Question

In: Advanced Math

The Patricia Garcia Company Is Currently Producing Seven New Medical Products. Each Of Garcia's ... Question:...

The Patricia Garcia Company Is Currently Producing Seven New Medical Products. Each Of Garcia's ... Question: The Patricia Garcia company is currently producing seven new medical products. Each of Garcia's e... The Patricia Garcia company is currently producing seven new medical products. Each of Garcia's eight plants can add one more product to its current line of medical devices. The unit manufacturing costs for producing the different parts at the eight plants are shown below. How should Garcia assign the new products to the plants in order to minimize manufacturing costs? I need a step by step example*** use linear programming manually not excel

P1 P2 P3 P4 P5 P6 P7 P8
C53 .1 .12 .13 .11 .1 .06 .16 .12
C81 .05 .06 .04 .08 .04 .09 .06 .06
D5 .32 .4 .31 .3 .42 .35 .36 .49
D44 .17 .14 .19 .15 .1 .16 .19 .12
E2 .06 .07 .1 .05 .08 .1 .11 .05
E35 .08 .1 .12 .08 .09 .1 .09 .06
G99 .55 .62 .61 .7 .62 .63 .65 .59

Solutions

Expert Solution


Related Solutions

Question 1 ABC company is considering producing a new range of smartphones that will require it...
Question 1 ABC company is considering producing a new range of smartphones that will require it to build a new factory. The project itself will go for 20 years. Feasibility studies have been done on the factory which cost $5 million. The studies have found the following: 1. The factory will cost $25 million and will have a useful life of 25 years. 2. The land where the factory will go is currently used as a carpark for workers and...
Question A: The marketing manager of a company producing a new cereal aimed for children wants...
Question A: The marketing manager of a company producing a new cereal aimed for children wants to examine the effect of the color and shape of the box's logo on the approval rating of the cereal. He combined 3 colors and 2 shapes to produce a total of 6 designs. Each logo was presented to 3 different groups (a total of 18 groups) and the approval rating for each was recorded and is shown below. The manager analyzed these data...
Patricia, a CPA, is the new controller for a small construction company, Domingo Builders, that employs...
Patricia, a CPA, is the new controller for a small construction company, Domingo Builders, that employs 75 people. The company specializes in custom homes greater than 3,500 square feet. The demand for large custom homes has significantly decreased because of the downturn in the economy. As a result of economic conditions their target market is dwindling, significantly affecting the company’s finances. The ability to collect an outstanding receivable that is significant and material is in doubt. Prior to year-end Patricia...
Please provide the table and answers to each question with calculations, Thank you A company producing...
Please provide the table and answers to each question with calculations, Thank you A company producing plastic cell-phone cases uses a $5,000 blower, a $2,000 processor, and $4,200 worth of molds. The rent paid for their space in an industrial park is $5,000 per production period. The cost of materials (resins and compounds) is $10 per unit. The cell phone case market is competitive, with a market price of $25. Each unit of labor is paid $5,000 per production period....
*I am seeking an answer to Question 1 B.* ABC company is considering producing a new...
*I am seeking an answer to Question 1 B.* ABC company is considering producing a new range of smartphones that will require it to build a new factory. Feasibility studies have been done on the factory which cost $5 million. The studies have found the following: The factory will cost $25 million and will have a useful life of 20 years. The land where the factory will go is currently used as a carpark for workers and it is assumed...
Question 3: Just as there are many risks that take place in producing agricultural products, there...
Question 3: Just as there are many risks that take place in producing agricultural products, there are also a number of risks that occur in the marketing (value) chain between the farm gate and the consumer. List and explain the types of risk that may occur in the marketing chain.
A multinational company is currently producing goods in China to export to the US WHAT are...
A multinational company is currently producing goods in China to export to the US WHAT are the risks and strategies this company may be facing in order to deal with the uncertainties of the Trade War between the US and China?? (provide details regarding specific risks and strategies the company may use in order to cope with these risks) Provide details and specify possible changes that the continuation of a Trade War may bring about to the Balance of Payments...
Question 3:      Assume Khan steel in Afghanistan is producing 1200 tons of steel currently. They...
Question 3:      Assume Khan steel in Afghanistan is producing 1200 tons of steel currently. They sell each ton for 1000$. Answer the following questions with graphical representation. (8 Marks) Suppose Maihan Steel starts operation, and supply steel to the market. What will be the effect on steel market equilibrium? (write your answer in at least 300 words, you will get 2 marks) The government dedicates an iron ore mine to steel companies for a very little price compared to...
Question 1: You are currently evaluating a new project for your company. The project requires an...
Question 1: You are currently evaluating a new project for your company. The project requires an initial investment in equipment RM 90,000 and an investment in working capital of RM10,000 at the beginning (t=0). The project is expected to produce sales revenues of RM120, 000 for three years. Manufacturing costs are estimated to be 60% of the revenues. The asset is depreciated over the project’s life using straight-line depreciation method. At the end of the project (t=3), you can sell...
4. A small Canadian company that has developed valuable new medical products using its unique biotechnology...
4. A small Canadian company that has developed valuable new medical products using its unique biotechnology know-how is trying to decide how best to serve the European Union market. Its choices are given below. The cost of investment in manufacturing facilities will be a major one for the Canadian firm, but it is not outside its reach. If these are the firm's only options, which one would you advise it to choose? Why? 1.Manufacture the products at home and let...
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT