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please help me solve this problem, the value of pxx x=255 (50%] 2. A motorbike part manufacturer produces side mirrors. Two methods are possible for
please help me solve this problem, the value of pxx x=255
(50%] 2. A motorbike part manufacturer produces side mirrors. Two methods are possible for manufacturing and the parameters of each method are as shown below: Method 1 Method 2 Production Rate 40 parts per hour 20 parts per hour Daily Production Time 5 hours per day 8 hours per day Percent of Parts Rejected 15% 10% All defect free parts can be considered sold. Rejected parts cannot be sold. Find the method that maximizes profit per day if each part is made from+xxx worth of material & labor and can be sold for 1,000 each. Variable overhead cost is charged at the rate of 1,500 per hour. (50%] 2. A motorbike part manufacturer produces side mirrors. Two methods are possible for manufacturing and the parameters of each method are as shown below: Method 1 Method 2 Production Rate 40 parts per hour 20 parts per hour Daily Production Time 5 hours per day 8 hours per day Percent of Parts Rejected 15% 10% All defect free parts can be considered sold. Rejected parts cannot be sold. Find the method that maximizes profit per day if each part is made from+xxx worth of material & labor and can be sold for 1,000 each. Variable overhead cost is charged at the rate of 1,500 per hour Step by Step Solution
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