Sunday
April 20, 2014

Homework Help: Engineering

Posted by Phillip on Sunday, April 19, 2009 at 10:39pm.

Based on the following labor/material/costs/revenue structure, develop a production plan to maximize profit. You have 40 hours per week at the shown rate at each position type and can plan on 15% additional hours at overtime rates of 150%. You have room for a total of 8 positions (V thru Z) employees are only assigned to one position. All positions (employees) will be paid for at least 40 hours per week. At least 1 unit of each product (A thru F) must be made.

Positions/Products
A B C D E F Cost/Each
V 5 0 2 0 7 3 25.00
W 3 3 4 2 0 0 28.00
X 4 2 2 3 3 0 30.00
Y 0 5 4 3 2 3 32.00
Z 4 3 0 2 3 4 35.00

Material
1 1.2 .8 .7 1.25 .7 100.00

Revenue/Each
703 613 525 468 651 466

Answer this Question

First Name:
School Subject:
Answer:

Related Questions

Math - Limits/Derivatives - Suppose that for a company manufacturing calculators...
inequalities - A home-based company produces both hand-knitted scarves and ...
lavin - A firm has the following short-run production function: Q = 100L + 10L2...
math - a manufacturer markets 2 products. each unit of Product A requires 3 ...
Cost accounting - If a company has that following information available for ...
Algebra - As Sales Manager for Montevideo Productions, Inc., you are planning to...
Calculus - We're doing optimization problems and this is one that I am having ...
accounting - This year , Kirby company sold 35,000 units of production at $16 ...
accounting - This year , Kirby company sold 35,000 units of production at $16 ...
finite math - A company installs different POS computer systems. POS system A ...

Search
Members