Chelsea runs a factory that makes DVD players. Each S100 takes 9 ounces of plastic and 2 ounces of metal. Each D200 requires 6 ounces of plastic and 6 ounces of metal. The factory has 396 ounces of plastic, 312 ounces of metal available, with a maximum of 24 S100 that can be built each week. If each S100 generates $16 in profit, and each D200 generates $8, how many of each of the DVD players should Chelsea have the factory make each week to make the most profit? S100: D200: Best profit:
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- Henry Sweet Company currently makes 6-inch candy sticks that it sells for $0.20 each. Henry can make 12-inch candy sticks out of two 6-inch candy sticks by melting them together, which costs an additional $0.03 per 12-inch stick. Henry can sell the 12-inch sticks for $0.45. Henry has enough capacity to make 10,000 6-inch candy sticks per month, and enough demand to sell all of the candy sticks it can manufacture, whether 6- inch or 12-inch. Should Henry sell 6-inch or 12-inch candy sticks, and how much additional profit will its decision bring in per month? Multiple Choice O O Sell 6-inch sticks, additional $100 Sell 6-inch sticks, additional $250 Sell 12-inch sticks, additional $100 Sell 12-inch sticks, additional $250Juan is wondering if he can earn higher profits in his liquor bottle manufacturing business. He purchases glass ingredients at a rate of $20 per 100 lbs. Each manufactured tequila bottle weighs 1 lb. Labour and related costs amount to $1.50 per bottle. Juan sells his ½ litre bottles to tequila producers for $3.00 each. Juan believes he can produce his own quality tequila which would sell for $17 per bottle. Even though high demand is keeping his factory busy all the time, there is a possibility that filling the bottles himself would make Juan wealthier. He believes that ingredients for one litre of tequila would cost $10. Added labour would amount to $4 per bottle. Variable overhead would add $2 per bottle. Should Juan fill his own bottles? Discuss all important factors and make recommendations.Juan Fox’ has started her own company, Foxy Jeans, which manufactures imprinted jeans. Since he just begun this operation, he rents the equipment from a local printing shop when necessary. The cost of using the equipment is P3,000. The materials used in one jean cost P200, and he can sell it at 350. Requirements: Provide for a mathematical model that will show how to maximize the profit. IF Juan sells 100 jeans, what will his total revenues, total costs, and profit? How many jeans must Juan sell to have zero profit and zero loss (break-even)?
- You make Fidget Spinners that you can sell for $6.50 each. The materials that go into each fidget spinner include ball bearings ($1.25/unit), and plastic ($0.15/unit). Your other costs are as follows: $0.10/unit of injection molding costs You pay your little brother 5% commission on each unit he sells. $100 per month for a social media advertising campaign $3600 per year that your parents are charging you to use the garage $3000/month to cover the salaries for you and two of your best friends who are all equal partners in this business. Because you are using the garage, you are also required to purchase car covers upfront for each of your parent's cars. This totals $750. You also need to purchase injection molds for $1500. What is the minimum number of Fidget Spinners you must sell per month to breakeven?You want to open up a custom skateboard shop. You can sell each skateboardfor $160. It takes 3 hours to make each skateboard. Each skateboardmaker earns $25 per hour. Each skateboard costs $15 in raw materials. Youestimate that your fixed costs are $20,000 per month.a. What is the contribution margin?b. How many skateboards must be sold each month in order to break even?c. What is the break-even dollar amount?d. How many skateboards must be sold to earn a $10,000 profit each month?e. What is your total monthly revenue if you want to earn a profit of $8,000?Siti runs a small factory in Kuala Pilah producing banana chips. She normally sells 10,000 packets at RM5.00 per packet. She is now planning for next month’s sales and the following information is given:Raw material required is 1000 kg of bananas at RM1.30 per kg. The labor rate is RM3.00 per hour and each packet of banana chips takes 0.25 hours to make. Manufacturing overheads are charged at RM0.80 per packet. The following stock levels are maintained:Opening stockRaw materials 100 kg Banana chips 80 packetsClosing stock120 kg70 packets Required: For the month ending 31 March 2018, prepare manufacturing overhead budgets
- Siti runs a small factory in Kuala Pilah producing banana chips. She normally sells 10,000 packets at RM5.00 per packet. She is now planning for next month’s sales and the following information is given:Raw material required is 1000 kg of bananas at RM1.30 per kg. The labor rate is RM3.00 per hour and each packet of banana chips takes 0.25 hours to make. Manufacturing overheads are charged at RM0.80 per packet. The following stock levels are maintained:Opening stockRaw materials 100 kg Banana chips 80 packetsClosing stock120 kg70 packets Required: For the month ending 31 March 2018, prepare cost of sales budgetLia ITZY has determined that the annual demand for number 6 screws is 100,000 screws. Lia, who works in her brother’s hardware store, is in charge of purchasing. She estimates that it costs $10 every time an order is placed. This cost includes her wages, the cost of the forms used in placing the order, and so on. Furthermore, she estimates that the cost of carrying one screw in inventory for a year is one-half of 1 cent. Assume that the demand is constant throughout the year. QUESTION: What would the average inventory be? What would the annual holding cost be?A quilter is making table runners and placemats. It takes her 12 minutes to make a table runner and 7.5 minutes to make a placemat. Each placemat uses 1.25 yards of fabric and each table runner uses 2/3 yard of fabric. She has 31 hours available for making the table runners and placemats and has 237 yard of fabric on hand. She makes a profit of $2.50 on each table runner and $1.75 on each placemat. How many of each item should she make in order to maximize profit? Use the solver to answer the following questions: How many of each product should be sold to maximize profit? What is the maximum profit that can be achieved? What constraint(s) caused this solution to be the best possible?
- Sara sells hats for children. She is able to sell at OMR 18 per unit. Materials for the hats cost OMR 4. Fixed cost is OMR 280. She sells 80 hats each month. What is her profit?At Aspen Trucking Company, the average driver out of its 200 driver employees travels 1,600 miles per week (50 weeks per year) and it charges customers $2.15 per mile. Aspen provides each driver a $95,000 big rig and pays the driver $0.58 per mile. It estimates that the direct cost, other than the driver, for operating a truck is $0.75 per mile. Jack, the sales manager has been working on several ways to grow the revenue of the business by 10%. Since he has had to turn away business, Jack has now decided that the best way to do that is a combination of adding drivers and equipment along with a price increase of 2.5% next year. He knows that a first time driver will only be 75% productive in his or her first year and it will cost $5,500 to recruit each one. Assuming he can get all needed drivers hired by the first working day of the year, what will Aspen’s first year approximate cash flow be from this growth initiative? Please solve with excel. Group of answer choices a. $8,500 b.…avid Austin recently purchased a chain of dry cleaners in northern Wisconsin. Although the business is making a press, he could recognize a substantial increase in profits. The new press costs $15,400 to purchase and install and can press 40 shirts an hour (or 320 per day). David estimates that with the new press, it will cost $0.25 to launder and press each shirt. Customers are charged $1.10 per shirt. a. How many shirts will David have to press to break even? b If David cuts his price to $0.99 a shirt, he expects to be able to stabilize his customer base at 250 shirts per day. How long would it take to break even at the reduced price of $0.99? Should David cut his price and buy the new press?