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Category > Business & Finance Posted 28 May 2017 My Price 6.00

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

 

  1. Greenville Cabinets received a contract to produce speaker cabinets for a major speaker manufacturer. The contract calls for the production of 3300 bookshelf speakers and 4100 floor speakers over the next two months, with the following delivery schedule:

 

 

Model

Bookshelf

 

Month 1

2100

 

Month 2

1200

Floor

1500

2600

 

Greenville estimates that the production time for each bookshelf model is 0.7 hour and the production time for each floor model is 1 hour. The raw material costs are $10 for each

 

bookshelf model and $12 for each floor model. Labor costs are $22 per hour using regular production time and $33 using overtime. Greenville has up to 2400 hours of regular pro- duction time available each month and up to 1000 additional hours of overtime available each month. If production for either cabinet exceeds demand in month 1, the cabinets can be stored at a cost of $5 per cabinet. For each product, determine the number of units that should be manufactured each month on regular time and on overtime to minimize total production and storage costs.

 

 

 
 

Answers

Alpha Geek
(8)
Status NEW Posted 28 May 2017 06:05 AM My Price 6.00

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file 1495952530-Answer.docx preview (315 words )
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