Question: Please answer these, thanks. J L For submission solution will be released on submission. Smell'esh Canned Fisheries processes two different types of sh, Trout and

Please answer these, thanks.

Please answer these, thanks. J L For submission solution will be releasedon submission. Smell'esh Canned Fisheries processes two different types of sh, Troutand Catsh, in two workstations (A) Cleaning, deboning and leting and (B)

J L For submission solution will be released on submission. Smell'esh Canned Fisheries processes two different types of sh, Trout and Catsh, in two workstations (A) Cleaning, deboning and leting and (B) Canning. The daily capacity and Total cost of each workstation (xed in the short-term) is given below. A: Capacity 40 man-hours. Total costs $1,600 B: Capacity 2000 cans. Total costs $1,000 0 The productivity in workstation A is 13.5 lbs. of sh per man-hour for Trout and 10 lbs. per man-hour for Catsh. 0 Each can holds 0.25 lbs. of sh regardless of type. l o Suppliers charge Smellfresh $1.68 per lb. for Trout and $0.32 per lb. for Catsh. Supplies are relatively innite for either type of sh. 0 Srnellfresh sells Trout at $2.00 per can and Catsh at $1.95 per can. Market demand is relatively innite. There are no other costs. Required. Part 1. Compute the activity-based cost and resulting prot per can of each type of canned sh. Part 2. What type of sh should Smellfresh concentrate on long-term? What assumptions are you making in saying this? J Part 3. What is the aerall-costs prot-maximizing plan in the short-term? Write down the optimization problem here. Use C and T for number of cans of Catsh and Trout respectively. Ignore the integer (whole number) constraint. Then sketch the feasible region and identify the optimal plan. # of cans of Catsh C # of cans of Trout T The optimal plan is (explain): The prot from the optimal plan is: Contd. j J L Part 4. A. Smellfresh's production manager has a plan that can immediately increase Canning Capacity at some cost. Should it be evaluated for adoption in the short-term? B. Srnellfresh's production manager has another plan that can immediately increase Cleaning capacity at some cost. Should it be evaluated for adoption in the short-term

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!