Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. calculations and steps for b please dont use excel

calculations and steps for b please dont use excel As the...

80.2K

Verified Solution

Question

Accounting

calculations and steps for b please dont use excel
image
As the production manager at "Hot Air Are Us" you make hot air balloons. Your forecasted demand for the next four months is 850, 1,260,510 and 980. You know that during the last 46 days you had 120 employees and you were able to make 1,700 balloons. In the next four months assume that you will have 26, 24, 20 and 16 working days respectively. Currently you have 100 employees and no staring inventory. a) What is the minimum constant workforce required to meet the demand over the next four months? b) If holding cost C of a balloon is $100 per month, cost of hiring Ch is $100 and firing Cris $200 per employee - evaluate the cost of your plan. c) Now you decided to optimize your plan: formulate the problem as a linear programming problem. Show all the values (not symbols) necessary to solve the

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

Q

XYZ Company’s machine was purchased 5 years ago for $55,000. It had an expected life of...

Finance
Q

It is now January 1. You plan to make a total of 5 deposits of $300...

Finance
Q

Natural selection works directly onthe genotype and indirectly on the phenotypethe gene flowthe phenotype and...

Biology
Q

The assets (in billions of dollars) of the four wealthiest people in a particular country...

Statistics
Q

2 X is a normal random variable with probability density function f x given below...

Statistics
Q

Determine the missing coordinates of the points on the graph of the function X X...

Calculus
Q

The following data were available for Inventory Pool No.3 for the two...

Accounting
Q

Materials that become an important component of the finished product and their cost can be...

Accounting
Q

Ivanhoe Company had a beginning inventory balance on July 1 of 350 units at a...

Accounting
Q

5intiplated Emiployee fensions (105,4) maximum amount allensable. Calculate Jemy's contribution. x

Accounting
Q

Explain the impact of uncollected receivables between direct write-off method and allowance method . ...

Accounting
Q

please answer B AND C ALSO (Click on the icon here e in order...

Finance