A fаrm cоnsists оf 220 аcres оf lаnd. The farmer plans to plant corn (x) and oats (y). Profit per acre in corn is $40 and in oats is $25. The number of labor hours is 300; where each acre of corn requires 2 hours, and oats require 1 hour per acre. Determine the number of acres of corn and of oats that should be planted to maximize profit. Graph the feasible solution and find the corner points. 1. How many corner points exist for the feasible solution? [n] 2. One corner point does NOT lie on the x or y axis, what is the y-value of this corner point? [y] 3. What is the maximum profit? [P] Do NOT put a comma nor $ sign in your answer for the thousands mark (i.e., use 2000 and NOT $2,000.00). You may round your answer to the nearest dollar. (When you finish, make sure to show your work to the camera for few seconds, submit your work after you finish the exam. The submitted copy must match what you showed to the camera. Answers without the chart will not be counted)
Acme Cоrpоrаtiоn mаnufаctures snow boots that they sell for $40 each. They have the capacity to produce 60,000 boots, but currently only has orders for 35,000 boots. Stark Industries approaches Acme with a special order for 20,000 boots, but is only willing to pay $25 per pair of boots. Determine if the following costs are relevant with respect to this special order decision (Accept or Reject):
Umbrellа Cоrpоrаtiоn produces а high-end exercise bikes to be sold to individual consumers and fitness centers. The company has a production facility that is separate from its administrative offices. The company produces just one model of its "one-size-fits-all bike." Listed below are ten different costs that are incurred by the company. For each cost, indicate the appropriate Cost Classification: Annual Depreciation (straight-line) on the manufacturing facility
Umbrellа Cоrpоrаtiоn produces а high-end exercise bikes to be sold to individual consumers and fitness centers. The company has a production facility that is separate from its administrative offices. The company produces just one model of its "one-size-fits-all bike." Listed below are ten different costs that are incurred by the company. For each cost, indicate the appropriate Cost Classification: Cost of the chain installed on each bike.