Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

PM produces three different lines of golf clubs for men, women, and junior golfers at manufacturing plants in Daytona Beach, FL; Memphis, TN; and

image text in transcribedimage text in transcribed

PM produces three different lines of golf clubs for men, women, and junior golfers at manufacturing plants in Daytona Beach, FL; Memphis, TN; and Tempe, AZ. The plant in Tempe produces all three line of clubs while the one in Daytona only produces Men's and Women's lines, and the plant in Memphis only produces the Women's and Junior's lines. Each line of clubs requires varying amounts of three raw materials that are sometimes in short supply: titanium, aluminum, and a distinctive rock maple wood that PM uses in all of its drivers. The manufacturing process for each line of clubs at each plant is identical. Thus, the amount of each of these materials required in each set of the different lines of clubs is summarized in the following table. Titanium Aluminum Rock Maple Resources Required per Club Set (in lbs.) Men's Women's Junior's 3.1. 2.9 2.7 4.3 5.25 3.8 4.85 4.8 4.65 The estimated amount of each of these key resources available at each plant during the coming month is given as: Titanium Aluminum Rock Maple Estimated Resources Availability (in lbs.) Daytona Memphis Tempe 4500 14500 8500 6000 9500 19000 12000 18000 16000 PM's reputation for quality and affordability ensures that they can sell all the clubs the company can make. The Men's, Women's, and Junior's lines generate wholesale revenues of $250, $220, and $175, respectively, regardless of where they are produced. Club sets are shipped from the production plants to distribution centers in Sacramento, CA; Denver, CO; and Pittsburgh, PA. Each month, the different distributions centers order the number of club sets in each of the three lines that they would like to receive. PM's contract with this distributor requires the company to fill at least 95% (but no more than 100%) of all distributor orders.

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

Advanced Accounting

Authors: Floyd A. Beams, Joseph H. Anthony, Bruce Bettinghaus, Kenneth Smith

12th edition

133451860, 978-0133451863

More Books

Students also viewed these Accounting questions

Question

Describe the difference between an array and a collection in C#

Answered: 1 week ago