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An electronics firm produces two models of pocket calculators: the A-100 (A) ,which is an inexpensive four-function calculator,and the B-200 (B) ,which also features square root and percent functions.Each model uses one (the same) circuit board,of which there are only 2,500 available for this week's production.Also,the company has allocated a maximum of 800 hours of assembly time this week for producing these calculators,of which the A-100 requires 15 minutes (.25 hours) each,and the B-200 requires 30 minutes (.5 hours) each to produce.The firm forecasts that it could sell a maximum of 4,000 A-100's this week and a maximum of 1,000 B-200's.Profits for the A-100 are $1.00 each,and profits for the B-200 are $4.00 each.What is the assembly time constraint (in hours) ?
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The legal right of a company's minority shareholders to have their shares appraised and to receive monetary compensation in the event of certain corporate actions, like mergers.
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Shareholders who do not agree with certain corporate actions, such as mergers or acquisitions, and are legally entitled to be bought out by the corporation under specific conditions.
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