Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Q1 . Survey Type LA SA LN SN Telephone $18 $14 $25 $20 Web Cam $40 $35 $60 $45 ACME CO. is conducting a Benchmarking

Q1.

Survey Type

LA

SA

LN

SN

Telephone

$18

$14

$25

$20

Web Cam

$40

$35

$60

$45

ACME CO. is conducting a Benchmarking survey to assess the satisfaction of their customers relatives to those served by competitors. 4,000 companies were divided into 4 groups based on size (L = LARGE COMPANIES, S = SMALL COMPANIES) and whether they were served by ACME or NOT (A = ACME, N = NOT ACME). Cost per survey are summarized in the table above. What is the minimum cost way to deploy the survey that meets the following conditions?

  • At least 10% and at most 50% of the total companies should come from each group
  • At least 50% of the companies surveyed should be served by ACME
  • At least 25% of the survey should be done by WEB CAM.
  • At least 40% of those surveyed may be small companies
  • At least 25% of the small companies surveyed may be done by WEB CAM
  • At least 50% of the LA group should be done by WEB CAM.

Q2.

One of ACME COs plants is still operating its own power generating plant due to its location. This Plant consumes three types of thingmabobs, as detailed in the table below, to produce steam to drive turbines to generate electricity. The EPA requires that emissions consist of, for every TON of Thingamabobs consumed, No more than 2500 parts per million of Whatchamacallit and no more than 2.8 KG of widget dust. What mixture (In Percentage) of these three types will produce the maximum pounds of steam per ton without violating the EPA requirements?

Thingamabobs

Whatchamacallit(in ppm)

Widget Dust (in kg)

Steam

(in LBS/ton)

1

1,100

1.7

24,000

2

3,500

3.2

36,000

3

1,300

2.4

28,000

#Please Show the formulas and explanation for the solver solution

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

Fundamentals of Financial Accounting

Authors: Fred Phillips, Robert Libby, Patricia Libby

4th edition

978-0073369709, 73369705, 78025370, 978-0077444846, 77444841, 978-0078025372

More Books

Students also viewed these Accounting questions

Question

Find the median for the set of measurements 2, 9, 11, 5, 6.

Answered: 1 week ago

Question

Describe the ways in which insurance companies are taxed?

Answered: 1 week ago