Ask Question, Ask an Expert

+1-415-315-9853

info@mywordsolution.com

Ask Management Theories Expert

Harkin Electronics is planning its production next quarter for its two product lines: relays and capacitors. The profit contribution is $250 for a case of relays and $200 for a case of capacitors.  Three resources limit how much of each product the company can generate: labor, stamping capacity and testing capacity. Next quarter 80,000 labor hours will be available; a case of relays needs 200 labor hours and a case of capacitors needs 150. The stamping machine will be available for 1,200 hours next quarter and a case of relays needs 4 hrs on the stamping machine and a case of capacitors requires 2 hrs. Relays need 3 hours of testing per case and capacitors need 5. The testing machine will be accessible for 2,000 hrs next quarter.

a) Answer the given problems:

• For which resources, would you consider providing additional units? Why?

• If you excluded a resource, why did you prohibit it?

• For those resources for which you would add additional units, what is the range on the right-hand side values for the shadow prices to remain applicable?

b) Now assume that there is a requirement that Harkins must generate at least 40% cases of relays. Resolve below with this additional information.

• To maximize the total profit next quarter, how many cases of relays and capacitors must Harkin Electronics generate during that period? If your answer is in fractional units of cases that are acceptable – do not round to whole number of cases.

• How much profit will outcome?

Management Theories, Management Studies

  • Category:- Management Theories
  • Reference No.:- M91755

Have any Question? 


Related Questions in Management Theories

1 public relations pr are the practice of good-quality

1. Public relations (PR) are the practice of good-quality communication between a company and the public. Conduct research to locate an effective example of public relations and an ineffective example of PR. Provide your ...

Prepare a microsoft powerpoint presentation imagining that

Prepare a Microsoft PowerPoint presentation imagining that you are part of a consulting firm hired by P&G. Your task is to help Mr. Lafley sharpen P&G's strategic position. In your presentation include the following info ...

1 explain the following termsstrategic planningcustomer

1. Explain the following terms: Strategic Planning Customer Focus 2. What are the three theories of discrimination. List all three under Title VII of the civil rights act? 3. Explain Job analysis and Job description in y ...

Case study assignment -problem statement you need to

Case Study Assignment - Problem Statement: You need to consider how you will identify the range of issues and problems in the following problem statement. Boutique Hotel Company (BHCo) Please Note: This problem statement ...

You have just been promoted from front-line supervisor to

You have just been promoted from front-line supervisor to be one of the firm's senior managers. During your business education, you learned that the primary role of a manager is to make good decisions. As a supervisor, y ...

Global supply chain managementquestion what economic

Global Supply Chain Management Question: What economic arguments can be made for and against environmental sustainability initiatives? What economic arguments can be made for and against social sustainability initiatives ...

Written report - individual assessmentpurpose this

Written Report - individual assessment Purpose: This assessment is designed to reinforce the subject content and develop students' skills and application of knowledge of the subject content to business situations. Topic: ...

The fine garments company sells fashion clothing the

The Fine Garments Company sells fashion clothing. The forecasted annual demand for their premium leather jacket is 2,000. The order-processing cost per order is $40, and the inventory holding cost is $35/item/year. How m ...

Supply chain integrationthe tui session long project is not

Supply Chain Integration The TUI session long project is not a term paper due at the end of the course. Rather, the SLP acts as a vehicle to give the topics of each module a personal, concrete expression. These modular s ...

Task 1in task 1 answer each section with brief factual and

Task 1 In Task 1 answer each section with brief, factual and concise statements. 1 Prepare a detailed flow chart illustrating the process of quality control that is employed within your area of responsibility. Include no ...

  • 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