AQ2016 MDCL - Sample Assessment 2 Question 8 (a)
Jon
Registered Posts: 8
I keep getting 1784.99 for the maximum profit and the answer is showing 1785... it says show answers to two decimal places - help?
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Comments
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Maximum profit resulting from optimal plan would be:
Cost per unit x units optimal plan for every product X Y Z in total in £2540
less Fixed cost per unit x sales demand
0.43 x 407 for prod. X
0.50 x 600 for Y
0.70 x 400 for Z
so 2540 - 755 = 17850 -
I know so 0.43 x 407 = 175.01
0.5 x 600 = 300
0.7 x 400 = 280
175.01 + 300 + 280 = 755.01
2540-755.01 = 1784.990 -
I was suck with this question too but the exam was much harder than this. It is helpful though cheers0
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This still hasn't been answered! Lol0
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oh sorry I thought it has. I didnt pay much attention to the answer lol! have you done this exam yet?0
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hi, how did you get the figure for production per unit 200 , 600, 400 ?0
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the fixed cost for product x is not £0.43 per unit, is £0.875 because we are producing 200 units and not 407 so 0.43*407=175.01/200=0.875.0
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how to calculate $2540?
anyone can explain that calaculation?
Maximum profit resulting from optimal plan would be:
Cost per unit x units optimal plan for every product X Y Z in total in £2540
less Fixed cost per unit x sales demand
0.43 x 407 for prod. X
0.50 x 600 for Y
0.70 x 400 for Z
so 2540 - 755 = 17850
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