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Lego Toys is planning to produce new toys at its factories. The setup cost of the production facilities, production costs and profits for each toy are given below:Toy Setup cost ($) Unit Cost ($) Selling Price ($)1 45000 8 202 76000 11 25The company has two factories that are capable of producing these toys. The production rates of each toy are given below (in units/hour): Toy 1 Toy 2Factory 1 52 38Factory 2 42 23Factories 1 and 2, respectively, have 480 and 720 hours of production time available for the production of these toys. In addition, each of the toys requires 4 pounds of material and the total material available is 100000 pounds. The manufacturer wants to know which of the new toys to produce, where and how many of each (if any) should be produced so as to maximize the total profit. a. Formulate an integer programming model by identifying decision variables and clearly expressing objective function and constraints as mathematical functions. Solve the problem in EXCEL and discuss the solutionb. If the company has a restriction that it has to produce at least 400 units of each toy if they are scheduled for production, how does the model change? Express any additional constraints as mathematical expressions.
Q. Sales discounts and Sales returns? Sales discounts arise when the seller tenders the buyer a cash discount of 1 percent to 3 percent to induce early payment of an amount due
on 1st july,2008,machinery purchased rs10,000 for cash from bhim.give journal entry and prepare ledger accounts.
Q. Basic elements of financial statements? Therefore far we have discussed objectives of financial reporting and qualitative characteristics of accounting information. A third
On January 1, 2012, Bartell Company sold its idle plant facility to Cooper Inc. for $1,050000. On this date, the plant had a depreciated cost of $735,000. Cooper paid $150,000 ca
A) During the year, total liabilities enhanced $106,010 and stockholders' equity reduced $67,590. What is the amount of total assets at the end of the year? B) If total assets e
Is there nay depreciation needed to perform when the revaluation model is applied to the asset?
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Your individual coursework portfolio addresses the following learning outcomes: ? Discuss the corporate governance issues and the duty of care of the directors of limited companies
Can you give me a more simple definition of Mutual Confidence and give me an example of a situation of it
Q. What is Intangible Assets? Intangible Assets are items likecopyrights, patents, licenses, trademarks, franchises andother kinds of rights or things of value to a company tha
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