Question
In: Advanced Math
A furniture factory has 2230 machine hours available each week in the cutting department, 1470 hours...
A furniture factory has 2230 machine hours available each week in the cutting department, 1470 hours in the assembly department, and 2960 in the finishing department. Manufacturing a chair requires 0.3 hours of cutting, 0.5 hours of assembly, and 0.6 hours of finishing. A cabinet requires 0.8 hours of cutting, 0.3 hours of assembly, and 0.1 hours of finishing. A buffet requires 0.2 hours of cutting, 0.1 hours of assembly, and 0.9 hours of finishing. How many chairs, cabinets, and buffets should be produced in order to use all the available production capacity?
Please help and provide step by step so I can learn how to do this! Thank you :)
Solutions
Colby Messinger answered 2 years agoRelated Solutions
The normal capacity of McDougall Company s Die Cutting Department is 4,500 machine hours per month....
The normal capacity of McDougall Company s Die Cutting
Department is 4,500 machine hours per month. At normal capacity,
the standard factory overhead rate is $24.80 per machine hour,
based on budgeted fixed factory overhead of $85,500 per month and a
variable overhead rate of $5.80 per machine hour. During July, the
department operated at 4,600 machine hours, with actual factory
overhead of $121,000. The number of standard machine hours allowed
for the production actually attained is 4,200. Required: Compute...
) Short Inc has 5,200 machine hours available each month. The following information on the company's...
) Short Inc has 5,200 machine hours available each month. The
following information on the company's three products is
available:
Product 1
Product 2
Product 3
Contribution margin per unit
$
45.00
$
54.00
$
22.50
Machine hours per unit
3
2
1
Sales demand in units
900
1,000
3,000
Required:
a. What production schedule will maximize the company's
profits?
b. What will be the maximum possible contribution margin?
Zantaq Inc. has 5,490 machine hours available each month. The following information on the company's three...
Zantaq Inc. has 5,490 machine hours available each month. The
following information on the company's three products is
available:
Bookcases
Chairs
Side Tables
Contribution margin per unit
$
42.00
$
36.00
$
16.50
Machine hours per unit
3
2
1
The market demand is limited to 2,090 units of each of the three
products. What is the maximum possible contribution margin that
Zantaq could make in any month?
Short Inc has 6,000 machine hours available each month. The following information on the company's three...
Short Inc has 6,000 machine hours available each month. The
following information on the company's three products is available:
Product 1 Product 2 Product 3 Selling price $ 90.00 80.00 50.00
Variable cost per unit 30.00 54.00 $ 26.00 Machine hours per unit 5
2 1.5 Sales demand in units 500 1,000 2,000 Required: a. What
production schedule will maximize the company's profits? b. What
will be the maximum possible contribution margin? c. The company
has an option of buying...
Short Inc has 6,000 machine hours available each month. The following information on the company's three...
Short Inc has 6,000 machine hours available each month. The
following information on the company's three products is
available:
Product 1
Product 2
Product 3
Selling price
$
90.00
80.00
50.00
Variable cost per unit
30.00
54.00
$
26.00
Machine hours per unit
5
2
1.5
Sales demand in units
500
1,000
2,000
Required:
a. What production schedule will maximize the company's
profits?
b. What will be the maximum possible contribution margin?
c. The company has an option of buying...
A furniture factory produces two types of desks. Type I and type II, in the cutting...
A furniture factory produces two types of desks. Type I and type II, in the cutting and assembly departments. the number of hours available in each department is: in department A 624 hours and in department B it is a third (1/3) more hours than in department A. To manufacture a type I desk unit it takes 3 hours in department A and 8 hours in department B. To manufacture a type II desk unit, 10 hours are required in...
A furniture factory produces two types of desks. Type I and type II, in the cutting...
A furniture factory produces two types of desks. Type I and type
II, in the cutting and assembly departments. the number of hours
available in each department is: in department A 624 hours and in
department B it is a third (1/3) more hours than in department A.
To manufacture a type I desk unit it takes 3 hours in department A
and 8 hours in department B. To manufacture a type II desk unit, 10
hours are required in...
A furniture factory produces two types of desks. Type I and type II, in the cutting...
A furniture factory produces two types of desks. Type I and type
II, in the cutting and assembly departments. the number of hours
available in each department is: in department A 624 hours and in
department B it is a third (1/3) more hours than in department A.
To manufacture a type I desk unit it takes 3 hours in department A
and 8 hours in department B. To manufacture a type II desk unit, 10
hours are required in...
DeLuxe Furniture is thinking of buying a wood cutting machine for $150,000 that would save it...
DeLuxe Furniture is thinking of buying a wood cutting machine
for $150,000 that would save it $40,000 per year in production
costs. The savings would be constant over the project's 3-year
life. The machine is to be linearly depreciated to zero and will
have no resale value after 3 years.
The machine would require an additional $9,000 in net operating
working capital. The appropriate cost of capital for this project
is 14% and the company's tax rate is 35%.
Year...
A machine is available 10 hours a day. Each part takes 90 minutes to fabricate and...
A machine is available 10 hours a day. Each part takes 90 minutes to fabricate and 10 minutes to setup 10% o the parts made are defect e and must go through the machine again to be reworked, during which both setup and fabrication have to be performed again. The machine is idle for any unused time Or average, 5 good parts are made each day. What is the overall equipment effectiveness of the machine?
0.17
0.75
0.075
0.83
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