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A small furniture manufacturer produces tables and chairs. Each product must go through three stages of the manufacturing process: assembly, finishing, and inspection. Each table requires 3 hours of assembly, 2 hours of finishing, and 1.5 hour of inspection. Each chair requires 2 hours of assembly, 2 hours of finishing, and 1 hour of inspection. The profit per table is $150 while the profit per chair is $90. Currently, each week there are 540 hours of assembly time available, 400 hours of finishing time, and 120 hours of inspection time. Linear programming is to be used to develop a production schedule. Define the variables as follows:
Formulate the linear program and determine the number of tables and chairs to produce to maximize profit.
Devise a benchmarking review for Anthony's Orchard - Explain the potential value of a BSC to Anthony's Orchard. Describe specific ways that the introduction of a BSC can contribute to this organisation.
If you were comparing the costs of loans from different lenders, could you use their APRs to determine the loan with the lowest effective interest rate? What information do YOU think lenders should be required to disclose when making loans? Explai..
Bright star bank pays a nominal annual interest rate of 11.36 percent compounded quarterly on your savings account. Calculate the effective annual rate or EAR (answer plus units) round 2 decimal places
Discuss how larger economic issues affect the CP market and a company's issuance of CP. 1 and half pages plus appropriate APA citation.
Team Sports has 6 million shares of common stock outstanding, 1 million shares of preferred stock outstanding, and 200 thousand bonds ($1,000 par). If the common shares are selling for $24.50 per share, the preferred share are selling for $20 per sha..
Calculating Financial Ratios
Write a 700- to 1,000-word paper identifying the specific cost accounting system an organization utilizes and how it uses the accounting information for financial management. Your paper must include the following
Dividends received of $44,209, dividends paid of $10,000, and income taxes. What is the firm's income tax liability?
The risk-free rate of return is currently 0.02, whereas the market risk premium is 0.05. If the beta of RKP, Inc., stock is 1.7, then what is the expected return on RKP?
Firm S is considering adding a robotic device to its production line. The device base price is $1,038,000.00, and it would cost another $21,500.00 to install it. The machine falls into the MACRS 3-year class (the applicable MACRS depreciation rates a..
Mc Donalds corp. preferred stock pays an annual dividend of $5 per share. Calculate the value of one share to an investor who requires a rate of return of : Calculate the yield of the Mc Donalds corp preferred stock of problem 13 if its market price ..
jessica alba a famous actress starts the baby and family products business the honest company with christopher gavigan.
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