Two component parts from three different suppliers

Assignment Help Business Management
Reference no: EM133185743

Edwards Manufacturing Company purchases two component parts from three different suppliers. The suppliers have limited capacity, and no one supplier can meet all the company's needs. In addition, the suppliers charge different prices for the components. Component price data (in price per unit) are as follows:

 

Supplier

Component

1

2

3

1

$11

$12

$13

2

$9

$10

$9

Each supplier has a limited capacity in terms of the total number of components it can supply. However, as long as Edwards provides sufficient advance orders, each supplier can devote its capacity to component 1, component 2, or any combination of the two components, if the total number of units ordered is within its capacity. Supplier capacities are as follows:

Supplier

1

2

3

Capacity

800

1200

1000

If the Edwards production plan for the next period includes 1200 units of component 1 and 1000 units of component 2, what purchases do you recommend? That is, how many units of each component should be ordered from each supplier? Round your answers to the nearest whole number. If your answer is zero, enter "0".

Please show me how this is completed.

Reference no: EM133185743

Questions Cloud

Possible solutions for overcoming problems : Assume you are working for a company that is considering opening a business in another country. Analyze possible accounting problems the company might encounter
At what amount should retained earnings be retroactively : Blue Company revealed the following errors in the financial statements: At what amount should retained earnings be retroactively adjusted on January 1, 2022
Devise a cultural analysis and marketing plan : Choose a country and a product / service that is not currently found in the targeted country and devise a cultural analysis and marketing plan for the chosen co
Define the theoretical research : Define the following terms: theoretical research, applied research, and practitioner. Explain why a practitioner would want to be involved in both types of rese
Two component parts from three different suppliers : Edwards Manufacturing Company purchases two component parts from three different suppliers. The suppliers have limited capacity, and no one supplier can meet al
What amount should be reported as net income : Taxes of P60,000 for the fourth quarter of 2021 were paid on January 20, 2022 and charged as expense of 2022. What amount should be reported as net income
What will be the contribution margin ratio : MMM Enterprises produces and sells products XY and makes available to you the following data: Total fixed cost P600,000. What will be Contribution Margin Ratio
Verbal communications skills are vital : As far as professional skills go, verbal communications skills are vital. Provide an example of one instance in which you felt uncomfortable speaking/presenting
How would the competitive of crocs be assess : Crocs, Inc. is an American company based in Broomfield, Colorado that manufactures and markets the Crocs brand of foam clogs. They are a single product company

Reviews

Write a Review

Business Management Questions & Answers

  Caselet on michael porter’s value chain management

The assignment in management is a two part assignment dealing 1.Theory of function of management. 2. Operations and Controlling.

  Mountain man brewing company

Mountain Man Brewing, a family owned business where Chris Prangel, the son of the president joins. Due to increase in the preference for light beer drinkers, Chris Prangel wants to introduce light beer version in Mountain Man. An analysis into the la..

  Mountain man brewing company

Mountain Man Brewing, a family owned business where Chris Prangel, the son of the president joins. An analysis into the launch of Mountain Man Light over the present Mountain Man Lager.

  Analysis of the case using the doing ethics technique

Analysis of the case using the Doing Ethics Technique (DET). Analysis of the ethical issue(s) from the perspective of an ICT professional, using the ACS Code of  Conduct and properly relating clauses from the ACS Code of Conduct to the ethical issue.

  Affiliations and partnerships

Affiliations and partnerships are frequently used to reach a larger local audience? Which options stand to avail for the Hotel manager and what problems do these pose.

  Innovation-friendly regulations

What influence (if any) can organizations exercise to encourage ‘innovation-friendly' regulations?

  Effect of regional and corporate cultural issues

Present your findings as a group powerpoint with an audio file. In addition individually write up your own conclusions as to the effects of regional cultural issues on the corporate organisational culture of this multinational company as it conducts ..

  Structure of business plan

This assignment shows a structure of business plan. The task is to write a business plane about a Diet Shop.

  Identify the purposes of different types of organisations

Identify the purposes of different types of organisations.

  Entrepreneur case study for analysis

Entrepreneur Case Study for Analysis. Analyze Robin Wolaner's suitability to be an entrepreneur

  Forecasting and business analysis

This problem requires you to apply your cross-sectional analysis skills to a real cross-sectional data set with the goal of answering a specific research question.

  Educational instructional leadership

Prepare a major handout on the key principles of instructional leadership

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