Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. calulator problem 4-11 (algorithmic) edwards manuf

Calulator Problem 4-11 (Algorithmic) Edwards Manufacturing Company purchases two component parts from three different suppliers....

70.2K

Verified Solution

Question

Accounting

image
Calulator Problem 4-11 (Algorithmic) Edwards Manufacturing Company purchases two component parts from three different suppliers. The suppliers have limited capacity, and no one supplier can meet all the company's needs. In addition, the suppliers charge different prices for the components. Component price data (in price per unit) are as follows: Supplier Component $10 $14 $13 $12 $12 $12 Each supplier has a limited capacity in terms of the total number of components it can supply. Howewer, as long as Edwards provides sufficient advance orders, each supplier ordered is within its capacity. Supplier capacities can devote its capacity to component 1, component 2, or any combination of the two comoonents, if the total number of units are as follows: Supplier Capacity 550 1025 800 If the Edwards production plan for the next period includes 1050 units of component 1 and B00 units of component 2, what purchaseu do you units of each component should be ordered from each supplier 7 Round your answers to the nearest whole number Supplier Component1 Component 2 s the total purchase cost for the components? Round your answer to the nearest dollar Next Check Hy Work 3 more Check My Work uses remainng for Grading

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students