The Constraint at Trump Inc Required:
A

question 106

Essay

The constraint at Trump Inc.is an expensive milling machine.The three products listed below use this constrained resource.
$$\begin{array} { | l | r | r | r | } \hline & \mathbf { 9 P } & \mathbf { 8 L } & \mathbf { 7 N } \\\hline \text { Selling price per unit } & \$ 404.58 & \$ 478.74 & \$ 358.44 \\\hline \text { Variable cost per unit } & \$ 308.88 & \$ 371.30 & \$ 285.36 \\\hline \begin{array} { l } \text { Time on the constraint } \\\text { (minutes) }\end{array} & 6.60 & 7.90 & 5.80 \\\hline\end{array}$$
Required:
a.Rank the products in order of their current profitability from the most profitable to the least profitable.In other words,rank the products in the order in which they should be emphasized.Show your work!
b.Assume that sufficient constraint time is available to satisfy demand for all but the least profitable product.Up to how much should the company be willing to pay to acquire more of the constrained resource?

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Definitions:

Explicit Attitudes

Clearly expressed or openly declared views or opinions that one is consciously aware of holding.

Consciously Aware

The state of being fully alert, aware, and attentive to one's surroundings and internal states or processes.

Mental Structure

The organization and arrangement of cognitive processes and elements within the human mind.

Schema

A cognitive framework or concept that helps organize and interpret information, shaping the way we perceive the world.