Reference no: EM131148384
Electra produces four types of electric motors, each on a separate assembly line. The respective capacities of the lines are 500, 500, 800, and 750 motors per day. Type 1 motor uses 8 units of a certain electronic component, type 2 motor uses 5 units, type 3 motor uses 4 units, and type 4 motor uses 6 units. The supplier of the component can provide 8000 pieces a day. The prices per motor for the respective types are $60, $40, $25, $30.
(a) Determine the optimum daily production mix.
(b) The present production schedule meets Electra's needs. However, because of competition, Electra may need to lower the price of type 2 motor. What is the most reduction that can be effected without changing the present production schedule?
(c) Electra has decided to slash the price of all motor types by 25%. Use sensitivity analysis to determine if the optimum solution remains unchanged.
(d) Currently, type 4 motor is not produced. By how much should its price be increased to be included in the production schedule?
|
Resort to such extreme promotions dubbed skinvertising
: Two students at Cambridge University in England were charging businesses to have their logos painted on their faces for a day. The students raised more than $40,000 toward their university tuition. Is it ethical for advertisers to resort to such extr..
|
|
Do you agree with the opinion
: Do you agree/disagree with the opinionbelow? Why and can you add more insights to the analysis below?
|
|
About to embark on what type of research
: Joan needs to determine which variables and relationships she should examine further as part of the research she is conducting for the Flager Truck Company. Joan is about to embark on what type of research?
|
|
Why titanium is a good choice of material for golf clubs
: Explain why titanium is a good choice of material for golf clubs. When not in use, discuss at least one precaution to observe when storing clubs?
|
|
Determine the optimum daily production mix
: Electra produces four types of electric motors, each on a separate assembly line. The respective capacities of the lines are 500, 500, 800, and 750 motors per day. Type 1 motor uses 8 units of a certain electronic component, type 2 motor uses 5 units..
|
|
Explain the chemical process involve in the given phenomenon
: If MET-L-X or LITH-X is used, a residue could be left on the metal and if cleaned with water, the fire may be rekindled. Explain the chemical process involved in this phenomenon for both types of fire extinguishing powder.
|
|
Analyzed acquired customer data and developed strategies
: Caterpillar needed to know what truck fleets should test their two new engines; how they could get a marketing strategy that could be measured; and how to adjust for the coming downturn in sales. Caterpillar analyzed the newly acquired customer data ..
|
|
Advise on the trading strategy
: You have recently been employed as a financial analyst to advise on the trading strategy for investing in the Australian dollar in a major Investment bank in Australia.
|
|
What is camus opinion of the working class
: What were your general thoughts on the essay? Did you find it difficult to follow? Why? Have you ever felt like Sisyphus, completing seemingly mindless tasks over and over again and getting nowhere? If you did, how did that make you feel?
|