A small business makes 3-speed and 10-speed bicycles at two different factories. Factory A produces 16...
Fantastic news! We've Found the answer you've been seeking!
Question:
Transcribed Image Text:
A small business makes 3-speed and 10-speed bicycles at two different factories. Factory A produces 16 3-speed and 20 10-speed bikes in one day while factory B produces 12 3-speed and 20 10-speed bikes daily. It costs $1000/day to operate factory A and $800/day to operate factory B. An order for 96 3-speed bikes and 140 10-speed bikes has just arrived. How many days should each factory be operated in order to fill this order at a minimum cost? What is the minimum cost? A small business makes 3-speed and 10-speed bicycles at two different factories. Factory A produces 16 3-speed and 20 10-speed bikes in one day while factory B produces 12 3-speed and 20 10-speed bikes daily. It costs $1000/day to operate factory A and $800/day to operate factory B. An order for 96 3-speed bikes and 140 10-speed bikes has just arrived. How many days should each factory be operated in order to fill this order at a minimum cost? What is the minimum cost?
Expert Answer:
Answer rating: 100% (QA)
Answer To fill the order of 96 3speed bikes and 140 10speed bikes at a minimum cost factory A should ... View the full answer
Related Book For
Principles of Operations Management Sustainability and Supply Chain Management
ISBN: 978-0134181981
10th edition
Authors: Jay Heizer, Barry Render, Chuck Munson
Posted Date:
Students also viewed these accounting questions
-
Nekita Corporation assembles tablets and smartphones at two different factories in the same city. During each hour at the first factory, 150 tablets and 300 smartphones can be assembled at a cost of...
-
A small business makes a new discovery and begins an aggressive advertising campaign, confident they can capture 56% of the market in a short period of time.They anticipate their market 56 share M...
-
A small company manufacturers bicycles in two different sized. David, the company's owner-manager, has just received the following forecasts for demands for the next six months. a. Under what...
-
Two kilograms of water, initially saturated liquid at 10 kPa, are heated to saturated vapor while the pressure is maintained constant. Determine the work and the heat transfer for the process, each...
-
Pack in Taxi Service uses the units-of-activity method in computing depreciation on its taxicabs. Each cab is expected to be driven 150,000 miles. Taxi 10 cost $27,500 and is expected to have a...
-
What are Methods target market strategies and how does it use them in its operations?
-
A cost center is responsible for which of the following? a. Investing in long-term assets. b. Controlling costs. c. Generating revenues. d. All of the above.
-
Selected accounts from the chart of accounts of Mercer Company are shown below. 101 Cash 112 Accounts Receivable 120 Inventory 126 Supplies 157 Equipment 201 Accounts Payable 401 Sales Revenue 412...
-
One-year Treasury bills currently earn 4.85 percent. You expect that one year from now, one-year Treasury bill rates will increase to 5.00 percent. The liquidity premium on two-year securities is...
-
You are reviewing audit work papers containing a narrative description of the Tenney Corporations factory payroll sys-tem. A portion of the narrative is as follows: Factory employees punch time clock...
-
Review the performance improvement standard regarding staffing in the healthcare facility's patient care unit by doing the following: a. Analyze the data to determine the staffing patterns of the...
-
Elfwood Ltd. is funding its project with the same amount of debt and equity; thus, the debt-to-equity ratio is 1.00. The bond issued by Elfwood has $1000.00 par value, 8.00 percent semiannual coupon,...
-
Assume that Linus lives to be 100 and that real interest rates will stay at 5% per year throughout his life. If he takes a job at the local grocery store, his starting wage will be $40,000 per year,...
-
Syarikat SriNuri Food Industries is a halal ovalette manufacturer in Malaysia. The ovalette production process begins with the Mixing Department, where key ingredients such as Monoglyceride,...
-
On September 1, Mr. Smith sold short 120 shares of A Inc. stock at $120 per share and also sold short 240 shares of B Corp. stock for $240 per share. The initial and maintenance margin requirement...
-
You have just finished your finance degree and struck it rich with a high paying, $75,000/year job in downtown Phoenix. Your parents have agreed to help you purchase a condo, townhome or house in the...
-
PLEASE ASSIST WITH AN ALPHANUMERIC OUTLINE: Emotional and Physical Literacy Emotional and physical literacy play pivotal roles in shaping individuals' perceptions of their overall well-being and...
-
A firm offers two products for sale. The marginal cost of one product is new zero once the first unit has been produced. The marginal cost of the other product rises as output rises. What would be...
-
You wish to compete in the super premium ice cream market. The task is to determine the wants of the super premium market and the attributes/hows to be met by their firm. Use the house of quality...
-
A firm must produce 40 units/day during an 8-hour workday. Tasks, times, and predecessor activities are given below. Determine the cycle time and the appropriate number of workstations to produce the...
-
C. A. Ratchet, the local auto mechanic, finds that it usually takes him 2 hours to diagnose and fix a typical problem. What is his daily productivity (assume an 8 hour day)? Mr. Ratchet believes he...
-
The following sales and purchases were made by R Colman Ltd during the month of May 19X6. Enter up the Sales and Purchases Books, Sales and Purchases Ledgers and the General Ledger for the month of...
-
Louise Baldwin commenced business as a wholesaler on 1 March 19X9. All transactions are subject to Value Added Tax at 10%. (a) Rule up a sales day book and head the main columns as follows. Enter the...
-
The credit sales and purchases for the month of December 19X7 in respect of C Dennis & Son Ltd were: Write up all of the relevant books and ledger accounts for the month. Net, after trade discount...
Study smarter with the SolutionInn App