Use the Table Below to Answer the Following Questions) Use a Linear Optimization Model Based on the Data to Luthiers

question 41

Multiple Choice

Use the table below to answer the following questions) .
Pickson Luthiers Corporation makes four models of electric guitars, ScarCT, Dela Mort, Warax, and Invazen. Each guitar must flow through five departments, assembly, painting, sound testing, inspection, and packaging. The table below shows the relevant data. Production rates are shown in units/hour. ScarCT is assembled elsewhere) . Pickson wants to determine how many guitars to make to maximize monthly profit. $\begin{array} { |l|l|l|l|l|l| } \hline \begin{array} { l } \text {Pickson Luthiers }\\ \text {Corporation }\\\end{array}\\\hline\\\hline \text {Data}\\\hline \text { Guitar Model } & \begin{array}{l}\text { Selling } \\\text { price/Unit }\end{array} & \begin{array}{l}\text { Variable } \\\text { cost/Unit }\end{array} & \text { Min Sales } & \text { Max Sales } \\\hline \text { ScarCT } & 750.00 & 660.00 & 0 & 2500 \\\hline \text { Dela Mort } & 788.00 & 680.00 & 0 & 2000 \\\hline \text { Warax } & 800.00 & 700.00 & 100 & 1000 \\\hline \text { Invazen } & 850.00 & 800.00 & 80 & 500 \\\hline\\\hline \begin{array}{l}\text { Production rates } \\\text { units/hour) }\end{array} & \text { ScarCT } & \text { Dela Mort } & \text { Warax } & \text { Invazen } & \begin{array}{l}\text { Hours } \\\text { Available }\end{array} \\\hline \text { Assembly } & - & 35 & 25 & 20 & 220 \\\hline \text { Painting } & 35 & 20 & 15 & 10 & 220 \\\hline \text { Sound Testing } & 20 & 10 & 20 & 18 & 220 \\\hline \text { Inspection } & 10 & 12 & 8 & 5 & 220 \\\hline \text { Packaging } & 9 & 10 & 5 & 8 & 220\\\hline\end{array}$
Use a linear optimization model based on the data to answer the following question.
-According to the linear optimization model, what is the total number of ScarCTs produced?

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Definitions:

Cash Balance

The amount of cash held by a company at a given point in time.

Minimum Cash Balance

The lowest amount of cash that a company aims to hold in its bank accounts at any time to meet routine operational expenses.

Cash Receipts

Money received by a business, including payments from customers, cash sales, and other sources of income.

Budgeted Beginning

The initial planned value or quantity for financial accounts or inventory levels at the start of a budget period.