Engineering
posted by Phillip .
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 through 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 through 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
Respond to this Question
Similar Questions

algebra
Sally works at a grocery store. In one week she earned $390 for working 47 hours, of which 7 hours were overtime. The next week she earned $416 for working 50 hours, of which 8 hours were overtime. What is Sally's hourly overtime rate … 
algebra
Sally works at a grocery store. In one week she earned $390 for working 47 hours, of which 7 hours were overtime. The next week she earned $416 for working 50 hours, of which 8 hours were overtime. What is Sally's HOURLY OVERTIME rate … 
OSCM
Develop a production plan and calculate the annual cost for a firm whose demand forecast is fall, 10,000, winter, 8,000, spring, 7,000 and summer 12,0000. Inventory at the beginning of fall is 500 units. At the beginning of fall you … 
Finite with Calculus Applications
The Ball Company manufactures three types of lamps, labeled A,B,and C. Each lamp is processed in two departments, I and II. Total available workhours per day for departments I and II are 400 and 600, respectively. No additional labor … 
STATISTICS
A manufacturer has received complaints that aging production equipment is forcing workers to work overtime in order to meet production quotas. Historically, the average hours worked per week at the company is normally distributed, … 
math
my present salary is $1,560.00. I was offered a new position at $8.60 per hour with 1 1/2 hrs pay for overtime after 40 hours of work per weeke. How man hours of overtime per week would I need to earn the $390.00 per week. 
help with math!
Evonne earns $10.50 per hour for a 40 hour week. She earns time and a half (1 1/2 times the normal $10.50 per hour rate) for all hours worked OVER 40 hours. Answer the following question based on Evonne's information. This week Evonne … 
The Simplex Method
A student earns $10 per hour for tutoring and $7 per hour as a teacher's aide. To have enough free time for studies, he can work no more than 20 hours per week. The tutoring center requires that each tutor spends at least three hours … 
Math
For xyz manufacturing the fixed costs are $1200, material and labor costs combined are $2 per unit, and the demand equation is: p=100/√q What level of output will maximize profit? 
math
Amalgamated Furniture Company makes dining room tables and chairs. A table requires 8 laborhours for assembling and 2 laborhours for finishing. A chair requires 2 laborhours for assembly and 1 laborhour for finishing. The maximum …