Answered step by step
Verified Expert Solution
Question
1 Approved Answer
1. 2. 3. 4. Download E 1 (download) to answer the following questions. How many small toys need to be sold to generate a profit
1.
2.
3.
4.
Download E 1 (download) to answer the following questions. How many small toys need to be sold to generate a profit off $6,500? (Round your answer to the nearest integer) A If the revenue per unit (toy) is increased to $0.674 for the holidays, how many toys must be sold to generate a profit of $7,000? (Round your answer to the nearest integer) A A B $0.659 $14,000.00 1 Small Toy Analysis 2 3 Revenue per Unit 4 5 Fixed Costs 6 7 Material Cost per Unit 8 Electricity Labor Cost per Unit 10 11 Quantity 12 13 $0.145 $0.021 $0.046 14 15 16 17 Download E 7 (download) to answer the following questions. Create a table showing Returns per Year (varying from 5.0 to 8.0 by 0.25) and 401(k) a per Month (varying from 100 to 300 by 20). If you contribute $220 per month, what return must you make to have at least $200,000 at the end of 26 years? (Enter your answer as a percentage with two decimal places and without the percent symbol) A/ If you now decide to work for 30 years and contribute only $200 per month, what minimum return must you make to have at least $250,000 in your account? (Enter your answer as a percentage with two decimal places and without the percent symbol) A B 25 1 Retirement 2 3 Years 4 5 401(k) per month $ 6 Returns per year 7 7 8 Value 100 7.0% $81,007 9 Download E 10 (download). It contains the detailed instructions in one tab and a second tab for your Linear Program. How many Rocky Mountain Parkas are sold in the optimal solution? A How many minutes of sewing time are used? (Enter whole minutes) A What is the total revenue produced by this solution? (Enter whole dollars) A 2 3 4 5 begin production on two new parkas Expedition manufacturers a variety of specialty clothing for skiing and mountain climbing. The company has decided to begin production on two new parkas designed for use in extremely cold weather: the Mount Everest Parka and the Rocky Mountain Parka. unty of material to make the coats, except the fact that the zipper union is on strike and there are only 350 zippers. 6 7 8 9 Because management believes that the Mount Everest Parka is a unique coat that will enhance the image of the firm, management has specified that at least 100 of this model must be produced. Each Mount Everest Parka requires 30 minutes of cutting time and 40 minutes of sewing time; the Labor and Material cost is $140 and the retail price is $250. LO _1 2. A w NP _3 Each Rocky Mountain Parka requires 20 minutes of cutting time and 15 minutes of sewing time; the Labor and Material cost is $50 and the retail price is $200. _4 5 Download E 8 (download). It contains the detailed instructions in one tab and a second tab for your Linear Program. How many acres of land should be allocated to Shrimp to maximize revenue? (Keep one decimal place) AJ How many acres of land are actually used in this optimal solution? (Include one decimal place) AJ How many total labor hours are used in this solution? (Enter whole hours) AJ A B D E F G H K M N O Gulf Seafood raises crawdads and shrimp which is then distributed throughout the southeast and enjoyed by us. They have 340 acres to devote to the farming of either crustacean. 1 acre devoted to farming shrimp will produce 7,700 lbs. of shrimp or 1 acre devoted to crawfish will produce 1,100 lbs. of crawfish. If crawfish are grown then rice will also be planted to get more profit out of the land and also to provide food for the crawfish. Market trends suggest that at least 40% of the total land be used for crawdads. Wholesale prices for 1 lb. of shrimp is $1.35 and crawfish is $2.99. 1 acre of rice will also provide $600.00 for the rice harvested. Remember that no additional acreage is needed for the rice; it uses the same acreage as the crawfish. The primary source of water to flood fields comes from rain water but additional water must be pumped. The water rights secured allow for 9,750 pumping hours. 1 acre of land used for crawdads requires 20 pumping hours and 1 acre of land used for shrimp requires 40 pumping hours. The main reason for this difference is that crawdads can burrow into the ground. There are 4 FTE (1 Full Time Equivalent (FTE) is 2080 hours of labor) that run the farm. An acre of crawdads requires about 19 hours of labor and an acre of shrimp requires 32 hoursStep by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started