The following question relates to problem #$9.(1$ pt$)$

Suppose operation $x$ feeds directly into operation $Y.$ All of $x\text{'}$s output goes to $Y,$ and $Y$ has no

other operations feeding into it$.x$ has a design capacity of $80$ units per hour and an

effective capacity of $72$ units per hour. Y has a design capacity of $100$ units per hour. What

is $Y\text{'}$s maximum possible utilization $(\%)?$

The following questions relate to problems #$10-13.(1$ pt each$)$

A product of pottery is considering the addition of a new plant to absorb the backlog of

demand that now exists. The primary location being considered will have fixed costs of

$$9,200$ per month and variable costs of $$1\mathrm{.}00$ per unit produced. Each item is sold to the

retailer at a price that averages $$3\mathrm{.}00.$

What volume per month is required to break even?

What profit would be realized on a monthly volume of $6,100$ units?

What volume is needed to obtain a profit of $$16,000$ per month?

What volume is needed to provide a revenue of $$21,000$ per month?

The following questions relate to problems #$14-15(1$ point each$)$

A small building contractor has recently experienced two successive years in which work

opportunities exceeded the firm's capacity. The contractor must now make a decision on

capacity for next year. Estimated profits under each of the two possible states of nature are

as shown in the table below. What alternative should be selected if the decision criterion

is:

What alternative should be selected if the decision criterion is Maxmin?

What alternative should be selected if the decision criterion is Minimax regret?