Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Monty Boy is a Marketing Vice President for Frenchie Company. Frenchie company is planning to expand its sales of computer software into three new territories:

Monty Boy is a Marketing Vice President for Frenchie Company. Frenchie company is planning to expand its sales of computer software into three new territories: Fini, GenT and Sangandaan. It has been determined that 20, 15, and 30 salespersons will be required to service each of the three areas, respectively. The company recently hired 65 new salespersons to cover these areas, and based on their experience and prior sales performance, the new hires have been classified as Type A, B and C salespersons. Depending upon the requins to which each of the three types are assigned, Frenchie estimates the following annual revenues per salesperson:

Annual Revenues by Region

Type

# of Sales Persons Available

Fini

GenT

Sangandaan

A

24

$100,000

120,000

130,000

B

27

90,000

106,000

126,000

C

14

84,000

98,000

120,000

Monty wishes to determine how many salesperson of each type to assign to the three regions so that total annual revenues will be maximized. Using R as Rows and K as columns, in the initial table, What is the value of R3?

PLEASE, help me with my assignment. Thank you, tutor! (Have 30 left)..I will give you a thumbs up, if your answer is correct. Thankkk youuuu

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

Step: 3

blur-text-image

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

Introduction To Managerial Accounting

Authors: Peter C. Brewer , Ray H. Garrison, Eric Noreen

9th International Edition

1265672008, 978-1265672003

More Books

Students also viewed these Accounting questions