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Ryan Corporation manufacturers four products; A. B. C. D. Sales Price per unit:

ID: 2489019 • Letter: R

Question

Ryan Corporation manufacturers four products;

     
                                         A.         B.        C.        D.
Sales Price per unit:   $300   $250   $350   $500
Variable Cost per unit: 170     130      210     330
Machine Hrs. per unit: 5          3         4          6
Periodic Demand in un: 300     500    800     250

If Ryan corporation has a monthly manufacturing capacity of 5,431 machine hours per period, how many units of each product should Ryan produce in order to maximize operations efficiency?

Show all work please.

Explanation / Answer

Product A B C D Sales price 300 250 350 500 Less Variable cost 170 130 210 330 Contribution per unit 130 120 140 170 Machine hours per unit 5 3 4 6 contribution per machine hour 26 40 35 28.33333 Highest contribution from B C Contribution per machine hour 40 35 Machine hours per unit 3 4 Periodic demand per unit 500 800 Machine hours required 1500 3200 4700 Total machine hours avaialble 5431 Machine hours used in B 1500 C 3200 Balance hours available 731 After prifducing maximum units of B and C , Product D should be produced from balance hours available Balance hours availabe 731 Machine hours required per unit of D 6 Number of units produced 121.8333 Number of units produced ( rounded off) 122 Hence number of units produced B 800 C 500 D 122