Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Operation Management Expert

The Acme Class Ring Company designs and sells two types of rings: the VIP and the SST. They can produce up to 24 rings each day using up to 60 total man-hours of labor. It takes 3 man-hours to make one VIP ring, and 2 man-hours to make one SST ring. How many of each type of ring should be made daily to maximize the company's profit, if the profit on a VIP ring is $30 and on an SST ring is $40?

A. List the profit function and the constraints:

B. Graph the feasible region:

C. In this space compute how many of each type of ring should be made and the maximum profit.

D. Using a complete English sentence, answer how many of each type of ring should be made and what is the maximum profit.

Operation Management, Management Studies

  • Category:- Operation Management
  • Reference No.:- M92459271

Have any Question?


Related Questions in Operation Management

1 if you were a private equity specialist what type of

1. If you were a private equity specialist, what type of companies would you look for? 2. Briefly describe the advantages and disadvantages of buying an existing business. 3. Can a project plan can be created without a p ...

1 letrsquos pretend you have to choose a franchise to own

1. let’s pretend you have to choose a franchise to own and run. What would it be? Why? (Note: Please don’t pick one based on size because then everyone would pick McDonalds. Try to be creative? Look on the internet for i ...

Answer the following question analyze the technology

Answer the following Question : Analyze the technology involved in connecting hotels with potential guests and determine a key cause of inefficiency. Make at least one recommendation for addressing the inefficiency you i ...

1 explain the potential impact of digital communications on

1. Explain the potential impact of digital communications on your brand. 2. Evaluation of digital communications includes page views, click through rates and conversion rates. Explain each. 3. Explain 2 strength and 2 we ...

1 think of an occasion when you faced a miscommunication

1. Think of an occasion when you faced a miscommunication problem. What do you think caused the problem? How do you think it should have been handled better? 2. Have you ever not given someone information or opinions tha ...

1 the major purpose of a financial system is toa trade

1. The major purpose of a financial system is to a. trade stocks and bonds. b. regulate banks. c. print money and checks d. match savers with borrowers 2. An office supply store can buy a desk for $100. If the store owne ...

Form an ethical position on the decision of the managers of

Form an ethical position on the decision of the managers of Plainfield Healthcare Center to honor their white patients' requests to be helped only by members of their own race. Consider whether Brenda Chaney was subjecte ...

Social networking sites are fast becoming corporate

Social networking sites are fast becoming corporate resources. Consider how Facebook may be used by an organization. Can you think of different ways in which organizations such as Coca-Cola, KFC, or Bank of America can u ...

1 three employees of martin enterprises have flown to china

1. Three employees of Martin Enterprises have flown to China to meet with potential business partners there. The three employees are in a disagreement about whether to give gifts to the potential partners. James is from ...

The organization in which i work is not fully designed to

The organization in which I work is not fully designed to handle these types of processes but they are slowing progressing toward a more technological system. While the company does have computers, some of their systems ...

  • 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