A car manufacturer produces 4 types of cars: compact, SUV, sedan, and custom, with sale prices set to $13,000, $28,000, $23,000 and $40,000 respectively. The manufacturingprocess involves two major steps: assembly and painting. The required numbers of hours pertype of car are as follows:
Compact SUV Sedan Custom
Assembly 4 9 7 10
Painting 1 1 3 40
The unumfacturer needs a production plait for one year in which there are 5,000 hours available for assembly and 4,250 man-hours for painting.
(a) Using xe = units of type i cars to produce, i = compact, SUV, sedan, and custom, formulate an LP (assuming this company can produce fractional number of cars) to determine an optimal manufacturing plan to maximize total revenue.
(b) write the dual of the LP in part a.
Answers: 3
Business, 22.06.2019 01:00, biggs113056
Awidower devised his fee simple interest in his residence as follows: “to my daughter for life, then to my oldest grandchild who survives her.” at the time of the widower’s death, he was survived by his only two children, a son and a daughter, and by one grandchild, his daughter’s son. a short time later, the daughter together with her son entered into a contract to sell the residence in fee simple to a buyer. the applicable jurisdiction continues to follow the common law rule against perpetuities, but has abrogated the rule in shelley’s case. at the closing, the buyer refused to purchase the residence. can the sellers compel the buyer to do so?
Answers: 2
Business, 22.06.2019 23:00, kobiemajak
Doogan corporation makes a product with the following standard costs: standard quantity or hours standard price or rate direct materials 2.0 grams $ 7.00 per gram direct labor 1.6 hours $ 12.00 per hour variable overhead 1.6 hours $ 6.00 per hour the company produced 5,000 units in january using 10,340 grams of direct material and 2,320 direct labor-hours. during the month, the company purchased 10,910 grams of the direct material at $7.30 per gram. the actual direct labor rate was $12.85 per hour and the actual variable overhead rate was $5.80 per hour. the company applies variable overhead on the basis of direct labor-hours. the direct materials purchases variance is computed when the materials are purchased. the materials quantity variance for january is:
Answers: 1
Business, 23.06.2019 19:50, colyernicholas44
Which of the following are true of mortgages? a mortgage is a long-term loan secured by real estate. a borrower pays off a mortgage in a combination of principal and interest payments that result in full payment of the debt by maturity. over 80 percent of mortgage loans finance residential home purchases. all of these are true of mortgages. only a mortgage is a long-term loan secured by real estate and a borrower pays off a mortgage in a combination of principal and interest payments that result in full payment of the debt by maturity of these are true of mortgages.
Answers: 2
A car manufacturer produces 4 types of cars: compact, SUV, sedan, and custom, with sale prices set t...
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