Diamond Plywood,Inc

question 48

Multiple Choice

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 tropical plywood panels?

• A)$7,400.00
• B)$3,600.00
• C)$6,640.00
• D)$7,950.00

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Definitions:

Formal Hierarchy

An organized structure where individuals or groups are ranked one above the other according to status or authority.

Equity Allocation

Equity allocation in negotiations refers to the process of distributing resources, rights, or responsibilities among parties in a manner deemed fair or equitable.

Magnitude

The size, extent, or importance of something.

Contribution

The act of giving or supplying something (such as knowledge, materials, or effort) towards a common goal or project.