Many young professionals believe that they will be evaluated entirely on whether the numbers are right and this is simply not true. The report should be written clearly, concisely, and accurately.

A report (MS-Word document) to management describing your objective and production plan.Computer output of your solution and ranging from POM-QM.This should include a description of the decision variables and an explanation of the objective function and constraints. A complete algebraic formulation of the linear programming model.To maximize the contribution to profit from December production, (revenues to be received – variable production costs), what should GoodBuy produce during December?ġ – Accounts receivable is money owed to GoodBuy by customers who have previously purchased GoodBuy products.Ģ – Value of Deceminventory = 30(100) + 40(100) = $7000. To maintain its current favorable credit status, GoodBuy’s bank requires that the current ratio at the beginning of January be at least 2. GoodBuy’s management has decided that the cash balance on Janumust be at least $4000. On January 1, 2009, GoodBuy will receive a shipment of raw material worth $2000, which will be paid for on February 1, 2009. During December, GoodBuy will collect $2000 in accounts receivable, and GoodBuy must pay off $1000 of the outstanding loan and a monthly rent of $1000. All sales are on credit, however, and payment for goods produced in December will not be received until February 1, 2009. Demand is large enough to ensure that all goods produced will be sold. GoodBuy must determine how many cell phones and recorders should be produced during December. GoodBuy’s asset/liability ratio (called the current ratio) is 20,000/10,000 = 2. On the same date, the company’s balance sheet is as shown in the table below. On December 1, 2008, GoodBuy has available raw material that is sufficient to manufacture 100 cell phones and 100 recorders. The per-unit labor costs, raw material costs, and selling price of each product are given below. is a small electronics company that manufactures cell phones and digital recorders.

Pom qm for android