Greenville Cabinets received a contract to produce speaker cabinets for a major speaker manufacturer. The contract...

60.1K

Verified Solution

Question

Basic Math

Greenville Cabinets received a contract to produce speakercabinets for a major speaker manufacturer. The contract calls forthe production of 4,100 bookshelf speakers and 4,900 floor speakersover the next two months, with the following delivery schedule:

ModelMonth 1Month 2
Bookshelf2,5001,600
Floor1,9003,000

Greenville estimates that the production time for each bookshelfmodel is 0.8 hour and the production time for each floor model is 1hour. The raw material costs are $14 for each bookshelf model and$16 for each floor model. Labor costs are $26 per hour usingregular production time and $37 using overtime. Greenville has upto 2,800 hours of regular production time available each month andup to 1,400 additional hours of overtime available each month. Ifproduction for either cabinet exceeds demand in month 1, thecabinets can be stored at a cost of $9 per cabinet. For eachproduct, determine the number of units that should be manufacturedeach month on regular time and on overtime to minimize totalproduction and storage costs. If required, round your answers tothe nearest whole number. If an amount is zero, enter "0".

Regular Time Manufacture
ModelMonth 1Month 2
Bookshelf______________
Floor______________
Overtime Manufacture
ModelMonth 1Month 2
Bookshelf______________
Floor______________

Please fill out all the blanks! Thank you!!!

Answer & Explanation Solved by verified expert
3.8 Ratings (469 Votes)
B1R Quantity of bookshelf speakers produced using regular timelabor in month 1B2R Quantity of bookshelf speakers produced using regular timelabor in month 2F1R Quantity of floor speakers produced using regular timelabor in month 1F2R Quantity of floor speakers produced using regular timelabor in month 2B1O Quantity of bookshelf speakers produced using overtimelabor in month 1B2O Quantity of bookshelf speakers produced using overtimelabor in month 2F1O Quantity of    See Answer
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