Examlex

Solved

Commonwealth Dry Cleaners Has 400 Hours a Week Available to Use

question 9

Essay

Commonwealth Dry Cleaners has 400 hours a week available to use in dry cleaning or laundry. Four thousand inches of hanging space is available. The average item that is dry cleaned takes six inches of hanging space, whereas laundry items take up only three inches of hanging space. The contribution margin for laundry items averages $3.50; dry cleaned items average $6.50. Fifty items can be washed per hour, whereas only twenty can be dry cleaned.
Required:
a.Determine the objective function. Is it a minimization or maximization function?
b.Set up the constraint equations.


Definitions:

Business Behavior

The actions and decisions by a business in relation to its market environment, including ethics, strategy, and interaction with stakeholders.

Socioeconomic

Relating to or concerned with the interaction between social and economic factors.

Trespass to Land

An unlawful intrusion or occupation of someone's property without permission, which can result in civil legal action.

Trespass to Personal Property

The unlawful taking or harming of another’s personal property; interference with another’s right to the exclusive possession of his or her personal property.

Related Questions