What is the optimum profit and planting for this situation

Assignment Help Operation Management
Reference no: EM131030028

The Northwest Flower Company owns a greenhouse, which furnishes roses and carnations to florists in Oregon, Washington, and Idaho. The greenhouse can grow any combination of the two flowers. They sell the flowers in "bunches" with 25 blooms to a bunch. They have up to 10,000 square feet available for planting this year. Each bunch of roses takes about 4 square feet and each bunch of carnations about 5 square feet. Special fertilizer is required for flowers; roses need 5 pounds and carnations 2 pounds. The availability of the fertilizer is limited to 5000 pounds. Sales commitments require the company to grow at least 500 bunches of roses. Profit contributions are $6 per bunch of roses and $8 per bunch of carnations. What is the optimum profit and planting for this situation?

Reference no: EM131030028

Questions Cloud

Compute bond price-yield to maturity : Compute the price of a 3.8 percent coupon bond with 15 years left to maturity and a market interest rate of 6.8 percent. (Assume interest payments are semiannual.) Is this a discount or premium bond?
What is the amount of net income that oops : Question 1: What is the amount of net income that OOPS expects to generate this year? Question 2: If its target capital structure calls for 50 percent common equity, what will be the total funds the company can invest in capital budgeting projects..
Differences between sampling frame and population : What is sampling frame? What are the differences between sampling frame and population? Use business examples to support your statements?
What is the optimum profit and planting for this situation : The Northwest Flower Company owns a greenhouse, which furnishes roses and carnations to florists in Oregon, Washington, and Idaho. The greenhouse can grow any combination of the two flowers. They sell the flowers in "bunches" with 25 blooms to a bunc..
What a function contained within a class : In C++, a function contained within a class is called
Common form of training is cooperative training : A common form of training is cooperative training. There are two widely used cooperative training methods: internships and apprentice training. In both forms of training, there is a combination of classroom training (formal education) and on-the-job ..
Teddysports to maximize expected profit : Teddy Bower is an outdoor clothing and accessories chain that purchases a line of parkas at $10 each from its Asian supplier, TeddySports. Unfortunately, at the time of order placement, demand is still uncertain. How many parkas should Teddy Bower bu..
How expected return of each stock related to its riskiness : Which stock appears to be riskiest based on the annual standard deviation over the past five yearsa and the investment return rate of each stock is correlated with S&P 500 Index?

Reviews

Write a Review

Operation Management Questions & Answers

  Employees are a significant group of stakeholders

Employees are a significant group of stakeholders in an organization. As at-will employment and outsourcing become more common in the business world, many employees who once trusted their employers and expected lifetime employment have been shocked b..

  Calculate the cost performance index for the project to date

A project to build a new bridge seems to be going very well since the project is well ahead of schedule and costs seem to be running very low. A major milestone has been reached where the first two activities have been totally completed and the third..

  Items in meeting organizational objectives

Describe the importance of the three items in meeting organizational objectives. Include at least one source other than the textbook.

  The capacities of each and every plant demands of each

sweetland sugar nbspampco. produces cane sugar in its four plants in charlotte kansas city indianapolis and flagstaff.

  Role of project management in software implementation

Why is it important to have development and operations work together to build a secure software environment. Please explain in detail with examples. What is the role of project management in software implementation. Please explain in detail with exam..

  Organization has implemented the generic marketing strategy

Visit any retail establishment of your choice in order to assess how the organization has implemented the generic marketing strategy and the segmentation strategies

  Explain the complexity of creating effective work teams

Explain the complexity of creating effective work teams. What role do leaders and managers play in creating those teams? What are some of the barriers to collaborative teams?

  Problem batchingnbsp sarahs organic soap company makes four

problem batchingnbsp sarahs organic soap company makes four kinds of organic liquid soap- regular lavender citrus and

  Negative impact on the firms ability to do business

Apples & Oranges Corporation learns that a federal administrative agency is considering a rule that will have a negative impact on the firm’s ability to do business. Does the firm have any opportunity to express its opinion about pending rule? Explai..

  Discuss the best possible method for determining the value

1. discuss the best possible method for determining the value of the business you selected. explain your rationale. 2.

  Ethical and safety dilemmas to the forefront of discussion

The Ebola crisis brought many moral and ethical and safety dilemmas to the forefront of the discussion. Name the parties, e.g. nurses, physicians, managers, employees, and so on and discuss at least two parties' rights and responsibilities. What woul..

  Develop a contracting and procurement plan

Going to the market with a request for tender, evaluating responses and selecting preferred contractors - Develop a contracting and procurement plan

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