Question: please indicate answer number Groups 1 8 7 [30] QUESTION 1/1 i A company produces an engine part with two components A and B. Both

please indicate answer number Groups 1 8 7 [30]

please indicate answer number

Groups 1 8 7 [30] QUESTION 1/1 i A company produces an engine part with two components A and B. Both components must pass through workstations 1 and 2. The accountant analyses cost and sales data and states that each component A produced will yield a R106.98 contribution to profit and component B will yield R76.49. Through an analysis of the current inventory and outstanding orders the production manager specifies the following: A cost of up to R3 668 is incurred at workstation 1 and up to R1 528 is incurred at workstation 2. Each component A produced costs R4 on workstation 1 and R2 on workstation 2. Producing each component B costs R3 on workstation 1 and R1 on workstation 2. In addition, there is always supposed to be production of component A and B at both workstations. Solve with the Simplex Method, using Excel Solver. [20] . Generate a sensitivity analysis report [4] What is the maximum amount of profit that the company can get by having some additional hours at workstation 17 131 iv. What is the lowest number of hours allowable at workstation 2? 131

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 General Management Questions!