Ms. Math must supplement her diet with at least 80 mg of calcium and at a minimum of 17 mg of iron. Two types of Vitamin capsules, Caltrate and Flexbon meet this requirement. The vitamin capsules Caltrate and Flexbon cost P8 and P6, respectively. Each Caltrate contains 8 mg of calcium and 2 mg of iron, whereas Flexbon contains 5 mg of calcium and 1 mg of iron. Formulate the objective function The minimum costs is The intercepts for the calcium constraints are The intercepts for the iron constraints are The vertex for the optimal solution is
Q: Based on the following sensitivity report, how much should the firm be willing to pay for 53 more…
A: Given sensitivity report-
Q: When the effective capacity turns out to be much less than the theoretical capacity, why it is not…
A: Effective capacity is the maximum amount of work that an organization can complete within the…
Q: Briefly and exactly explain how does the inventory management impacts the performance of the supply…
A: To be determined: Explain how does the inventory management impacts the performance of the supply…
Q: a) what is the bottleneck time of the system? b) what is the bottleneck station of this work cell?…
A: Production is the process in which inputs are combined to have the required output. It includes a…
Q: How did the requirements prioritization activity go? What were the issues and challenges? How can…
A: Requirement prioritization is used to set requirements in a project so that engineers and…
Q: anagement to adopt the most preferred structure to support the entire project. This should be done…
A: Importance of organizational structure: By structure, we mean the system around which the gathering…
Q: i need the answer quickly
A: Every Primal has dual and every dual has a primal. The primal of maximization become minimization of…
Q: Enumerate and describe the various stages of systems development life cycle.
A: Systems development life cycle can be defined as a model of project management which defines various…
Q: 1. Evergreen Fertilizer Company produces fertilizer. The company's fixe variable cost per pound of…
A: Break-even analysis is one of the methods that are commonly and widely used in manufacturing…
Q: How Rooms division operations impact the entire hotel/Lodging in terms of guest satisfaction and…
A: The room division operation management of a hotel or lodge includes front desk services,…
Q: a. what is the bottleneck of this process? b. what is the hourly capacity of the process?
A: Production is the process of converting raw materials and resources into finish production services…
Q: Give atleast 5 examples of poka yoke and define what it is exactly.
A: To be determined: Give atleast 5 examples of poka yoke and define what it is exactly Introduction:…
Q: Evaluate how unethical actions impact the work process and workplace.
A: Unethical behavior is undoubtedly defined as those kinds of activities/actions that indeed violate…
Q: Explain the activities involve in the planning phase that are specifically focused on project…
A: Project management is planning and organizing the resources ad the activities related to the…
Q: Assessment Criteria 1. Pay of potential
A: Given: Assessment criteria Importance weights 1. Pay of potential 5 2. Level of risk 4 3.…
Q: Sample Size, or Number of measurements in each Subgroup: • Number of Subgroups: • Subgroup…
A: Since you have posted a question with multiple sub-parts, we will solve first three sub-parts for…
Q: locating a process inside an organisation that has room for improvement is the first step. Please…
A: DMAIC has five stages which are; define, measure, analyze, improve and control. This method is used…
Q: Cakes, the shop includes different areas for mixing, baking, decorating, and packaging. This…
A: Option C is correct. At Jill's Custom Cakes, the shop includes different areas for mixing, baking,…
Q: trategic management and planning. Discuss briefly why ethical decision-making is essential in…
A: Indicate whether or not the organization where you are employed engages in strategic management and…
Q: REQUIRED: Perform analysis for the Ocobee River Rafting Company to determine which alternative would…
A: Break-even analysis is one of the methods that are commonly and widely used in manufacturing…
Q: Give example each of the types of costs that will be incurred under the following Labour and…
A: To run and operate an organization, a firm has to incur costs. An organization needs labor and raw…
Q: If the first activity in a given project is D which precedes A, B. And activity A precedes H,G. And…
A: Note: - Since we can answer only up to three subparts we will answer the first three subparts(1, 2,…
Q: Define supply-chain management. Why is it important?
A: A supply chain is described as a system that manufactures as well as delivers services and products…
Q: Find the UCL and LCL 3 J-100 •1000+ · 1000 (1-1000 100
A: The given equation can be solved as: 0.1 + 30.1(1-0.1)100=0.1 +3×(±0.03)0.1 +…
Q: Which of the following would be considered a raw material? a. Animal fur b. Gold coin c. A table…
A: Raw Material: Raw Materials are those substances or materials which are used in the primary stage of…
Q: A restaurant leaves a fishbowl on the counter for diners to drop their business cards. Once a month,…
A: Sampling can be stated as the technique of selecting individual people or any subset among the…
Q: It costs Gordon $1 to move 1 work piece 1 foot. What is the weekly total materiall handling cost of…
A: Production is the process in which inputs are combined to have the required output. It includes a…
Q: create an Operational plan for a wind farm (wind turbines that produce electrcity) Your operational…
A: The concept of harnessing wind energy to generate mechanical power goes back for millennia . As…
Q: 1. Southern Sporting Goods Company makes basketballs and footballs. Each product is produced from…
A: Objective Functions and Constraints: Based on the given details, the objective…
Q: A company that makes balloons controls its production process by periodically taking a sample of 100…
A: Find the Given details below: Calculations: Sample Sample size(n) Fraction Defects (p) 1 100…
Q: Planning 1. Explain the objectives of planning. Why are they necessary? 2. Distinguishes the various…
A: 1. Planning can be broadly defined as setting an objective for a particular time period through the…
Q: For what purpose is the data split into training and testing sets? The training set's purpose is…
A: A training data set is a data set of examples used during the learning process and is used to fit…
Q: 41. A manager is going to purchase new processing equipment and must decide on the number of spare…
A: Given data is Cost of spare part = $200 Salvage cost = $50 Idle equipment cost = $500 Number 0 1…
Q: O A-B-D-F-G-H O A-C-E-H O A-B-D-E-H O A-C-E-F-G-H c. How many weeks will it take to complete the…
A: The critical path method is a project management tool that is used to help plan and schedule the…
Q: Why should we consider the internal factors in a SWOT analysis while developing a product since we…
A: SWOT analysis is a method to identify the strengths, weaknesses, opportunities, and threats of a…
Q: Which of the following would be the ideal way for an analyst to identify peer companies?: Select…
A: Peer companies can be defined as those companies that operate in similar industries or divisions.…
Q: a.) For what values of volume, V, of production, if any, is site C a recommended site? b.) What…
A: Crossover analysis is the analysis through which a point is identified for the better cost or profit…
Q: the optimal Q and TC given the following information: D = 3,000 liters Selling price per liter = $45…
A:
Q: Find the basic initial solution to the following transportation problem using the northwest corner…
A: The transportation model is used to calculate the minimum cost of the route by selecting different…
Q: Canine Gourmet Super Breath dog treats are sold in boxes labeled with a net weight of 15 ounces (425…
A: Given: Process average (m) = 425 grams (of 10 packets) Standard deviation of packet weight = 1.02…
Q: Of the two types of customer expectations, performance expectations fluctuate the most. Describe…
A: Smartphone gadgets are one area where consumers' expectations of technological suitability have…
Q: mizing efficiency through an incentive structure offered for
A: Appropriate administration of assets in development undertakings can yield significant reserve funds…
Q: GENERATE THE DECISION VARIABLE SOLUTION AND GENERATE A SENSITIVITY REPORT 1. Southern Sporting Goods…
A:
Q: multiprocessing and parallel processing. Explain the value chain and the supply chain to students B…
A: Difference between multiprocessing and parallel processing: Multiprocessing: A handling procedure in…
Q: How does reed hastings deal with motivating people and with conflict in the work place
A: Motivation is needed in every organization and it is the motive of the employee which drives the…
Q: What is it about the event delegation model and the components that it entails that tickles our…
A: Delegation is required in an organization to make sure that the organization can work more…
Q: differentiate between ordering cost and setup cost and provide examples to supplement your answer
A: A cost is an expense that occurred to produce or deliver something. Cost can also be defined as…
Q: Sunblessed Juice Company sells bags of oranges and cartons of orange juice. Sunblessed grades…
A: Revenue and variable cost: Grades of oranges that are available: least average quality that is…
Q: Why do organisation have to do aggregate planning ?
A: Introduction Aggregate planning helps a company to improve customer satisfaction. Furthermore, it…
Q: The fundamental difference between cycles and seasonality is the: Select one: a. random variations…
A: The fundamental difference between cycles and seasonality is the: Select one: a. random variations…
Ms. Math must supplement her diet with at least 80 mg of calcium and at a minimum of 17 mg of iron. Two types of Vitamin capsules, Caltrate and Flexbon meet this requirement. The vitamin capsules Caltrate and Flexbon cost P8 and P6, respectively. Each Caltrate contains 8 mg of calcium and 2 mg of iron, whereas Flexbon contains 5 mg of calcium and 1 mg of iron.
Formulate the objective function
The minimum costs is
The intercepts for the calcium constraints are
The intercepts for the iron constraints are
The vertex for the optimal solution is
Step by step
Solved in 6 steps with 1 images
- The number of taxicabs in Motorville and the taxicab fares are regulated. The fare currently charged is Rs.500 a ride. Motorville taxicab drivers want to obtain government's permission to raise the fare to increase their revenues and ask you to be their economic adviser. After studying the market, you come up with the following demand schedule for taxicab rides: Price (Rupees per ride) Quantity demanded (rides per month) 300 160 400 120 500 80 600 40 700 0 (i) Calculate the price elasticity of demand for taxicab rides as the fare rises from Rs.500 to Rs.600. Is the demand…A boat manufacturer requires 14 outboard engines per day in its assembly operations. No shortages are to be allowed. The engine manufacturer can produce 100 outboard engines per day. The cost associated with initiating engine manufacturing action is $2,500 and the holding cost is $3.00 per engine per day. The manufacturing cost is $1,000 per engine. This question consists of three parts. (1) Find the minimum-cost production quantity. (2) Find the minimum-cost procurement level of production lead time is 45 days. (3) Calculate the total system cost per day.Using excel. The Metropolitan Bus Company (MBC) purchases diesel fuel from AmericanPetroleum Supply. In addition to the fuel cost, American PetroleumSupply charges MBC $250 per order to cover the expenses of deliveringand transferring the fuel to MBC’s storage tanks. The lead time for anew shipment from American Petroleum is 10 days; the cost of holding agallon of fuel in the storage tanks is $0.04 per month, or $0.48 peryear; and annual fuel usage is 150,000 gallons. MBC buses operate 300days a year.a.What is the optimal order quantity for MBC?b.Howfrequently should MBC order to replenish the gasoline supply?c.TheMBC storage tanks have a capacity of 15,000 gallons. ShouldMBC consider expanding the capacity of its storage tanks?d.What isthe reorder point?
- Inayah is a rational consumer who consumes milk and cookies only from her monthly income of Rs. 1,500. If the price of milk is Rs. 500 per liter and the price of one pack of cookie is Rs. 300, answer the following questions: Assume that Inayah’s consumption of milk and cookies give her following level of utility: Quantity MU milk MU cookies 1 400 450 2 350 200 3 200 150 4 100 100 5 70 60 6 30 30 7 0 0 Find the optimal level of consumption. Find the consumer equilibrium using the two-dimensional labeled diagram.Jasmine owns 12 apartment buildings in a college town, which it rents exclusively to students. Each apartment building contains 120 rental units, but the owner is having cash flow problems due to an average vacancy rate of nearly 50 percent. The apartments in each building have comparable floor plans, but some buildings are closer to campus than others. Jasmine’s accumulated data from last year on the number of apartments rented, the rental price (in dollars), and the amount spent on advertising (in hundreds of dollars) at each of the 12 apartments are available below. These data, along with the distance (in miles) from each apartment building to campus, are presented below. Jasmine is looking for expert advice on the available data to inform administrative and business policy. By applying this scenario, help her regress the quantity demanded of her apartments on price, advertising, and distance datasets by using Excel or SPSS. Observation or (Number of Apartments) Quantity…A restaurant uses 100 per week or 5,000 quart bottles of ketchup each year. The ketchup costs $3.00 per bottle and is served only in whole bottles because its taste quickly deteriorates. The restaurant figures that it costs $10.00 each time an order is placed, and holding costs are 20 percent of the purchase price. It takes 3 weeks for an order to arrive. The restaurant operates 50 weeks per year. The restaurant would like to use an inventory system that minimizes inventory cost. The restaurant has figured that the most economical order size or EOQ is approx. 409 (rounding up the decimals). Approximately, what is the time between two orders (in terms of weeks) 08 06 04 02 None of the above
- The bookstore at Tech purchases jackets emblazoned withthe school name and logo from a vendor. The vendor sellsthe jackets to the store for $38 apiece. The cost to the bookstore for placing an order is $120, and the annual car-rying cost is 25% of the cost of a jacket. The bookstore manager estimates that 1700 jackets will be sold during theyear. The vendor has offered the bookstore the followingvolume discount schedule: Order Size Discount1–299 0%300–499 2%500–799 4%800 5% What is the bookstore’s optimal order quantity, given thisquantity discount information?Three years ago, Barbara Jones started a business that creates and delivers holiday and birthday gift baskets to students at the local university. Barbara sells the baskets for $ 29 each, and her variable costs are $ 19 per basket. She incurs $ 12,500 in fixed costs each year. Last year, Barbara sold 4,000 baskets, and she believes that demand this year will be stable at 4,000 baskets. The following are the actions Barbara could take if she wants to earn $ 30,900 in operating income by selling only 4,000 baskets. Consider each action independently. (Round per unit answers to 2 decimal places, e.g. 52.75 and fixed cost to 0 decimal places, e.g. 5,275.) Raise selling price per unit to? Reduce variable costs per unit to? Reduce fixed costs to?Greener Pastures Incorporated (GPI) produces a highquality organic lawn food and weed eliminator called SuperGreen (SG). Super Green is sold in 50-pound bags. Monthlydemand for Super Green is 75,000 pounds. Greener Pastures hascapacity to produce 24,000 50-pound bags per year. Th e setup costto produce Super Green is $300. Annual holding cost is estimatedto be $3 per 50-pound bag. Currently, GP is producing in batchesof 2500 bags.(a) Calculate the total annual costs of the current operatingpolicy at GPI.(b) Calculate the economic production quantity (EPQ).(c) Calculate the total annual costs of using the EPQ.(d) Calculate the penalty cost incurred with the presentpolicy.
- Consider a hardware supply warehouse that is contractually obligated to deliver 1000units a specialized fastener to a local manufaturing company each week. Each time thewarehouse places an order for these items from its supplier, an ordering and transporationfee off $20 is charged to the warehouse. The warehouse pays $1.00 for each fastener andcharges the local firm $5.00 for each fastener. Annual holding cosst iss 25% off inventoryvalue, or $0.25 per year. The warehouse manager would like to know how much to orderwhen inventory gets to zero.Assume that the warehouse works 50 weeks/year.A grocery store company specializing in rare and expensive foods is considering operating under a backorder policy for a particular kind of Bel- gian cheese. The company currently operates with no backorders. It costs the company $75 to place an order with the Belgian manufacturer, and pays $1500 per wheel of cheese, with a 20% annual holding cost per wheel. De- mand for the cheese is on average 1 wheel of cheese per week. The company operates the store 50 weeks per year. (a) What is the economic order quantity that minimizes yearly inventory cost (with no backorders)? (b) What is the total cost to operate this inventory policy? Page 3 of 8 (c) The company proposes allowing backorders. It will compensate cus- tomers by providing them a discount and promising home delivery. The company estimates the backorders will cost $680 per wheel of cheese. What is the new economic order quantity and planned backorder quan- tity under the new policy? (d) What is the total cost of the backorder…An electronics retailer sells laptops at a steady rate of 7,500 per quarter. It costs the manufacturer $350 tomake each laptop, and they charge $400/laptop to the retailer. The manufacturer produces the laptop at asteady rate that matches demand, and incurs a fixed cost of $2,800 to fulfill each retail order. Both theretailer and the manufacturer have an annual holding cost percentage of 20%. The retailer places 10orders with the laptop manufacturer each quarter (which it determined from an EOQ calculation). Whatare the retailer’s and manufacturer’s costs under this current setup, as well as the total supply chain cost?What quantity discount should the manufacturer offer the retailer in order to minimize the total supplychain costs? Under this quantity discount, what are the new retailer and manufacturer costs? Does theretailer choose to use the quantity discount? PLEASE SHOW ALL CALUCALTIONS/EXCEL MODEL