Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Question: A company that builds sailboats wants to determine how many sailboats to build during each of the next four quarters. The demand during each of the next four quarters is as follows: first quarter, 160 sailboats; second quarter, 240 sailboats; third quarter, 300 sailboats; fourth quarter, 100 sailboats. The company must meet demands on time. At the beginning of the first quarter, the company has an inventory of 40 sailboats. At the beginning of each quarter, the company must decide how many sailboats to build during that quarter. For simplicity, assume that sailboats built during a quarter can be used to meet demand for that quarter. During each quarter, the company can build up to 160 sailboats with regular time labor at a total cost of $1600 per sailboat. By having employees work overtime during a quarter, the company can build additional sailboats with overtime labor at a total cost of $1800 per sailboat. At the end of each quarter (after production has occurred and the current quarter's demand has been satisfied), a holding cost of $80 per sailboat is incurred.
a. Determine a production schedule to minimize the sum of production and inventory holding costs during the next four quarters.
b. Use Solver Table to see whether any changes in the $80 holding cost per sailboat could induce the company to carry more or less inventory. Revise your model so that Solver Table can be used to investigate the effects on ending inventory during the four-quarter period of systematic changes in the unit holding cost. (Assume that even though the unit holding cost changes, it is still constant over the four-quarter period.) Are there any (nonnegative) unit holding costs that would induce the company to hold more inventory than it holds when the holding cost is $80? Are there any unit holding costs that would induce the company to hold less inventory than it holds when the holding cost is $80?
EXPECTED DEMAND The owner of a newsstand in a college community estimates the weekly demand for a certain magazine as follows.
Determine whether the following arguments are best interpreted as being inductive or deductive.- The Matterhorn is higher than Mount Whitney, and Mount Whitney is higher than Mount Rainier.
Another possibility for Weemow is to remove snow from business parking lots. Weemow would need a small tractor with a snow plow, which costs $1,800.
The navigation forms can provide some measure of security to the database as they may prevent users unfamiliar with Access from entering database objects directly; they make using Access more intuitive to use, and can prevent new users from inadve..
a toy rocket is shot into the air at an initial velocity of 10 meters per second from a height of 4 meters The equation giving the height h of the rocket above the ground at time t is h=-49tsquared +10t+4. To the nearest tenth, what is the maximum..
Prepare the equation of the rectangular hyperbola - Find the equation of the rectangular hyperbola
A manufacturer produces cardboard boxes that are open at the top and sealed at the base. The base is rectangular and its length is double its width.
1) Assume the value of a car is a linear function of time. When new the car is worth $26,300; 20 years later the car is worth $1,500. How much will the car be worth 7 years after purchase?
The augmented matrix of a linear system has been reduced by row operations to the form shown. explain step by step no matter how small the detail In each case, continue the appropriate operations and describe the solution set of the original syste..
The Smith's family takes out a 30-year mortgage at 4.25% compounded monthly after putting 20% down to buy a home valued at $220,000. Find the monthly payment
If the current levels of input are x = 10 and y = 20, use calculus to estimate the change in input y that should be made to offset an increase of 0.5 in input x so that output will be maintained at its current level.
A rectangle plaque 1.5 cm thick is made of two kinds of metal. The central rectangle has an area of 24cm squared and costs 10 cents/cm cubed. The 1-cm border on the sides and the 2-cm border at the top and bottom cost 5 cents/cm cubed. What shape ..
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!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd