b. Using the traditional method, which bases decisions solely on a product's contribution to profits and...

Transcribed Image Text:

b. Using the traditional method, which bases decisions solely on a product's contribution to profits and overhead, what is the optimal product mix and what is the overall profitability? The product mix obtained using the traditional method is as follows. (Enter your responses as whole numbers. If your answer has decimal places, round your response down to the next whole number.) Alpha Product Units to be produced 300 150 28 250 Bravo IT Charlie Delta This product mix yields a profit of $ 56986. (Enter your response as a whole number.) c. Using the bottleneck-based method, what is the optimal product mix and what is the overall profitability? The product mix obtained using the bottleneck method is as follows. (Enter your responses as whole numbers. If your answer has decimal places, round your response down to the next whole number.) Product Units to be produced Alpha 251 Bravo 150 Charlie 175 Delta 250 This product mix yields a profit of $ (Enter your response as a whole number.) b. Using the traditional method, which bases decisions solely on a product's contribution to profits and overhead, what is the optimal product mix and what is the overall profitability? The product mix obtained using the traditional method is as follows. (Enter your responses as whole numbers. If your answer has decimal places, round your response down to the next whole number.) Alpha Product Units to be produced 300 150 28 250 Bravo IT Charlie Delta This product mix yields a profit of $ 56986. (Enter your response as a whole number.) c. Using the bottleneck-based method, what is the optimal product mix and what is the overall profitability? The product mix obtained using the bottleneck method is as follows. (Enter your responses as whole numbers. If your answer has decimal places, round your response down to the next whole number.) Product Units to be produced Alpha 251 Bravo 150 Charlie 175 Delta 250 This product mix yields a profit of $ (Enter your response as a whole number.) Cooper River Glass Works (CRGW) produces four different models of desk lamps as shown on the flowchart. The operations manager knows that total monthly demand exceeds the capacity available for production. Thus, she is interested in determining the product mix which will maximize profits. Each model's price, routing, processing times, and material cost is provided in the flowchart. Demand next month is estimated to be 300 units of model Alpha, 150 units of model Bravo, 175 units of model Charlie, and 250 units of model Delta. CRGW operates only one 8 hours shift per day and is scheduled to work 20 days next month (no overtime). Further, each station requires a 10% capacity cushion. Click the icon to view the Cooper River Glass Works Flowchart. a. Which station is the bottleneck? The bottleneck is Station 3, with a total load of 9375 minutes for the next month. (Enter your response as a whole number.) Alpha $10 Step 1 Station 1 (10 min) Raw materials Bravo $10, Raw materials Step 2 Station 2 (5 min) Step 3 Station 3 Step 4 Station 4 (15 min) (10 min) Step 1 Station 2 (20 min) Step 2 Station 3 (10 min) Charlie $8 Step 1 Step 2 Step 3 Station 1 Station 2 Station 3 (5 min) (15 min) (5 min) Raw materials Delta $5 Step 1 Station 1 Raw materials (20 min) Step 2 Station 2 (5 min) Step 3 Station 3 (10 min) Product: Alpha Price: $95/unit Demand: 300 units/month Product: Bravo Price: $75/unit Demand: 150 units/month Step 4 Station 4 (20 min) Product: Charlie Price: $70/unit Demand: 175 units/month Step 4 Station 4 (10 min) Product: Delta Price: $85/unit Demand: 250 units/month b. Using the traditional method, which bases decisions solely on a product's contribution to profits and overhead, what is the optimal product mix and what is the overall profitability? The product mix obtained using the traditional method is as follows. (Enter your responses as whole numbers. If your answer has decimal places, round your response down to the next whole number.) Alpha Product Units to be produced 300 150 28 250 Bravo IT Charlie Delta This product mix yields a profit of $ 56986. (Enter your response as a whole number.) c. Using the bottleneck-based method, what is the optimal product mix and what is the overall profitability? The product mix obtained using the bottleneck method is as follows. (Enter your responses as whole numbers. If your answer has decimal places, round your response down to the next whole number.) Product Units to be produced Alpha 251 Bravo 150 Charlie 175 Delta 250 This product mix yields a profit of $ (Enter your response as a whole number.) b. Using the traditional method, which bases decisions solely on a product's contribution to profits and overhead, what is the optimal product mix and what is the overall profitability? The product mix obtained using the traditional method is as follows. (Enter your responses as whole numbers. If your answer has decimal places, round your response down to the next whole number.) Alpha Product Units to be produced 300 150 28 250 Bravo IT Charlie Delta This product mix yields a profit of $ 56986. (Enter your response as a whole number.) c. Using the bottleneck-based method, what is the optimal product mix and what is the overall profitability? The product mix obtained using the bottleneck method is as follows. (Enter your responses as whole numbers. If your answer has decimal places, round your response down to the next whole number.) Product Units to be produced Alpha 251 Bravo 150 Charlie 175 Delta 250 This product mix yields a profit of $ (Enter your response as a whole number.) Cooper River Glass Works (CRGW) produces four different models of desk lamps as shown on the flowchart. The operations manager knows that total monthly demand exceeds the capacity available for production. Thus, she is interested in determining the product mix which will maximize profits. Each model's price, routing, processing times, and material cost is provided in the flowchart. Demand next month is estimated to be 300 units of model Alpha, 150 units of model Bravo, 175 units of model Charlie, and 250 units of model Delta. CRGW operates only one 8 hours shift per day and is scheduled to work 20 days next month (no overtime). Further, each station requires a 10% capacity cushion. Click the icon to view the Cooper River Glass Works Flowchart. a. Which station is the bottleneck? The bottleneck is Station 3, with a total load of 9375 minutes for the next month. (Enter your response as a whole number.) Alpha $10 Step 1 Station 1 (10 min) Raw materials Bravo $10, Raw materials Step 2 Station 2 (5 min) Step 3 Station 3 Step 4 Station 4 (15 min) (10 min) Step 1 Station 2 (20 min) Step 2 Station 3 (10 min) Charlie $8 Step 1 Step 2 Step 3 Station 1 Station 2 Station 3 (5 min) (15 min) (5 min) Raw materials Delta $5 Step 1 Station 1 Raw materials (20 min) Step 2 Station 2 (5 min) Step 3 Station 3 (10 min) Product: Alpha Price: $95/unit Demand: 300 units/month Product: Bravo Price: $75/unit Demand: 150 units/month Step 4 Station 4 (20 min) Product: Charlie Price: $70/unit Demand: 175 units/month Step 4 Station 4 (10 min) Product: Delta Price: $85/unit Demand: 250 units/month