Qa company designs websites for clients much of the work is

Assignment Help Business Economics
Reference no: EM13353031

Q. A company designs websites for clients. Much of the work is done in-house, but it finds that it must subcontract (i.e., outsource) some work. It charges clients $2500 to build a typical website. While it costs $1000 to design a website in-house, the company pays $1500 for each website. In one month, the company would like to design at least 200 websites total (in-house + outsource), with no more than 100 websites of them sub-contracted. It takes approximately 40 hours to design a website in-house and approximately 20 hours to supervise a website outsourced. Capacity information: Each worker at the averages 12-hour workdays. During the month, there are 26 workdays. The company has 15 workers. Determine the number of sites designed in-house and outsourced to minimize cost while meeting all necessary constraints. Give the LP Model and use both the graphical method and Excel to find the optimal solution.

Reference no: EM13353031

Questions Cloud

Qa firm is using 30 units of labor and 20 units of capital : q.a firm is using 30 units of labor and 20 units of capital to produce 4000 units of output. at this combination the
Suppose bob considers borrowing 100 from sheila at a 10 : suppose bob considers borrowing 100 from sheila at a 10 percent interest rate. they both think that a 4 percent real
Q 1 does the mincer model take unequal access to education : q. 1. does the mincer model take unequal access to education into account? discuss the shortfalls of this model in that
Qsuppose that the world consists of only two countries a : q.suppose that the world consists of only two countries a and b of relatively equal sizes. the world interest rate in
Qa company designs websites for clients much of the work is : q.a company designs websites for clients. much of the work is done in-house but it finds that it must subcontract i.e.
Q1 suppose bob considers borrowing 100 from sheila at a 10 : q1. suppose bob considers borrowing 100 from sheila at a 10 percent interest rate. they both think that a 4 percent
Qhappy bank initiates with 200 in bank capital after that : q.happy bank initiates with 200 in bank capital. after that it takes in 800 in deposits. it keeps 12.5 percent of 18th
Q1 a farmer sprays a field of soybeans with pesticide to : q1. a farmer sprays a field of soybeans with pesticide to kill an insect that has been eating his crop. afterwards in
Q1 use the suitable formulas to create 2 new columns for : q1. use the suitable formulas to create 2 new columns for total profit as well as profit margin correspondingly.

Reviews

Write a Review

Business Economics Questions & Answers

  Economics assignment

This document contains various important questions and their appropriate answers in the subject field of Economics.

  Demand and supply curves

Economics is the study of the principles governing the allocation of scarce means among competing ends when the objective of the allocation is to maximize the attainment of the ends.

  Long-run perfectly competitive equilibrium for the firm

Evaluate Government intervene and correct this situation?(a) Explain the concept of a concentration ratio. A rise in the price of magarine Explain the impact of external costs and external benefits on resource allocation long-run perfectly c..

  Supply and demand diagrams

Explain each of the following using supply and demand diagrams,  With the use of a graph, explain how these two programs affect cigarette consumption and the price of cigarettes.

  Case study: fisher-price toys

The case study of the Fisher-Price Toys, Inc., a popular case in basic economics and management from the prestigious Harvard Business School.

  Draw the production possibility curve

Draw the production possibility curve and a. Define consumer surplus and producer surplus.

  Tax revenue

The Australian government administers two programs that affect the market for cigarettes

  Maximize total welfare

How many tickets to sell to maximize total welfare.

  Difference between the cv and the ev

The change in consumer surplus (?CS) is not "theoretically" justifiable like the CV and EV but it continues to be the most widely used measure of consumer welfare change. Explain how this can be reconciled

  Depict von neumann-morgenstern utility index u in a diagram

Depict the von Neumann-Morgenstern utility index u in a diagram

  What is the market solution

What is the market solution (market price and quantity) and What is the total surplus of the society under the market solution

  Calculate gross national product and net national product

Calculate gross national product and net national product

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