What are the extreme points of the feasible region

Assignment Help Financial Management
Reference no: EM13978373

1.Logan, Ltd. makes two products, tables and chairs, which must be processed through assembly and finishing departments. Each table requires 5 hours to assemble and 3 hours to finish, but each chair requires 2 hours to assemble and 5 hours to finish. Assembly department has 80 hours available, and finishing department can handle up to 90 hours of work. The company wants to see at least 5 chairs produced during the production. The production of chairs should be more than or equal to the production of tables. Each table yields a profit of $8, and each chair can be sold for a profit of $4.

a. Show the feasible region graphically (Draw a graph by using MS WORD).

b. What are the extreme points of the feasible region?

c. Find the optimal solution using the graphical method.

d. Are there any slack values? Are there any surplus values?

e. Compute the shadow prices of each constraint. 

Reference no: EM13978373

Questions Cloud

Find the difference in the oscillators positions : This difference is bounded, i.e., there exists a constant C, independent of time, for which |x2(t) - x1(t)|
Develop a suitable null and alternate hypothesis : Will the hypothesis test procedure prove that the containers are filled to an amount different from 30 ounces?
Determine the direction of the current : If the rod is moving to the right at a velocity v, would there be a current? Explain. If so, determine the direction of the current.
Produces a line of lightweight hiking boots : he Safari Company is currently the only company in the area that produces a line of lightweight hiking boots. Safari's advisors estimate that the demand for their boots is given by: Q = 42 -0.4 P  Where P is the average price of a boot and Q is the q..
What are the extreme points of the feasible region : Are there any slack values? Are there any surplus values? What are the extreme points of the feasible region?
What distance from the center would you need to hit the bar : Consider a uniform metal bar 10 cm long and mass 60 gram that sits at rest on a frictionless surface. If you hit the bar with an impulse of 1500 g*cm/s, at what distance from the center would you need to hit the bar to make it hit a wall 20 cm awa..
An extension for my assignment despite countless : Pneumonia and unfortunately my professor refuses to allow an extension for my assignment despite countless doctors notes. Honestly, I am still so sick that I can't really form long coherent thoughts in my head to fully complete this assignment. Any h..
What is a brief description of the information it collects : Does the information represent a primary or secondary source of data? Explain.
What is the span of the columns : (a) Generate a random 3x5 matrix ?? with entry integers uniformly between -100 and 100. Hint: Search for help on the functions rand and randi. (b) Put the matrix ?? in reduced echelon form using the command rref. (c) Are the columns of A linearly ..

Reviews

Write a Review

Financial Management Questions & Answers

  Ultimate goal-determine if triangular arbitrage is possible

Ultimate goal? Determine if Triangular Arbitrage is possible or not. State whether yes or no. Convert the Thai baht into Japanese yen. Convert the Japanese yen into dollars. Exchange dollars for Thai baht

  What is the firms cost of preferred stock

What sources of capital should be included when you estimate XYZ's WACC? and Should the component costs be estimated on a before or after-tax basis? Why?

  Projected net cash

hat should EBIT be? Projected Net Cash

  What is the implied rate of return on this stock

A stock will pay a dividend of $4 at the end of the year. It sells today for $100 and is expected to sell in one year for $105. What is the implied rate of return on this stock? Enter in percent and round to two decimal places.

  Purchased office supplies on account costing

On August 15th RJH Inc purchased office supplies on account costing 13,000. There were no additional purchases during August or September. Office supplies on hand August 1st were worth 2,500, on August 31st were worth 8,000 and on September 30th were..

  Calculations if investors were ahead after advance or not

From October 2007 to March 2009, the market declined about 57%. It then advanced in 1 year about 69%. Determine by calculations if investors were ahead after the advance or not?

  The present value of the investment

An investment offers $3,300 per year for 19 years, with the first payment occurring one year from now. If the required return is 8 percent, the present value of the investment is $___. If the payments occurred for 34 years, the present value of the i..

  What factors have contributed to the rapid growth

What factors have contributed to the rapid growth in the CDS market and Describe two strategies the company can use to hedge itself against defaults.

  Capital structures-equity plan and levered plan

Rise Against Corporation is comparing two different capital structures: an all-equity plan (Plan I) and a levered plan (Plan II). Under Plan I, the company would have 200,000 shares of stock outstanding. Under Plan II, there would be 150,000 shares o..

  The initial value of equity without leverage is closest

Monsters Incorporated (MI) is ready to launch a new product. Depending upon the success of this product, MI will have a value of $100 million, $150 million, or $191 million, with each outcome being equally likely. The initial value of MI’s equity wit..

  What is the present value of your inheritance

You will receive a $100,000 inheritance in 20 years. Your investments earn 6% per year, compounded annually. To the nearest hundred dollars, what is the present value of your inheritance?

  What is the cash dividend yield on the common stock

Select a major industrial or commercial company based in the United States and listed on one of the major stock exchanges in the United States. Each student should select a different company.  What is the company’s current actual beta? What is the ca..

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