Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Leisure Chairs is a small manufacturer of two types of popular leisure chairs, the SlingChairs and the Adirondack models. The manufacturing process consists of two

Leisure Chairs is a small manufacturer of two types of popular leisure chairs, the SlingChairs and the Adirondack models. The manufacturing process consists of two departments: fabrication and finishing. The fabrication department has 10 skilled workers, each of whom works 8 hours per day. The finishing department has 5 workers, each of whom works a 8-hour shift per day. Each pair of Sling Chairs requires 3.5 labor hours in the fabrication department and 2 labor hours in finishing. The Adirondack model requires 4.5 labor-hours in fabrication and 3.5 labor-hours in finishing. The company operates 6 days a week. It makes a per unit profit of $57 on the SlingChair model and $68 on the Adirondack model. The company anticipates selling at least twice as many Adirondack models as SlingChairs models. The company is developing a weekly production plan and wants to know how many chairs of each kind should be produced each week. An intern working at company was asked to develop a spreadsheet model. (Help the intern formulate and work with the model). When solved the optimization model resulted in following outcome Decision Variables In this problem Sling Chairs (S) Adirondack (A) 26.7 53.3 ANSWER B C D Indicate A/B/C/D intern must have A. -2S+ 1A = 1. formulated the C. 2S+1A 0 10 0 D. none of these Market mix constraint as: What will be the 2. profit contribution A. 11.00 B. 253.33 C. 1520.00 D. 293.33 from SlingChairs? What will be the profit contribution 3. A. 586.67 B.11.00 C. 604.44 D. 3626.67 from Adirondack chairs? What is the total 4. A. 125.00 B. 857.78 C. 5146.67 D. profit generated? What is the total number of hours 5. available for A. 8 B. 480 C. 80 D. 48 fabrication operation? What is the total number of hours 6. A. 8 B. 48 C. 240 D. 40 available for the finishing operation? What is the total number of hours 7. A. 480 B. 333.33 C. 55.56 D. 146.67 used for fabrication operation? What is the total number of hours 8. A. 40 B. 5.5 C. 240 D. 180 used for the finishing operation? 9. What is the value of slack? A. 146.67 B. 24.44 C. 72 D. 80 If Leisure Chairs is hiring another employee, based on A. C. 10. B. Finishing your analysis, which Marketing Fabrication D. Do not hire department should it hire for

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

Managerial Accounting Working Papers Tools For Business Decision Making

Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso

4th Edition

0470128887, 978-0470128886

More Books

Students also viewed these Accounting questions