Question

In: Economics

Use matrix algebra to answer the following question: A division of an automobile manufacturing company handles...

  1. Use matrix algebra to answer the following question: A division of an automobile manufacturing company handles two models: A and B. Model A requires 1 labour hour to paint and 1⁄2 labour hour to polish. Model B requires 1 labour hour for each process. During each hour that the division operates, there are 90 labour hours available for painting and 75 labour hours for polishing. The number of each model that this division must handle if all labour hours available are utilized happens to be

    1. a) 20 of A, 70 of B

    2. b) 50 of A, 40 of B

    3. c) 60 of A, 30 of B

    4. d) 45 of A, 45 of B

    5. e) 30 of A, 60 of B

    6. f) None of the above

be detail explain why .

Solutions

Expert Solution

Model A requires 1 labour hour to paint and 1/2 labour hour to polish

Model B requires 1 labour hour to paint and 1 labour hour to polish

Total number of labour hours available for painting = 90

Total number of labour hours available for polishing =75

Let 'x' & 'y' be the number of model A & model B respectively that the division must handle in order to utilize all the labour hours properly

From the above, we obtain

Total Labour hours required to paint both models = 1 x (x) + 1 x (y) = x+y

Total Labour hours required to polish both models = 1/2 x (x) + 1 x (y) = (x/2)+y

From the above analysis, we equate the total labour hours required to total labour hours available

x + y = 90 & x/2 + y = 75

x = 30

y = 60

Therefore, the number of cars of model A = 30 & the number of cars of model B = 60, which the division must handle if all the available labour hours are to be utilised.

Ans: Option E. 30 of A, 60 of B


Related Solutions

Consider the general linear model ? = ?? + ?. Use matrix algebra to show that...
Consider the general linear model ? = ?? + ?. Use matrix algebra to show that ?̂ is an unbiased estimator of ?. the last ? has bar
Use the matrix inverse and the matrix division method to solve the following set for x and y in terms of c:
Use the matrix inverse and the matrix division method to solve the following set for x and y in terms of c:
Linear Algebra Carefully prove the following statement: Let A be an n×n matrix. Assume that there...
Linear Algebra Carefully prove the following statement: Let A be an n×n matrix. Assume that there exists an integer k ≥ 1 such that Ak = I . Prove that A is invertible.
Use this information for Harry Company to answer the question that follow. The following data are...
Use this information for Harry Company to answer the question that follow. The following data are given for Harry Company: Budgeted production 1,033 units Actual production 957 units Materials: Standard price per ounce $1.823 Standard ounces per completed unit 12 Actual ounces purchased and used in production 11,829 Actual price paid for materials $24,249 Labor: Standard hourly labor rate $14.02 per hour Standard hours allowed per completed unit 4.1 Actual labor hours worked 4,929 Actual total labor costs $80,096 Overhead:...
You may need to use the appropriate appendix table to answer this question. Automobile repair costs...
You may need to use the appropriate appendix table to answer this question. Automobile repair costs continue to rise with the average cost now at $367 per repair.† Assume that the cost for an automobile repair is normally distributed with a standard deviation of $88. Answer the following questions about the cost of automobile repairs. (a) What is the probability that the cost will be more than $450? (Round your answer to four decimal places.) (b) What is the probability...
Use the following information to answer questions . Allen Company applies manufacturing overhead on the basis...
Use the following information to answer questions . Allen Company applies manufacturing overhead on the basis of direct labor hours. Overhead was estimated to be $500,000 and direct labor hours were estimated to be 20,000. During the year, Allen Company incurred actual overhead costs of $510,000, actual direct labor hours of 21,000, and actual direct labor costs of $615,000. Allen Company had the following inventory balances at the beginning and end of the year: January 1 December 31 Finished goods...
Use the following information to answer questions . Allen Company applies manufacturing overhead on the basis...
Use the following information to answer questions . Allen Company applies manufacturing overhead on the basis of direct labor hours. Overhead was estimated to be $500,000 and direct labor hours were estimated to be 20,000. During the year, Allen Company incurred actual overhead costs of $510,000, actual direct labor hours of 21,000, and actual direct labor costs of $615,000. Allen Company had the following inventory balances at the beginning and end of the year: January 1 December 31 Finished goods...
Use the following Window Breeze Company income statement to answer the question. Window Breeze Company is...
Use the following Window Breeze Company income statement to answer the question. Window Breeze Company is a small manufacturer of window air conditioners and reported the following: Window Breeze Company Full Costing Income Statement For the Year Ending December 31, 2011 Sales ($150 per unit) $120,000 Less cost of goods sold 35,000 Gross margin 85,000 Less selling and administrative expenses: Selling expense $15,000 Administrative expense 15,000 30,000 Net income $55,000 Annual FMOH was $25,000 and 1,000 units were produced. All...
Use the following information to answer questions 5 – 21 . Allen Company applies manufacturing overhead...
Use the following information to answer questions 5 – 21 . Allen Company applies manufacturing overhead on the basis of direct labor hours. Overhead was estimated to be $500,000 and direct labor hours were estimated to be 20,000. During the year, Allen Company incurred actual overhead costs of $510,000, actual direct labor hours of 21,000, and actual direct labor costs of $615,000. Allen Company had the following inventory balances at the beginning and end of the year: January 1 December...
Use the following data to answer Questions 1 through 14: “MLK Co” is a manufacturing company...
Use the following data to answer Questions 1 through 14: “MLK Co” is a manufacturing company which is considering the purchase of a new equipment. The below given summarizes all the information related to the equipment: -Equipment’s price: $180,000 -Shipping: $20,000 -Payment to find a good place to install the equipment: $30,000 -Useful Life : 4 years -Depreciation Method: MACRS – 3 year class -Total Revenues/ year: $100,000 -Operating costs (Excluding Depreciation)/year: $25,000 -Salvage Value: $10,000 -Increase in Current Asset:...
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT