Business
Business, 06.10.2019 05:00, angieinthehouse45

Abicycle component manufacturer produces hubs for bike wheels. two processes are possible for manufacturing. process 1 process 2production rate (part/hour) 35 15daily production time (hours/day) 4 7% of part rejected 20 9 assume that the daily demand for hubs allows all defect-free hubs to be sold. additionally, tested or rejected hubs cannot be sold. find the process that maximizes profit per day if each part is made from $4 worth of material and can be sold for $30. both processes are fully automated, and variable overhead cost is charged at the rate of $40 per hour.

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