Sklenka Skis

Data

Department Jordanelle Deercrest Limitation (min.)

Fabrication 3.50 4.00 84.00

Finishing #NAME? #NAME? 21.00

Profit/unit 50.00$ 65.00$

Model

Jordanelle Deercrest

Quantity Produced 4.84 9.67 Hours Used

Fabrication 16.93 38.69 55.62

Finishing #NAME? #NAME? #NAME?

Excess Deercrest

Market mixture 0

Total Profit

Profit Contribution 241.84$ 628.78$ 870.62$

Product

Decision Variables: How many of each type of desk to produce

Objective: Maximize Profit

Constraints: Availability of pine

Availability of oak

Availability of labor

Standard Deluxe

Numbers Produced - 22.21 TOTAL PROFIT

Unit Profit 150.00$ 320.00$ 7,106.48$

Required Pine 80 60 1,332.46 <= 5000

Required Oak 0 18 399.74 <= 750

Required Labor #NAME? #NAME? #NAME? <= 400

TOTAL PROFIT

units available

units available

hours available

EOQ

DATA

Annual Demand Rate #NAME?

Ordering Cost 200.00$

Unit Cost 22.00$

Carrying Charge Cost 0.2

MODEL

Order Quantity 1,167.70

Annual Demand Rate #NAME?

Ordering Cost 200.00$

Order Cost #NAME?

Carrying Charge Cost 0.2

Unit Cost 22.00$

Inventory Cost 2,568.94$

TOTAL COST #NAME?

Lead Time 0.0192

Lead Time Demand #NAME?

Reorder Point 288.00

EOQ

DATA

Annual Demand Rate #NAME?

Ordering Cost 50.00$

Unit Cost 3.95$

Carrying Charge Cost 15%

MODEL

Order Quantity 3,182.23

Annual Demand Rate #NAME?

Ordering Cost 50.00$

Order Cost #NAME?

Carrying Charge Cost 0.15

Unit Cost 3.95$

Inventory Cost 942.74$

TOTAL COST #NAME?

Lead Time 0.0192 Assumed (In Years)

Lead Time Demand #NAME?

Reorder Point 1,260.00 Answer to Part c

INNIS INVESTMENTS

DATA

Expected

FUND Return Risk Measure Maximum

1 Low Priced Stock #NAME? 10.57 200,000.00$

2 MultiNational #NAME? 13.22 200,000.00$

3 Mid Cap #NAME? 14.02 200,000.00$

4 Mortgage #NAME? 2.39 200,000.00$

5 Income Equity #NAME? 9.30 200,000.00$

6 Balanced #NAME? 7.61 200,000.00$

Investment 500,000.00$

Target Return 5%

Inc. Eq. + Balanced 200,000.00$

MODEL

FUND Amount Invested

1 Low Priced Stock -

2 MultiNational 50,000.00

3 Mid Cap -

4 Mortgage 200,000.00

5 Income Equity 66,371.68

6 Balanced 183,628.32

TOTAL 500,000.00

TOTAL

Risk 6.31

Weighted Return #NAME?

Inc Eq + Balanced 250,000.00$

Expected

Minimum Return S.D.

8.13% 0.81%

50,000.00$ 9.02% 0.90%

7.56% 0.76%

3.62% 0.36%

7.79% 0.78%

50,000.00$ 4.40% 0.44%

Decision Variables: How much money to invest in each stock

Objective: Maximize total return

Constraints: Total investment money available

A B C

Shares Purchased 100.00 - -

Unit Return #NAME? #NAME? #NAME?

9.60$ 5.60$ 9.60$

14.40$ 8.40$ 14.40$

Price Per Stock 25.00$ 15.00$ 40.00$ 2500 <=

TOTAL RETURN

#NAME?

2,500.00$ units available

1-BD 2-BD 3-BD

Number to build 40.45 67.42 161.80

Unit Profit #NAME? #NAME? #NAME? #NAME?

Budget #NAME? #NAME? #NAME? #NAME?

Total Units Possible 1 1 1 269.66

1 BD Req 0.85 -0.15 -0.15 0.00

2 BD Req -0.25 0.75 -0.25 -

3 BD Req -0.25 -0.25 0.75 94.38

Construction Cost

Mean 450.00$ 600.00$ 750.00$

S.D. 67.50$ 90.00$ 112.50$

TOTAL PROFIT

<= 180,000.00$ (in thousands)

<= 325 (=40.625 * 8)

>= 0

>= 0

>= 0