MERTON TRUCK COMPANY Sol 1 : Given : Selling Price od Model 101 truck : 39000 Selling Price of Model 102 truck : 38000 We know‚ Contribution C = SP – VC VC for Model 101 : Direct Material + Direct Labor + Variable Overhead : 24000 + 4000 + 8000 = $36000 VC for Model 102: Direct Material + Direct Labor + Variable Overhead : 20000+ 4500+8500 = $33000 Let no of Model 101 produced be X Let no of Model 102 produced be Y Z= (39000-36000)X + (38000=33000)Y Z=3000X + 5000Y
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CASE PROBLEM 3 : TRUCK LEASING STRATEGY From the information given‚ let X = number of trucks obtained from a short term lease in months Y = number of trucks obtained from the long term lease The monthly fuel costs are $100‚ and current trucks available are 20. Make the total monthly fuel costs of $2‚000. Length of lease | Cost per month ($) | 1 | 4‚000 | 2 | 3‚700 | 3 | 3‚225 | 4 | 3‚040 | The monthly costs for short term leased trucks are as follow‚ the calculation below include
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of food trucks have started a craze around schools in Southern California. Because of the popularity that the food trucks bring to the community‚ public schools have began to ask for a small fee or small donation to have them locate in the school’s parking lots. The fee or the donation that the trucks pay‚ is by no means expensive‚ but the money quickly adds up. Normally‚ the trucks would pay anywhere around fifty to sixty dollars‚ but the money quickly adds up. The money that the trucks pay helps
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EPGP-05-130 Merton Truck Company Top Management of Merton Truck Company is planning to revisit the current product mix of the company involving two models of trucks M101 and M102 as the President of the company feels that M101 truck is not contributing to company’s profit. She also feels that purchasing engines from an outside supplier may be a good option as it eases the capacity problem in the engine assembly department. Manufacturing of the trucks are carried out in a three stage
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The U.S. has a significant numbers of commercial trucks driving consistently through various states every day‚ thus it is no shock that these trucks are at times caught up in vehicular accidents. A lot of these automotive crashes are not a result of these commercial truck drivers but rather‚ they were started by other neglectful drivers. Considering that cruising continuously as of late can be unsafe‚ it is always necessary that you carry out safety practices in order to avoid such incidents. Here
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English 101 12 Dec 12 The Best American Truck Trucks are a necessity for many Americans. Trucks serve many purposes such as using them for work‚ customizing them for show‚ or tuning them for a sportier ride. The truck that has shown to be the best in its class would have to be the Ford F250 Super Duty. This truck has the appearance of a hard working truck‚ is built the toughest to handle anything in its path‚ and is the safest truck on the market. Ford trucks were specifically designed to be tough
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There are also ways to go to those places‚ such as in cars‚ planes‚ trucks or trains. People from our society do not have much money to buy those expensive machines‚ trains nor planes. Today´s generation merits enough to buy cars or trucks depending on what is going to be the purpose of it. No everyone likes the same type of transportation‚ but most of them like cars more than trucks. In this essay there will be comparing car vs trucks and how they are alike in the interior‚ exterior and the engine.
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Bringing the Food Truck Revolution to Goa The mobile food industry has seen a massive resurgence‚ especially in big urban areas in the west. From their kitchens-on-wheels‚ they’re serving everything from sandwiches to gourmet cupcakes to cuisines from all over the world. And customers are gobbling it up. The new breed of mobile trucks sport vibrant colours and branding imagery. They are also tech and social media savvy‚ often using Twitter and Facebook to announce their locations. Many are owned
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Jennifer Collins Ent 1000 3-20-2013 Industry Paper Food Truck vs. Organic Trucks The street food trend has been a growing industry nationwide. According to American City Business Journal of Orlando‚ Fl.‚ “more than 3‚000 street vendors made $1.3 billion in revenue in 2010‚ a 12.7% jump from the revenue from the prior year. The average startup cost of a food truck is only about $5‚000-50‚000 and the yearly profit potential can be anywhere from $100-250‚000 per year.” The list of costs for startup
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MERTON TRUCKS COMPANY Keeping 3000$ and 5000$ as unit contributions respectively for Model 101 and Model 102 trucks‚ formulate the Merton’s product mix decision problem using LP. Present the LP problem in the standard form including all the details and units. Using solver‚ find the optimal product mix of these two trucks? What is the optimum total contribution that Merton can obtain? Tabulate‚ the optimality range for the decision variable coefficients and comment what will happen if the current
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