Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Business Management Expert

Green VehicleInc., manufactures electric cars and small delivery trucks. It has just opened a new factory where the C1 car and the T1 truck can both be manufactured. To make either vehicle, processing in the assembly shop and in the paint shop are required. It takes 1/30 of a day and 1/75 of a day to paint a truck of type T1 and a car of type C1 in the paint shop, respectively. It takes 1/45of a day to assemble either type of vehicle in the assembly shop. A T1 truck and a C1 car yield profits of $275 and $220,respectively, per vehicle sold.The aim of the objective function for Green Vehicle Inc. should be to Maximize the objective value. Decision variables:T=number of trucks to be produced per day C=number of cars to be produced per day

Business Management, Management Studies

  • Category:- Business Management
  • Reference No.:- M92069349
  • Price:- $10

Priced at Now at $10, Verified Solution

Have any Question?


Related Questions in Business Management

1 written report - annotated bibliographythis is the major

1. Written Report - Annotated Bibliography This is the major piece of work for this course and as such, should satisfy the following criteria: - A company should an Australian company. - Demonstrate understanding of the ...

Give an example of a table that is not in first normal form

Give an example of a table that is not in first normal form. Explain how it violates first normal form and what could be done to correct it. Give an example of a table that is in first normal form but not in second norma ...

Forced distribution modelin the forced distribution model

Forced Distribution Model In the forced distribution model, employees are ranked such that supervisors are forced to separate them into categories of performance. This eliminates the common rater error of "central tenden ...

The organizational analysis will utilize a minimum of five

The organizational analysis will utilize a minimum of five external, What is the organization and how would you describe it? Who are the leaders of the organization? Is the organization successful? How do you determine w ...

What are common components of career management

What are common components of career management systems?

What are some of the recent issues with ways to calculate

What are some of the recent issues with ways to calculate cost objective for direct material, direct labor, other direct costs, indirect costs, facilities cost of money, and profit/fees? How do we use these calculations ...

The presidents basic problem in my opinion is that she is

"The president's basic problem, in my opinion, is that she is too unemotional. She makes all her decisions on cold logic and seems to ignore the human dimension. If you don't believe me, I offer as proof the way she with ...

Elasticities of demand anbspif the quantity demanded 600 -

Elasticities of Demand. A. If the quantity demanded = 600 - 0.75 P Price - $220. Is demand elastic or inelastic at this price? B. If the quantity demanded for product W is 190 units when the average weekly income is $880 ...

1 what is an entrepreneur and how is the entrepreneur

1. What is an entrepreneur? and How is the entrepreneur different from the inventor, promoter, and administrator? 2. What is intrapreneurship? and How can it be enabled in an organization?

Long-term objectives are defined as the result a firm seeks

Long-term objectives are defined as the result a firm seeks to achieve over a specified period, typically five years. Any long-term objectives should be flexible, measurable over time, motivating, suitable, and understan ...

  • 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

Why might a bank avoid the use of interest rate swaps even

Why might a bank avoid the use of interest rate swaps, even when the institution is exposed to significant interest rate

Describe the difference between zero coupon bonds and

Describe the difference between zero coupon bonds and coupon bonds. Under what conditions will a coupon bond sell at a p

Compute the present value of an annuity of 880 per year

Compute the present value of an annuity of $ 880 per year for 16 years, given a discount rate of 6 percent per annum. As

Compute the present value of an 1150 payment made in ten

Compute the present value of an $1,150 payment made in ten years when the discount rate is 12 percent. (Do not round int

Compute the present value of an annuity of 699 per year

Compute the present value of an annuity of $ 699 per year for 19 years, given a discount rate of 6 percent per annum. As