Reference no: EM131428178
A company makes and sells various products. Three such products are Brittle, Croner, Dryad. The following Budget/Forecast information is available for the coming year:
Brittle Croner Dryad
Selling price/unit ($) 60 40 30
Variable cost/unit ($) 40 30 32
Company fixed costs ($) arbitrarily apportioned 5000 13000 12000
Forecast of maximum sales potential (units) 1700 3500 6000
Direct labour hours/unit 6 2 4
Direct material/unit (kg) 8 3 6
It has been established that the maximum direct labour hours available for the coming year will be 15,000 hours. It will not be possible to employ additional workers or work additional overtime. In addition, the raw material, which is imported, will be limited to a total weight of 30,000 kgs. All opening and closing stocks are nil.
Required:
Establish whether direct labour or materials will be a limiting factor during the coming year. Show your calculations.
Calculate the sales/production mix which will maximize profit for the year given the above constraints and calculate what the maximum profit will be.
Suggest reasons for adopting a production/sales policy which is not based on the profit maximising mix calculated in (2) above.
Conceptual understandings and mastery of skills
: Describe how you will integrate use of calculators in order to enhance your students' conceptual understandings and mastery of skills (develop and or locate two activities that facilitate learning concepts/skills aligned with your semester grade l..
|
Sing exponential smoothing with alphaa
: The Carbondale Hospital is considering the purchase of a new ambulance. The decision will rest partly on the anticipated mileage to be driven next year. If a 2-year moving average is used to make the forecast, the MAD based on this =______ miles. Usi..
|
Locate on-line interactive sites
: Generate an activity which parents might try at home aligned with your grade level and SOL's/Big Ideas/EQ's (be specific and detailed, cite source)---feel free to locate on-line interactive sites in which calculators are used to reinforce and/or ..
|
Explain what a responsibility matrix
: Please explain what a Responsibility Matrix (RM) is. What is another name for a RM? When would it be appropriate to create a RM rather than a full blown Work Breakdown Structure (WBS)?
|
Company makes and sells various products
: A company makes and sells various products. Three such products are Brittle, Croner, Dryad. The following Budget/Forecast information is available for the coming year: Establish whether direct labour or materials will be a limiting factor during the ..
|
Multimedia system development course
: Topic: Discuss the compression and its major types, and the techniques used in each type. Explain which type is best for compressing the digital media files.
|
Sap implementation the management
: After company went live with their SAP implementation the management decided that the standard delivered reports did not provide all the required data elements. As such a request was put into the development team to modify four key reports. The de..
|
Purpose of the diffie-hellman algorithm
: Question 1: Briefly compare and contrast how asymmetric cryptography is used to provide encryption as opposed to how it can be used to provide a digital signature. Question 2: What is the purpose of the Diffie-Hellman algorithm? What are its major ..
|
Satellite television versus cable
: Examine and compare one of the following product sets. Base your comparison on such factors as features, costs, convenience, ease of use, ease and/or cost of repair, and safety. Satellite television versus cable.
|