Determine how you can maximize your revenue from candy sales

Assignment Help Financial Management
Reference no: EM13763911

You have decided to enter the candy business. You are considering producing two types of candies: Slugger candy and Easy Out candy, both of which consist solely of sugar, nuts, and chocolate. At present you have in stock 10,000 ounces of sugar, 2,000 ounces of nuts, and 3,000 ounces of chocolate. The mixture used to make Easy Out candy must contain at least 20% nuts. The mixture used to make Slugger candy must contain at least 10% nuts and 10% chocolate. Each ounce of Easy Out candy can be sold for $0.50, and each ounce of Slugger candy for $0.40. Develop a linear program to determine how you can maximize your revenue from candy sales.

Reference no: EM13763911

Questions Cloud

Country present the biggest human resource challenge : From a human resource standpoint, in which country do you think a U.S. corporation would face the biggest challenge in terms of opening up an overseas division? Consider cultural, legal, economic, and any other factors you think would be relevant in ..
What is the market value of the outstanding preferred stock : Jones Design wishes to estimate the value of its out-standing preferred stock. The preferred issue has an $80 par value and has a dividend rate of 8 percent. Similar-risk preferred stocks are currently earning a 12% annual rate of return. What is the..
Minority shareholders have a greater chance of electing : Minority shareholders have a greater chance of electing a member to the board of directors if the company uses
What would be the beta of the replacement security : An investor has a 10 security portfolio with a beta of 1.5, each with a market value of $5,000. If the investor wants to reduce the overall beta to 1.4 by eliminating a risk security with a beta of 1.7, what would be the beta of the replacement secur..
Determine how you can maximize your revenue from candy sales : You have decided to enter the candy business. You are considering producing two types of candies: Slugger candy and Easy Out candy, both of which consist solely of sugar, nuts, and chocolate. At present you have in stock 10,000 ounces of sugar, 2,000..
Last claim on assets and a residual claim on income : Post your comments and respond to classmates' posts for this Discussion Question: If common stockholders are the owners of the company, why do they have the last claim on assets and a residual claim on income?
Define the decision variables and constraints : The Electrocomp Corporation manufactures two electrical products: air conditioners and large fans. The assembly process for each is similar in that both require a certain amount of wiring and drilling. Each air condition takes 3 hours of wiring and 2..
Development life-cycle of organizations : Stage 5 of "The Development Life-Cycle of Organizations" is known as
Calculate the groupon campaign profit and loss : A local dental practice decides to run a Groupon campaign. The campaign offered $345 worth of dental services (such as teeth whitening) for $140. For the total campaign, 250 coupons were sold. Calculate the Groupon campaign profit/loss

Reviews

Write a Review

Financial Management Questions & Answers

  Weighted average contribution margin per unit for lambardi

Lambardi Company sells 3 types of bags. Bag A sells for $17 and has variable cost of $9.00 per unit. Bag B sells for $12 and has variable cost of $12.00 per unit. What is the weighted average contribution margin per unit for Lambardi?­­­­­­­­­­

  What the new preferred stock

Annual dividend of 9% of its $100 par value. Preferred stock of this type yield at 6%. Assume dividends are paid annually. What is the value of preferred stock and interest rates levels increase to 12%. What the new preferred stock?

  Determine which has a higher roi

You will make a variety of decisions. You should consider the financial and nonfinancial aspects while making decisions - evaluate scenarios, you will also use some tools such as net present value (NPV) and return on investment (ROI) that you have d..

  Describe how much company spend to buy new fixed assets

During the year, the firm sold assets with a total book value of $13,600 and also recorded $14,800 in depreciation expense. How much did the company spend to buy new fixed assets?

  Options to be as profitable as an investment in the stock

The price of a stock is $25 and the price of a three-month call option on the stock with a $27 strike is $2.50. Suppose a trader has $2,500 to invest and is trying to choose between buying 1,000 options (10 contracts) or 100 shares of stock. How high..

  Compute the annual amount of the instalment loan payment

The company you work for is planning to borrow $58000 at an effective interest rate of 15% per year. The company expects to repay the loan with six equal annual payments at the end of each year, beginning one year after the loan is received. Compute ..

  Free agent market of major league baseball

During the 2014 free agent market of major league baseball, Nick Mar kakis of Baltimore Orioles signed a $44 million contract providing $11 million a year for 4 years with Atlanta Braves. Melky Cabrera of Toronto Blue Jays signed a $42 million contra..

  What is the expected return of each asset

What is the expected return of each asset and what is the variance of each asset?

  Stock dropped substantially after the announcement

Conagra just announced an earnings increase of 2%, but the price of the stock dropped substantially after the announcement. Is there a rational explanation for this result?

  Perpetual preferred stock

Tunney Industries can issue perpetual preferred stock at a price of $55.00 a share. The stock would pay a constant annual dividend of $6.00 a share. What is the company's cost of preferred stock, rp?

  Within the discussion board area write 400ndash600 words

within the discussion board area write 400ndash600 words that respond to the following questions with your thoughts

  Herrings stock price after the planned dividend payout

Suppose the company cancels the dividend and announces that it will use the money saved to repurchase shares. What happens to the stock price on the announcement date?

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