A small business enterprise makes dresses and trousers. To make a dress requires 12 hour of...

A small business enterprise makes dresses and trousers. To make a dress requires 12 hour of cutting and 20 minutes of stitching. To make trousers requires 15 minutes of cutting and 12 hour of stitching. The profit on a dress is N$40 and on a pair of trousers N$50. The business operates for a maximum of 8 hours per day. Determine how many dresses and trousers should be made to maximize the profit and what the maximum profit is?

Expert Solution

Answer

No. of dresses = 12

and No. of trousers =8

Maximum profit is 880

orchestra answered 2 years ago

Q/A manufacturer of outdoor clothing makes wax jackets and trousers. Each jacket requires 1 hour to...

Q/A manufacturer of outdoor clothing makes wax jackets and trousers. Each jacket requires 1 hour to make, whereas each pair of trousers takes 40 minutes. The materials for a jacket cost $32 and those for a pair of trousers cost $40. The company can devote only 34 hours per week to the production of jackets and trousers, and the firm’s total weekly cost for materials must not exceed $1200. The company sells the jackets at a profit of $12 each...

Q- A manufacturer of outdoor clothing makes wax jackets and trousers. Each jacket requires 1 hour...

Q- A manufacturer of outdoor clothing makes wax jackets and trousers. Each jacket requires 1 hour to make, whereas each pair of trousers takes 40 minutes. The materials for a jacket cost $32 and those for a pair of trousers cost $40. The company can devote only 34 hours per week to the production of jackets and trousers, and the firm’s total weekly cost for materials must not exceed $1200. The company sells the jackets at a profit of $12...

Suppose a bank makes a loan to a small business so that business can purchase a...

Suppose a bank makes a loan to a small business so that business can purchase a new machine press. Which of the following are true of that event--that is, of the bank lending to the business? (you can choose multiple answers) a. The business takes on a liability in the form of the loan agreement (the business' promise to repay the loan) b. The bank becomes more liquid c. The bank holds an asset in the form of the checking...

There are (at least) two ways in which you can make a 12-hour clock. One possibility...

There are (at least) two ways in which you can make a 12-hour clock. One possibility is to just store hour values from 1 to 12. On the other hand, you can simply leave the clock to work internally as a 24-hour clock but change the display string of the clock display to show4:23 or 4:23pm when the internal value is 16:23. Implement both versions. Which option is easier? Which is better? Why? use python

A small business owner makes a conscious decision to remain small; a high-impact entrepreneur’s goal is...

A small business owner makes a conscious decision to remain small; a high-impact entrepreneur’s goal is not to stay small (Allen, 2020). Focusing on the high-impact entrepreneur, discuss the three primary characteristics of a growth strategy, and for each cite an example of a company whose growth has that particular characteristic.in 300 words.

Choose two functioning MSME (Micro / Small / Medium enterprise - any business sector of your...

Choose two functioning MSME (Micro / Small / Medium enterprise - any business sector of your choice) based in Oman. Describe at least two drawbacks or limitations each of them is facing. Explain what you would do to improve efficiency of the companies.

Ashley runs a small business in Boulder, Colorado, that makes snow skis. She expects the business...

Ashley runs a small business in Boulder, Colorado, that makes snow skis. She expects the business to grow substantially over the next three years. Because she is concerned about product liability and is planning to take the company public in year 2, she currently is considering incorporating the business. Pertinent financial data are as follows: Year 1 Year 2 Year 3 Sales revenue $150,000 $320,000 $600,000 Tax-free interest income 5,000 8,000 15,000 Deductible cash expenses 30,000 58,000 95,000 Tax depreciation...

This table provides information on costs and output per hour of a small business producing t-shirts....

This table provides information on costs and output per hour of a small business producing t-shirts. Assume these are all the costs of this business. Fill in the table and answer the related question: # of workers Output Marginal Product Total Cost ATC Variable costs AVC Marginal cost 0 0 --- 60 --- --- --- 1 10 140 2 25 245 3 42 347 4 60 473 5 77 609 6 92 753 7 107 903 8 120 1059 9...

Felicia’s Footwear is a small company that makes children’s custom footwear. The company make footwear for...

Felicia’s Footwear is a small company that makes children’s custom footwear. The company make footwear for all ages and specialize in footwear for medical problems and for unusually large sizes (e.g., the 6’9’’young man who wears a size 18 shoe and is still growing, etc.). Although the business has become noted for its deft handling of “problem” footwear, the company still handles a full line of shoes for all children. Felicia uses an old shoebox method of bookkeeping along with...

explain why YOU would make a good small business manager!

Question