Ask Question, Ask an Expert

+1-415-315-9853

info@mywordsolution.com

Ask Basic Finance Expert

Forbelt Corporation has one-year contract to provide motors for all refrigerators created by Ice Age Corporation. Ice Age manufactures the refrigerators at 4 locations around country:  Boston, Dallas, Los Angeles (LA), and St. Paul (SP). Plans call for the following number (in thousands) of refrigerators to be produced at each location:

Boston – 50K     Dallas – 70K     LA – 60K SP – 80K

Forbelt’s 3 plants are able of producing the motors. Plants and production capacities (in thousands) are:

Denver – 100k     Atlanta – 100     Chicago – 150

As of varying production and transportation costs, profit that Forbelt earns on each lot of 1000 units depends on which pant produced lot and which destination it was shipped to. Following table gives  accounting department estimates of profit per unit (shipments will be made in lots of 1000 units):

Shipped To

Produced At    Boston    Dallas    Los Angeles    St. Paul
Denver               7          11           8                  13
Atlanta              20         17          12                 10
Chicago             8           18          13                16

With profit maximization as the criterion, Forbelt’s management wishes to find out how many motors must be produced at each plant and how many motors must be shipped from each plant to each destination.

a) Develop a network representation of the model.

b) Find the optimal solution.

Basic Finance, Finance

  • Category:- Basic Finance
  • Reference No.:- M914937

Have any Question? 


Related Questions in Basic Finance

1 what are time-series research designs and how are they

1. What are time-series research designs, and how are they used to learn about changes in behavior over time? 2. What types of independent variables can be used in participant-variable research designs, and what conclusi ...

The following financial information is for a galler company

The following financial information is for A. Galler Company for 2011, 2010, and 2009 Required a. For 2011, 2010, and 2009, determine the following: 1. Return on assets (using end-of-year total assets) 2. Return on inves ...

1 why do adjustable rate mortgages arms seem to be a more

1. Why do adjustable rate mortgages (ARMs) seem to be a more suitable alternative for mortgage lending than PLAMs? 2. List each of the main terms likely to be negotiated in an ARM. What does pricing an ARM using these te ...

Locate a newspaper or magazine article that reports a

Locate a newspaper or magazine article that reports a behavioral science research project. a. Determine whether the project is a descriptive, a correlational, or an experimental research design. b. What variables are mea ...

1 describe integrative management be specific concerning

1. Describe "integrative management." Be specific concerning the relationship between functionality and process. 2. In terms of enterprise extension, describe the importance of the information sharing and process special ...

Describe the fundamental difference between a

Describe the fundamental difference between a within-subjects design and a between-subjects design for an experiment comparing three treatment conditions.

Analyze1foreign stockasamsung electronics ltd korean stock

Analyze: 1. Foreign Stock a. Samsung Electronics LTD. (Korean Stock Exchange) b. Focus on phone explosions *Monitor their performance throughout the semester (begin: 9/15/2016, end: 12/2/2016), reflecting on the performa ...

You borrow 75000 for 30 years at 11 interest compounded

You borrow $75,000 for 30 years at 11% interest compounded annually. 1. The value of the property is $100,000, PGI= $20,000, vacancy rates are 8%, and operating expenses are $81,000. 2. Calculate the annual debt service. ...

Suppose the current exchange rate for the polish zloty is z

Suppose the current exchange rate for the Polish zloty is Z 2.36. The expected exchange rate in three years is Z 2.63. What is the difference in the annual inflation rates for the United States and Poland over this perio ...

Beta electronics is considering the purchase of testing

Beta Electronics is considering the purchase of testing equipment that will cost $633,000 to replace old equipment. Assume the new equipment will generate before-tax savings of $281,000 over the four years. The new equip ...

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Section onea in an atwood machine suppose two objects of

SECTION ONE (a) In an Atwood Machine, suppose two objects of unequal mass are hung vertically over a frictionless

Part 1you work in hr for a company that operates a factory

Part 1: You work in HR for a company that operates a factory manufacturing fiberglass. There are several hundred empl

Details on advanced accounting paperthis paper is intended

DETAILS ON ADVANCED ACCOUNTING PAPER This paper is intended for students to apply the theoretical knowledge around ac

Create a provider database and related reports and queries

Create a provider database and related reports and queries to capture contact information for potential PC component pro

Describe what you learned about the impact of economic

Describe what you learned about the impact of economic, social, and demographic trends affecting the US labor environmen