What is production mix which maximise total contribution

Assignment Help Operation Management
Reference no: EM13920542

Brunel manufactures plastic-covered steel fencing in two qualities, standard and heavy gauge. Both products pass through the same processes, involving steel-forming and plastic bonding.

Standard gauge fencing sells at $18 a roll and heavy gauge fencing at $24 a roll. Variable costs per roll are $16 and $21 respectively. There is an unlimited market for the standard gauge, but demand for the heavy gauge is limited to 1,300 rolls a year. Factory operations are limited to 2,400 hours a year in each of the two production processes.

Processing hours per roll

Gauge

Steel-forming

Plastic-bonding

Standard

0.6

0.4

Heavy

0.8

1.2

What is the production mix which will maximise total contribution and what would be the total contribution?

Reference no: EM13920542

Questions Cloud

Increases and decreases in individual assets : 1) An accounting device used to record increases and decreases in individual assets, liabilities, capital, revenue, expenses, and withdrawals is a(n):
Does business world rely absolutely on reason and logic : Does business or organizational world rely absolutely on reason and logic? What would happen, for instance, if you gave opposite statements, opposite instructions, or opposite assessments
Future maturities of long-term : Aggregate future maturities of long-term debt at face value were as follows at February Reproduced below is the debt footnote from the 2013 10-K report of Dell Inc
Was this event an asset source use or exchange transaction : Was the cash flow an operating, investing, or financing activity on Dan Arnett's 2013 statement of cash flows?
What is production mix which maximise total contribution : Brunel manufactures plastic-covered steel fencing in two qualities. What is the production mix which will maximise total contribution and what would be the total contribution?
Analyze current health care delivery structure in your state : Analyze the current health care delivery structure in your state. Compare and contrast the major determinants of health care market power.
What are benefits of using a kaizen approach to budgeting : What are the benefits of using a Kaizen approach to budgeting? What are the limitations of this approach, and how might FS management overcome them?
Process of transforming raw materials into finished goods : Which type of control do managers typically use in the input stage of the process of transforming raw materials into finished goods?
Find the p-value : The psychic was presented with 200 cards face down and asked to determine if the card was one of five symbols: a star, cross, circle, square, or three wavy lines.

Reviews

Write a Review

 

Operation Management Questions & Answers

  Explain how nontraditional work schedules might make

As a business employer, explain how nontraditional work schedules might make it easier for you to recruit employees.

  Evaluate organization''s facilities with regard to capacity

Evaluate the organization's facilities with regard to capacity and location. Determine whether the organization has enough capacity and whether or not the facilities are strategically located.

  What kind of data is appropriate for smoothing methods like

what kind of data is appropriate for smoothing methods like mov avewtd mov aveexpo smoothing? what kind of data is

  How information systems support business process

Describe the challenges that an organization will face when changing business processes and how information systems support business process.

  Comprehensive strategy assessment

First, synthesize the strategic issues articulated in the Strategic Fit of PROCTOR & GAMBLE Assessment and Strategic Fit with the Industry Environment Assessment. You will compare and contrast strategic issues and assign a nominal ranking of potentia..

  How many bags per run are optimal

How many bags per run are optimal and what would the average inventory be for this lot size?

  Analyze the fundamental advantages of baosteel''s fdi

Analyze the fundamental advantages and disadvantages of Baosteel's Foreign Direct Investment (FDI) strategy versus the other international strategies for expansion.

  A company offers id theft protection using leads

A company offers ID theft protection using leads obtained from client banks. Three employees work 40 hours a week on the leads, at a pay rate of $ 25 per hour per employee. Each employee identifies an average of 3,000 potential leads a week from a..

  Indicate the level of data meauserement for each

Indicate the level of data meauserement for each of the variables in this file.

  Core culture and elements of its observable culture

Using an organization with which you are familiar, identify its core culture and the elements of its observable culture as defined by Senge. What do you think would need to be changed in order to facilitate learning? What role would organizational de..

  1 all forecasting methods using exponential smoothing

1. all forecasting methods using exponential smoothing adaptive smoothing and exponential smoothing including trend

  Restrictions set customs have had negative effect on impot

Choose a country and then explain the way in which some of the restrictions set by customs have had a negative effect on the import/export business.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd