Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

A Company owns 3 factories, in Allentown, Belton, and Concord. The factories produce 3 kinds of desks office, lawyer and student. The Allentown factory produces

A Company owns 3 factories, in Allentown, Belton, and Concord. The factories
produce 3 kinds of desks office, lawyer and student. The Allentown factory
produces 10 office desks, 20 lawyer desks, and 21 student desks each hour. The
Belton factory produces 13 office, 15 lawyer, and 20 student desks each hour.
The Concord factory produces no office desks 10 lawyer and 15 student desks
each hour. The Company must fill an order of at least 500 office, 400 lawyer and
800 student desks. Because of union considerations the Allentown and Belton
factories must be open at least 60 hours altogether. If it costs the Company $500
per hour to run the Allentown factory, $700 an hour to run the Belton factory and
$900 an hour to run the Concord factory, how many hours must they operate each
factory to minimize the cost? What is the minimum cost?

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Cost Accounting Foundations And Evolutions

Authors: Michael R. Kinney, Cecily A. Raiborn

7th Edition

0324560559, 978-0324560558

More Books

Students also viewed these Accounting questions

Question

5.. I dentify the primary activities of the financial manager.

Answered: 1 week ago

Question

Describe forecasting requirements.

Answered: 1 week ago