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Consider a production system consisting of 2 resources M1 and M2. These resources are used to manufacture two different products A and B. Product A requires a standard time of 4 minutes on resource M1 and 3 minutes on resource M2. Product B requires a standard time of 2 minutes on resource M1 and 8 minutes on resource M2. Assume that the resources are operated for 8 hours per day and that each resource requires a setup time of half an hour every day.
a. Assume that the daily demand for A is 90 units and the daily demand for B is 60 units. Can the daily demand be met by the current resources?
b. Assume that the firm would like to maximize its flow rate while maintaining a daily production mix of 3A's for 2B's. What is the bottleneck resource? What is the maximum flow rate?
c. What would be the flow rate if the capacity of resource 2 were doubled?
In the context of the shareholder wealth-maximization model of a firm, what is the expected impact of each of the following events on the value of the firm?
Suppose the consumer price index in January 1980 was 100 and it was 150 in September 1990. How much money in September 1990 would be needed to purchase the same the same amount of goods and services.
U.S. Steel is planning a plant expansion that is expected to cost $13 million. How much money must the company set aside now in a lump-sum investment to have the money in 2 years Capital funds earn interest at a rate of 12% per year, compounded co..
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The specific heat of water is 4.184 × 103 J/K/kg and its heat capacity at constant pressure is 33.47 J/K/mol. Assume that the heat capacity is constant within the range of temperature.
If GDP increases by 6 percent in the same year as the deficit is run, what happens to gross debt as a percentage of GDP? What happens to the level of debt held by the public as a percentage of GDP?
Defend or argue against the statement that the characteristics of a highly efficacious employee may be "the best profile of a high performer." Describe this profile and give an example of this in the workplace.
Can the trader's predictable profits be explained by trading frictions? By risk aversion?
1. for the each of the following functions 1 find a function for an indifference curve that delivers uu? units of total
A construction company is considering changing its depreciation from the MACRS method to the historical SL method for a general purpose hauling truck. The cost basis of the truck is $100,000, and the expected salvage value for depreciation purpose..
If Martha finds $10,000 under her mattress and deposits it in a demand deposit, by how much may the deposit expand the total money supply Assume that the legal reserve requirement (required reserves ratio) is 20%.
Make a graph to illustrate the market for tomatoes in January 2009 and January 2010.
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