Question
The Martinez Model Car Company produces four different radio-controlled model cars based on exotic production models: Ferrari, BMW, Lotus, and Tesla. Each model requires production
The Martinez Model Car Company produces four different radio-controlled model cars based on exotic production models: Ferrari, BMW, Lotus, and Tesla. Each model requires production in five departments. Models, prices, departments, minutes each model needs processing in each department, and available daily minutes in each department are listed in the following table.
Minutes/Unit | Ferrari | BMW | Lotus | Tesla | Minutes Available daily |
Mold | 5.00 | 3.50 | 1.00 | 3.00 | 600 |
Sand | 4.00 | 3.20 | 2.00 | 3.65 | 600 |
Polish | 3.50 | 2.00 | 3.00 | 1.00 | 480 |
Paint | 3.75 | 3.25 | 1.75 | 2.00 | 480 |
Finsih | 4.00 | 1.00 | 2.00 | 3.00 | 480 |
Price | $350.00 | $330.00 | $270.00 | $255.00 |
In Martinez Model Car case, what is the slack time (minutes) on Finish department?
What is the total sales if Martinez is required to produce at least 40 of each model daily?
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