Riesemberg Medical Devices is allocating next year's budget among its divisions. As a result, the R&D Division needs to determine which R&D projects to fund. Each project requires various software and hardware and consulting expenses, along with internal human resources budget allocation of $1,300,000 has been approved, and 35 engineers are available to work on the projects. The R&D group has determined that at most one of projects 2 and 4 should be pursued, and that if project 3 is chosen, then project 2 must also be chosen Develop a model to select the best projects within the budget Click the icon to view the project expected return (NPV), resources, and cost data m
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- Sapphire Farm is a business that trains and boards horses and educates young riders about horse care, nutrition, a product focusand riding. The farm provides both a learning and a fun environment for young equestrians and their families. It also hosts horse shows for beginning riders to help them build confidence in the show ring and to prepare them for local horse shows by running shows in accordance with the rules and regulations of the National Hunter Jumper Association. Feedback from the horseshow judges are provided to all riders so they can do better at their next meet. In addition, all warm-up and training areas are fenced and monitored by adults for the children's safety.According to the service-profit chain, the high-value service offered by Sapphire Farm LLC should lead to: A. congruent market response B. positive framing C. customer autonomy D. customer satisfaction E. a product focusSapphire Farm is a business that trains and boards horses and educates young riders about horse care, nutrition, and riding. The farm provides both a learning and a fun environment for young equestrians and their families. It also hosts horse shows for beginning riders to help them build confidence in the show ring and to prepare them for local horse shows by running shows in accordance with the rules and regulations of the National Hunter Jumper Association. Feedback from the horseshow judges are provided to all riders so they can do better at their next meet. In addition, all warm-up and training areas are fenced and monitored by adults for the children's safety. If the farm unintentionally hired someone to teach riding who was unable to deal effectively with small children, then a _____ would occur. A. service divergence B. quality underperformance C. performance breakdown D. product variation E. customer aberrationProduction and Materials Purchases Budgets White Corporation’s budget calls for the following sales for next year:Quarter 1 90,000 units Quarter 3 68,000 unitsQuarter 2 76,000 units Quarter 4 96,000 unitsEach unit of the product requires 3 pounds of direct materials. The company’s policy is to begineach quarter with an inventory of product equal to 5% of that quarter’s estimated sales requirementsand an inventory of direct materials equal to 20% of that quarter’s estimated direct materials requirements for production.Required Determine the production and materials purchases budgets for the second quarter.
- Thomas has eight horses averaging 1,400 pounds. They are on 20 acres of orchard grass and clover. Each year, Thomas applied 30-30-30 units of fertilizer per acre using 46-0-0 urea at $408 per ton, 18-46-0 DAP at $496 per ton, and 0-0-60 muriate of potash at $506 per ton. He reseeded with 10 pounds per acre of orchard grass at $1.19 per pound and 2 pounds per acre of clover at $3.18 per pound. The horses are housed in a barn 34 feet wide with stalls 12 by 12 feet on each side and a 10-foot aisle down the center. He needs at least one fifth of the barn, not including the center, for hay and tack room. What did it cost to fertilize and reseed the pasture? How long must he barn be in even number of feet?Salt & Pepper & Co (Salt & Pepper) is a firm of Chartered Certified Accountants which has seen its revenue decline steadily over the past few years. The firm is looking to increase its revenue and client base and so has developed a new advertising strategywhere it has guaranteed that its audits will minimise disruption to companies as they will not last longer than two weeks. In addition, Salt & Pepper has offered all new audit clients a free accounts preparation service for the first year of the engagement, as it is believed that time spent on the audit will be reduced if the firm has produced the financial statements. The firm is seeking to reduce audit costs and has therefore decided not to update the engagement letters of existing clients, on the basis that these letters do not tend to change much on a yearly basis. One of Salt & Pepper’s existing clients has proposed that this year’s audit fee should be based on a percentage of their final pre-tax profit. The…Investment Manager: Works with the Investment Analyst to decide the number of stocks to be purchased, how much cash to hold and the timing of purchases.
- Comfort-Air produces 3 types (Type 1, Type 2 and Type 3) thermostats for household temperature control. Three limited resources are required for the production. These resources are available time (R1) of a Robotic Insertion Machine (RIM), workforce hours (R2) and certain type of electronic components (R3). Profits generated from each unit of the thermostats are shown in the first row of the following table. The amount of resources required to produce one unit of the thermostats are also given in the table. The last column of the table shows the available amount of the resources. Comfort-Air needs to decide the numbers of thermostats of each type (x,,x, and x,) to produce in order to maximize its total profit. Table: Production Related Data Туре 2 115 Thermostat Туре 1 Туре 3 Available Amount of Profit per unit product Amount of required resources to produce each unit product 80 70 Resource 1840 (hour) 2100 (hour) 3500 (units) R1 5 8 7 R2 4 7 R3 8. 10 12 1) Based on the given…Workshape Manufacturing has two classes of distributors: JIT distributors and non-JIT distributors. The JIT distributor places small, frequent orders, and the non-JIT distributor tends to place larger, less frequent orders. Both types of distributors purchase the same product. The customer activities and costs for the previous quarter are as follows: Activity JIT distributors Non-JIT distributors Sales Orders 500 30 Sales Calls 30 30 Service Calls 200 90 Average Order Size 90 1,400 Manufacturing Cost/Unit $50 $50 Customer Costs: Processing Sales Orders $160,000 Selling Goods $155,000 Servicing Goods $195,000 Total $500,000 Calculate the activity rate for selling goods. (Note: Round answer to two decimal places.) a.$2,200.50 per sales call b.$9,400.60 per sales call c.$3,550.66 per sales call d.$2,583.33 per sales call e.$4,800.40 per sales callThe following data structure and constraints exist for a magazine publishing company:a. The company publishes one regional magazine in each of four states: Florida (FL), South Carolina (SC), Georgia (GA), and Tennessee (TN).b. The company has 300,000 customers (subscribers) distributed throughout the four states listed in Problem 2a.c. On the first day of each month, an annual subscription INVOICE is printed and sent to each customer whose subscription is due for renewal. The INVOICE entity contains a REGION attribute to indicate the customer's state of residence (FL, SC, GA, TN):The company is aware of the problems associated with centralized management and has decided to decentralize management of the subscriptions into the company's four regional subsidiaries. Each subscription site will handle its own customer and invoice data. The management at company headquarters, however, will have access to customer and invoice data to generate annual reports and to issue ad hoc queries such…
- Gunes Corporation uses the weighted-average method in its process costing system. This month, the beginning inventory in the first processing department consisted of 800 units. The costs and percentage completion of these units in beginning inventory were: Cost PercentCompleteMaterials costs $ 10,600 65% Conversion costs $ 12,800 30% A total of 8,500 units were started and 7,400 units were transferred to the second processing department during the month. The following costs were incurred in the first processing department during the month: CostMaterials costs $ 142,100 Conversion costs $ 359,500 The ending inventory was 50% complete with respect to materials and 35% complete with respect to conversion costs. The cost per equivalent unit for conversion costs for the first department for the month is closest to:$44.58$46.16$40.03$48.47If required, round your answers to the nearest whole number. Optimal Solution Units Cost 1-A fill in the blank 34 $ fill in the blank 35 1-B fill in the blank 36 $ fill in the blank 37 1-C fill in the blank 38 $ fill in the blank 39 2-A fill in the blank 40 $ fill in the blank 41 2-B fill in the blank 42 $ fill in the blank 43 2-C fill in the blank 44 $ fill in the blank 45 3-A fill in the blank 46 $ fill in the blank 47 3-B fill in the blank 48 $ fill in the blank 49 3-C fill in the blank 50 $ fill in the blank 51 Total $ fill in the blank 52Tattle Tots makes a fiberglass tricycle for kids that is composed of three major components: a handlebar-front wheel-pedal assembly, a seat, and frame unit, and rear wheels. The company has orders for 12,000 of these tricycles. The company does not have the resources available to manufacture everything needed for the completion of 12,000 tricycles so it has gathered purchase information for each component. The following table shows relevant information: Requirements Cost to Manufacture Cost to Purchase Component Plastic Time Space Front 3 10 2 8 12 Seat/Frame 4 6 2 6 9 Rear-wheel (each) .5 2 .1 1 3 Available 50,000 160,000 30,000 Develop a linear programming model to advise the operations manager of Tattle Tots how many of each component should be manufactured and how many should be purchased in order to provide 12,000 fully completed tricycles at the minimum cost. What is your best…