Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

to be shipped during the second month. Additional data are shown: begin{tabular}{|lrccc|} hline & & multicolumn{2}{c|}{ Labor Requirements (hours) } & cline { 2

image text in transcribed to be shipped during the second month. Additional data are shown: \begin{tabular}{|lrccc|} \hline & & \multicolumn{2}{c|}{ Labor Requirements (hours) } & \\ \cline { 2 - 4 } & Production & & & Current \\ Model & Costs & Manufacturing & Assembly & Inventory \\ \hline Men's & $120 & 2.0 & 1.5 & 20 \\ Women's & $90 & 1.6 & 1.0 & 30 \\ \hline \end{tabular} If required, round your answers to nearest whole number. If your answer is zero, enter " 0 ". Production schedule: The optimal solution is as follows \begin{tabular}{|lrr|r|} \hline Production Schedule & Men's Model & Women's Model \\ \hline Month 1 & 193 & 3 & 95 \\ Month 2 & 162 & & \\ & & 175 & 3 \\ \hline \end{tabular} Total Cost =$1000Q \begin{tabular}{|c|c|c|} \hline \multicolumn{3}{|c|}{ Inventory Schedule } \\ \hline & Men's & Women's \\ \hline Month 1 & 25% & 00 \\ \hline Month 2 & & \\ \hline \end{tabular} If required, round your answer to two decimal places. \begin{tabular}{|c|c|c|} \hline \multicolumn{3}{|c|}{ Labor Levels } \\ \hline Previous month & 1000 & hours \\ \hline Month 1 & 922.25 & Qhours \\ \hline Month 2 & & Qhours \\ \hline \end{tabular} (b) If the comparry changed the constraints so that monthly labor increases and decreases could not exceed 50 hours, what would happen to the production schedule? If required, round your answers to nearest whole number. Production schedule: The revised optimal solution is as follows \begin{tabular}{|c|c|c|c|c|} \hline Production & Men's Mode & & Womern's Mo & odel \\ \hline Month 1 & 201 & Q & 95 & 0 \\ \hline Month 2 & 175 & 3 & & 6 \\ \hline \end{tabular} Total Cost =$ How much will the cost increase? \( 5 \longdiv { 9 } \)

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

Auditing Assurance And Risk

Authors: W. Robert Knechel, Steve Salterio, Brian Ballou

3rd Edition

0324313187, 9780324313185

More Books

Students also viewed these Accounting questions

Question

Define Decision making

Answered: 1 week ago

Question

What are the major social responsibilities of business managers ?

Answered: 1 week ago

Question

What are the skills of management ?

Answered: 1 week ago

Question

What were some of the team roles at Casper?

Answered: 1 week ago

Question

What were some of the team norms at Casper?

Answered: 1 week ago