Diamond Plywood, Inc., manufactures four types of plywood panels. Each product must go through the following operations: patching, grading, gluing, and baking. The time in hours required for each operation for each panel, the total capacity available for each these operations in a given month, as well as the minimum production requirements and the profit contributions per panel are given in the following table. Based on this information, at the optimal production point what is the profit from hardwood plywood panels?
a. $7,400.00
b. $1,800.00
c. $6,640.00
d. $7,950.00
b. $1,800.00
You might also like to view...
Answer the following statements true (T) or false (F)
1. The first step in planning an effective presentation is preparing the introduction. 2. The best way to ensure clarity in a presentation is to write a detailed outline. 3. Many presentations are delivered poorly, but they succeed because the speakers anticipate their audience’s reaction. 4. Although the speaker may know the audience well, a thorough analysis is still necessary.
Most quality-of-work-life efforts have the goal of
A. humanizing the workplace. B. reduced interpersonal conflict. C. strengthened competitive advantage. D. increasing the quality of the work performed. E. decreasing expenses and waste on the job.
The statement of cash flows helps analysts evaluate all but which of the following?
A. Ability of the company to generate profit. B. Differences between net income and net operating cash flow. C. Source of cash used for debt repayments. D. Source of cash used for plant expansion. E. Source of cash used to finance investing activities.
Order taking can be done via
A) EDI, EDI/Internet, the Internet, or an extranet, and it may be fully automated. B) EDI, EDI/Internet, the Internet, or an extranet. C) EDI, EDI/Internet, or the Internet. D) the Internet or an extranet, and it may be fully automated.