Linear regression, The Electrocomp Corporation manufactures

Linear regression

Assignment Help Financial Management

Reference no: EM13846383

Linear Regression

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 conditioner takes 3 hours of wiring and 2 hours of drilling. Each fan must go through 2 hours of wiring and 1 hour of drilling. During the next production period, 240 hours of wiring time are available and up to

140 hours of drilling time may be used. Each air conditioner sold yields a profit of $25. Each fan assembled may be sold for a $15 profit. Formulate and solve this LP production mix situation to find the best combination of air conditioners and fans that yields the highest profit.

Reference no: EM13846383

Questions Cloud

What is the fair price of share of royal bank stock : Royal Bank common shares pay dividends annually. They just paid a $1.50 dividend. Stock holders require a return of 12%. Royal is expected to continue paying dividends that will grow at 3.5% per annum in perpetuity. What is the fair price of a share ..

Define the four dimensions of social responsibility : Define the four dimensions of social responsibility and explain their impact on achieving a competitive advantage.

Trader ever exercise option and lose money on the trade : A trader buys a call option with a strike price of $30 for $3. Does the trader ever exercise the option and lose money on the trade? Explain your answer.

What is your account equity at this stock price : You short sold 600 shares of stock at a price of $43 and an initial margin of 60 percent. If the maintenance margin is 30 percent, at what share price will you receive a margin call? What is your account equity at this stock price?

Linear regression : 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 conditioner takes 3 hours of wiring and..

What is the net present value of this car transaction : Suppose you want to buy a car for college. Your awesome uncle is willing to sell you his $20,000car which he no longer needs. He will only charge you 1% interest per year on the value of the car. Assuming 10 equal annual payments, what is the payment..

Calculate the expected annual loss for each exposure : Calculate the expected annual loss for each exposure and create a graph. Submit a report summarizing which points have the greatest vulnerability and provide recommendations.

Benefit by using activity based costing : Evaluate and discuss whether Boeing could benefit by using Activity Based Costing (ABC). The discussion should include what factor(s) influenced your decision, the ramifications of implementing ABC in the international business environment, and how y..

Annual percentage rate on your credit card : The annual percentage rate (APR) on your credit card is 14.5% (monthly compounded). During the first week of school, you racked up $700 in credit card debt. You do not have access to a cheaper source of financing, and you definitely do not want to te..

User Account

All Pages