What is the maximum profit apex could achieve

Assignment Help Operation Management
Reference no: EM132100297

The Apex Television Company has to decide no the number of 27" and 20" LCD monitors to produce at one of its factories. Market research indicate that at most 40 of the 27" sets and 10 of the 20" set can be sold per month. A 27" set requires 20 work hours and a 20" set requires 10 work-hours. The maximum number of work hours available is 500 hours. Each 27" set sold produces a profit of $120 and each 20" set produces a profit of $80. What is the maximum profit Apex could achieve?

Reference no: EM132100297

Questions Cloud

Processes would you utilize to accomplish this task : What approaches or processes would you utilize to accomplish this task?
Discuss the problem-solve issues of cultural bias : Safety and Risk Management Services is unique among Oregon school districts in that we encompass more than just traditional security.
Benefits over-regulated or under-enforced : Are the U.S. laws covering wages and benefits over-regulated or under-enforced?
Briefly state the context of the decision : Think about a significant decision in your workplace. Briefly state the context of the decision
What is the maximum profit apex could achieve : The Apex Television Company has to decide no number of 27" and 20" LCD monitors to produce at one of its factories. What is maximum profit Apex could achieve.
How is succession planning used to retain skilled employees : How can organizations use flexibility to utilize human talent in the pursuit of achieving strategic goals? How is succession planning used to retain skilled.
Evaluate the relative worth of management jobs : Explain and evaluate the relative worth of management jobs at the company and determine a compensation structure to assist retention and career management.
Describe the current health care environment : Describe the current health care environment in the United States from both the health care administrator and the patient perspective.
How might a person acquire the given abilities : What abilities make a candidate more likely to succeed in an assignment as an expatriate? Which of these abilities do you have?

Reviews

Write a Review

Operation Management Questions & Answers

  Book review - the goal

Operations Management is about a book review. Title of the book is "Goal". This book has been written by Dr. Eliyahu Goldartt. The book has been appreciated by many as one of those books which offers an insight into the operations and strategic capac..

  Operational plan in hospitality enterprise

Operational plan pertaining to a hospitality enterprise is given in detail in the solution. The operational plan is an important plan or preparation which gives guidelines regarding the role and responsibilities of each and every operation at all lev..

  Managing operations and information

Recognise the importance of a strategic approach to the development and deployment of organisational information systems. Demonstrate an understanding of the importance of databases and their integration to the organisation's overall information mana..

  A make-or-buy analysis

An analysis of the holding costs, including the appropriate annual holding cost rate.

  Evolution and contributor of operations management

Briefly explain Evolution and contributor of Operations management.

  Functions and responsibilities of an operations manager

A number of drivers of change have transformed the roles, functions and responsibilities of an operations manager over recent years. These drivers have not only been based on technological innovations but also on the need for organisations to develop..

  Compute the optimal order quantity

Compute the Optimal Order quantity of DVD players. Determine the appropriate reorder point.

  Relationship to operations practice in the organisation

Evaluate problems in operations and identify approaches to overcoming them. Critically evaluate operating plans and identify areas for improvement. Justify, implement and evaluate changes to operations in line with modern approaches.

  A make or buy analysis

Develop a report for Figi Fabricating that will address the question of whether the company should continue to purchase the part from the supplier or begin to produce the part itself.

  Prepare a staffing plan

Prepare a staffing plan showing the change of your unit from medical/surgical staffing to oncology staffing.

  Leadership styles in different organizations

Ccompare the effectiveness of different leadership styles in different organizations

  Risk management tools and models

Be able to understand the concept of risk, roles and responsibilities for risk management and risk management tools and models.

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