 $ (3,400) Delivery
and ordering costs are avoidable costs. a. Do you recommend
discontinuing the Product C line? Why or why not? b. What
additional factors should...
ABC products makes parts for car engines. three departments (A, B and C) are involved in...
ABC products makes parts for car engines. three departments (A,
B and C) are involved in the manufacturing process. The budgets for
departmental overhead costs are $25,000, $45,000 and $30,000
respectively, which are allocated to products based on direct labor
hours. Estimates of direct labor hours for each department are
5,000 7,000 and 10,000 hours respectively. The business-wide
overhead absorption rate is:
a. $3.00
b. $4.55
c. $4.81
d. 5.00
Barlow Company manufactures three products: A, B, and C. The selling price, variable costs, and contribution...
Barlow Company manufactures three products: A, B, and C. The
selling price, variable costs, and contribution margin for one unit
of each product follow:
Product
A B
C
Selling price $ 180
$ 270
$ 240
Variable expenses:
Direct materials 24
72
32
Other variable expenses 102
90 ...
ADVERTISEMENT
ADVERTISEMENT
Latest Questions
- Write a class encapsulating the concept of a student, assuming a student has the following attributes:...
- FOR JAVA (ZYBOOK) Write a method swapArrayEnds() that swaps the first and last elements of its...
- Problem 6-09 (Algorithmic) The Ace Manufacturing Company has orders for three similar products: Product Order (Units)...
- CLAIM LETTER ASSIGNMENT HEFTY TRASH BAGS While shopping at Walmart, you purchased 4 boxes of Hefty...
- The marketing team at Stacey Collins Inc. is conducting research to determine the reaction of consumers...
- if expected return is 14%. the dividend is to grow at the rate of 8% it...
- You are the IT director at Big Ten University. As part of a training program, you...
ADVERTISEMENT