subject
Business, 29.08.2019 05:30 ghari112345

Acompany makes two types of sofas, regular and long, at two locations, one in hickory and one in lenoir. the plant in hickory has a daily operating budget of $45,000 and can produce at most 300 sofas daily in any combination. it costs $150 to make a regular sofa and $200 to make a long sofa at the hickory plant. the lenoir plant has a daily operating budget of $36,000, can produce at most 250 sofas daily in any combination and makes a regular sofa for $135 and a long sofa for $180. the company wants to limit production to a maximum of 250 regular sofas and 350 long sofas each day. if the company makes a profit of $50 on each regular sofa and $70 on each long sofa, how many of each type should be made at each plant in order to maximize profit? what is the maximum profit?

ansver
Answers: 3

Another question on Business

question
Business, 22.06.2019 14:10
When a shortage or a surplus arises in the loanable funds market a. the supply of loanable funds changes to return the economy to its original real interest rate b. the nominal interest rate is pulled to the new equilibrium level c. the demand for loanable funds changes to return the economy to its original real interest rate d. the real interest rate is pulled to the new equilibrium level
Answers: 3
question
Business, 22.06.2019 18:00
Large public water and sewer companies often become monopolies because they benefit from although the company faces high start-up costs, the firm experiences average production costs as it expands and adds more customers. smaller competitors would experience average costs and would be less
Answers: 1
question
Business, 22.06.2019 22:20
What type of negotiating strategy requires the supplier to open its books to the purchasers? a. competitive biddingb. cost-based price modelc. price-based modeld. market-based price modele. transparent negotiations
Answers: 1
question
Business, 23.06.2019 06:00
What can be concluded from the data about the reliability and validity of the thermometers
Answers: 2
You know the right answer?
Acompany makes two types of sofas, regular and long, at two locations, one in hickory and one in len...
Questions
question
Mathematics, 24.06.2019 14:00
Questions on the website: 13722361