Business
Business, 24.03.2021 16:30, Netnee

A maker of medical protective equipment produces three types of masks (small, medium and large) that are assembled from cloth, a metal nose strip and elastic cord. The small mask uses 13 square inches of cloth, 1 metal nose strip and 7 inches of elastic cord. The medium mask uses 15 square inches of cloth, 1 metal nose strip and 8 inches of elastic cord. The large mask uses 18 square inches of cloth, 1 metal nose strip and 10 inches of elastic cord. The profits for the three masks are: $0.10 per mask for small, $0.12 per mask for medium, and $0.15 per mask for large. For the next month, the mask maker has available 15,000 square inches of cloth, 1200 metal nose clips, and 10,000 inches of elastic cord. The demand for large masks is limited, so they should not produce more than 300 large masks in the next month. Required:
a. Formulate this as a linear programming problem to maximize the mask maker’s profit (suppose fractional masks are allowed and that all masks will be sold). Use Solver in Excel to find the optimal solution.
b. In the optimal solution, how many masks of each type should be made and what is the optimal profit?
c. In the optimal solution, how many masks of each type should be made and what is the optimal profit?

answer
Answers: 3

Other questions on the subject: Business

image
Business, 22.06.2019 22:00, lionscoachjose
Most economists report the elasticity of demand asa. the absolute value of the actual number. b. a negative number, since price and quantity demanded move in opposite directions. c. a percentage, since both the numerator and denominator are percentages. d. a dollar amount, since we are measuring the change in price.
Answers: 2
image
Business, 23.06.2019 02:00, brennarfa
Suppose that a major city’s main thoroughfare, which is also an interstate highway, will be completely closed to traffic for two years, from january 2014 to december 2015, for reconstruction at a cost of $535 million. if the construction company were to keep the highway open for traffic during construction, the highway reconstruction project would take much longer and be more expensive. suppose that construction would take four years if the highway were kept open, at a total cost of $800 million. the state department of transportation had to make its decision in 2014, one year before the start of construction (so that the first payment was one year away). so the department of transportation had the following choices: (i) close the highway during construction, at an annual cost of $267.5 million per year for two years. (ii) keep the highway open during construction, at an annual cost of $200 million per year for four years. now suppose the interest rate is 80%. calculate the present value of the costs incurred under each plan.
Answers: 3
image
Business, 23.06.2019 02:20, lenaeeee
Required information lansing company’s 2017 income statement and selected balance sheet data (for current assets and current liabilities) at december 31, 2016 and 2017, follow. lansing company income statement for year ended december 31, 2017 sales revenue $130,200 expenses cost of goods sold 53,000 depreciation expense 17,500 salaries expense 29,000 rent expense 10,100 insurance expense 4,900 interest expense 4,700 utilities expense 3,900 net income $7,100 lansing company selected balance sheet accounts at december 31 2017 2016 accounts receivable $6,700 $8,000 inventory 3,080 2,090 accounts payable 5,500 6,800 salaries payable 1,100 810 utilities payable 440 270 prepaid insurance 370 500 prepaid rent 440 290 required: prepare the cash flows from operating activities section only of the company’s 2017 statement of cash flows using the indirect method. (amounts to be deducted should be indicated with a minus sign.)
Answers: 1
image
Business, 23.06.2019 15:30, khalilh1206
Bill is 31 years old, married, and lived with his spouse michelle from january 2018 to september 2018. bill paid all the cost of keeping up his home. he indicated that he is not legally separated and he and michelle agreed they will not a file a joint return. bill has an 8-year-old son, daniel, who qualifies as bill's dependent. bill worked as a clerk and his wages are $20,000 for 2018. his income tax before credits is $500. in 2018, he took a computer class at the local university to improve his job skills. bill has a receipt showing he paid $1,200 for tuition. he paid for all his educational expenses and did not receive any assistance or reimbursement. bill does not have enough deductions to itemize. bill, michelle, and daniel are u. s. citizens with valid social security numbers. 8. bill does not qualify to claim which of the following: a. head of household b. education benefit c. earned income credit d. all of the above
Answers: 3
Do you know the correct answer?
A maker of medical protective equipment produces three types of masks (small, medium and large) that...

Questions in other subjects:

Konu
Mathematics, 17.08.2021 06:20
Konu
Mathematics, 17.08.2021 06:20
Konu
Mathematics, 17.08.2021 06:20
Konu
Mathematics, 17.08.2021 06:20