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(1a) Giapetto's Woodcarving, Inc., manufactures two types of wooden toys: soldiers and trains. A soldier sells for $27 and uses $10 worth of raw materials. Each soldier that is manufactured increases Giapetto's variable labor and overhead costs by $14. A train sells for $21 and uses $9 worth of raw materials. Each train built increases Giapetto's variable labor and overhead costs by $10. The manufacture of wooden soldiers and trains requires two types of skilled labor: carpentry and finishing. A soldier requires 2 hours of finishing labor and 1 hour of carpentry labor. A train requires 1 hour of finishing and 1 hour of carpentry labor. Each week, Giapetto can obtain all the needed raw material but only 100 finishing hours and 80 carpentry hours. Demand for trains is unlimited, but at most 40 soldiers are bought each week. Giapetto wants to optimize weekly profit (revenues - costs). (Format your answers for at least 2 decimal places. No dollar signs and no commas.)
2)Farmer Jones must determine how many acres of corn and wheat to plant this year. An acre of wheat yields 25 bushels of wheat and requires 10 hours of labor per week. An acre of corn yields 10 bushels of corn and requires 4 hours of labor per week. All wheat can be sold at $4 a bushel, and all corn can be sold at $3 a bushel. Seven acres of land and 40 hours of labor are available. Government regulations require that at least 30 bushels of corn be produced during the current season. How many aces of wheat and how many acres of corn should be planted? (Format your answers for at least 2 decimal places. No dollar signs and no commas.)
MT is a manufacturer of small camping and snowmobile trailers. The demand for camping trailers occurs between January and June of each year (mostly in April and May). MT makes camping trailers during January to June, shuts down in July, and then make..
Discuss and explain the following questions using knowledge about the dynamics of Aggregate Demand and Aggregate Supply Model. What happened to aggregate demand and aggregate supply model during this crisis? What role did the commercial and investme..
This chapter discusses seven important issues that will shape compensation professionals' work for years to come. Which one of these issues stands to create the greatest uncertainty for compensation professionals? Explain your answer.
When resource-leveling a project, a number of heuristics can help us prioritize those activities that should receive resources first.
When searching for sources it is helpful to develop a system of organization. One of the most commonly used methods of organizing sources is to keep an annotated bibliography. Create your own annotated bibliography with the sources you are using for ..
You've recently been promoted to a supervisory position and are now responsible for coordinating the work of four other employees. Two of these workers are more than 20 years older than you are, and both have been with the company much longer than yo..
What might be the most effective way to secure cooperation from one's Union in tailoring Total Compensation to help the company achieve a sustainable competitive business advantage.
Describe the product or service attributes of the product/service featured in your marketing plan of autonomCar of google. Explain why these attributes were chosen. Be sure that the attributes can be linked back to unmet needs of the targeted segment..
What measure(s) would you recommend an organization take to address managers who fail to engage and retain good performers? Do you think stay interviews are more effective in understanding and addressing turnover than exit surveys? Briefly explain.
Regarding Martha Stewart and her crime of Insider Trading. Her actions of "avoiding a loss" were deemed illegal. Were these actions, which led to being convicted of Insider Trading, also unethical? Please offer a complete explanation of your personal..
(Car Wash Supply Process) CC Car Wash specializes in car cleaning services. The services offered by the company, the exact service time, and the resources needed for each of them are described in the table following: The company offers the following ..
Search the internet for four accounts of successful corporate entrepreneurship. What key factors for success are common across all these accounts? Which are unique? If one company can foster an entrepreneurial culture within an existing firm, what st..
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