Answered step by step
Verified Expert Solution
Question
1 Approved Answer
PWC Company just bought a Production Equipment, two types of fuels are needed to run the Equipment, namely, Diesel and Octane. The machine specifications and
PWC Company just bought a Production Equipment, two types of fuels are needed to run the Equipment, namely, Diesel and Octane. The machine specifications and requirements show that for every one hour of production time, each gallon of Diesel emits 12 units of chemical gas and generates a mechanical energy equivalent to 4 horsepower. This costs P160. In a similar manner, each gallon of Fuel B emits 5 units of chemical gas and generates 8 horsepower of mechanical energy. This costs P150. The maximum number of units of such type of chemical gas allowed by the government to be emitted by such type of machinery is 30 units. The operating activities of the company require at least 32 horsepower of mechanical energy per hour. Required: (On the answer Box, Please write both the answers directly for Numbers 1 and 2, No need to show solutions. Thank you.) 1.) Using the graphical method, Determine the number of gallons of Fuel A and Fuel B that are needed to operate the machine at the lowest possible cost. (5Pts.) 2.) Determine the Cost to Run the Production Equipment for a week, if it is operated 8 hours a Day, 5 days a week. (5Pts.) * (10 Points) Prince Shop produces two types of tables: an elegant table and an ordinary table. The table, whether elegant or ordinary, passes through two departments, namely, the assembly department and finishing department. Each elegant table requires 16 hours of assembly work and 8 hours of finishing tasks. Each ordinary table requires 12 hours in the assembly department and 4 hours in the finishing department. Every production period, the shop has 480 hours of assembly time and 200 hours of finishing time. The elegant table contributes P7,000 to the company's profit, while the ordinary table has a profit of P5,000. Required: (On the answer Box, Please write both the answers directly for Numbers 1 and 2, No need to show solutions. Thank you.) 1.) How many Elegant and Ordinary Tables Do Prince should Produce in one week Period to Maximize its Profits? (May use Algebraic Method) (5Pts.) 2.) Determine the Profit it will generate for a Month if Optimal Solution is Implemented, Assuming 4 weeks in a Month. (5Pts) * (10 Points) JC Movers Inc. documented the miles driven and total moving van costs for the past five months as follows: 1.) Using High Low-Method, Determine the Variable Rate, Fixed Cost, and the Total Estimated Vehicle Costs If the company expects to drive 7,500 miles in June. (10 MS) 2.) Using Regression Analysis, Determine the Variable Rate, Fixed Cost, and the Total Estimated Vehicle Costs If the company expects to drive 7,500 miles in June. (10 MS) * (20 Points) Months ' Corresponding Costs . Number of Miles ' Jan ua O 4.800 2.000 Februa 5,050 2.500 Marsh. .. 64.0.0 5-090 April 5,600 4,000 May 6,000 _ 5.000
Step 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