Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Constraint #1 is that the firm has only 7,000 labour hours to work with Constraint #2 is that the firm has to use all 7,000
Constraint #1 is that the firm has only 7,000 labour hours to work with
Constraint #2 is that the firm has to use all 7,000 labour hours
Constraint #3 is that all of the types of sandwiches need to be sold. Cannot drop a product.
Given the current constraints, what would be the ideal product mix?
Appendix ! Sandwich Information Cubana Delight Existing Chacarero Beef Pambazo Chorizo Mediterranean Light 0.08 0.06 0.05 0.05 Labour per unit (hours) Estimated demand (units) Total labour hours 30,000 35,000 42,000 15,000 2,400 2,100 2,100 750 $9.50 $9.55 $9.00 $8.00 (4.35) (4.55) (5.00) (3.40) Sales price Direct materials Direct labour (1) Fixed overhead (2) Profit (0.96) (0.72) (0.60) (0.60) (3.43) $0.76 (3.43) $0.85 (3.43) $(0.03) (3.43) $0.57Step 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