You process four product types using four resources (Resource A, Resource B, Resource C and Resource D). A product require one day of processing by a resource for each time the resource appears in the routing structure, The routing structure for each product type and the revenue each unit yields upon completion is provided in the table below Routing Revenue per unit Product 1 C-A-D-C 25 Product 2 B-C-A-D 18 Product 3 D-D-C-C 30 Product 4 A-D-B-C 20 If your goal is to maximize the flow of revenue, which products should receive priority (list products in order from highest priority to lowest)? Select one: Oa 4-2-3-1 Ob 3-1-4-2 Oc. 2-4-1-3 d. 4-3-2-1 Oe 1-2-3-4

Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
icon
Related questions
Question
please answer in details within 30 minutes.
You process four product types using four resources (Resource A, Resource B, Resource C and Resource D). A
product require one day of processing by a resource for each time the resource appears in the routing structure, The
routing structure for each product type and the revenue each unit ylelds upon completion is provided in the table
below.
Routing
Revenue per unit
Product 1
C-A-D-C
25
Product 2
B-C-A-D
18
Product 3
D-D-C-C
30
Product 4
A-D-B-C
20
If your goal is to maximize the flow of revenue, which products should receive priority (list products in order from
highest priority to lowest)?
Select one:
Oa 4-2-3-1
Ob 3-1-4-2
O c. 2-4-1-3
Od. 4-3-2-1
1-2-3-4
Transcribed Image Text:You process four product types using four resources (Resource A, Resource B, Resource C and Resource D). A product require one day of processing by a resource for each time the resource appears in the routing structure, The routing structure for each product type and the revenue each unit ylelds upon completion is provided in the table below. Routing Revenue per unit Product 1 C-A-D-C 25 Product 2 B-C-A-D 18 Product 3 D-D-C-C 30 Product 4 A-D-B-C 20 If your goal is to maximize the flow of revenue, which products should receive priority (list products in order from highest priority to lowest)? Select one: Oa 4-2-3-1 Ob 3-1-4-2 O c. 2-4-1-3 Od. 4-3-2-1 1-2-3-4
Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 2 steps

Blurred answer
Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
Practical Management Science
Practical Management Science
Operations Management
ISBN:
9781337406659
Author:
WINSTON, Wayne L.
Publisher:
Cengage,
Operations Management
Operations Management
Operations Management
ISBN:
9781259667473
Author:
William J Stevenson
Publisher:
McGraw-Hill Education
Operations and Supply Chain Management (Mcgraw-hi…
Operations and Supply Chain Management (Mcgraw-hi…
Operations Management
ISBN:
9781259666100
Author:
F. Robert Jacobs, Richard B Chase
Publisher:
McGraw-Hill Education
Business in Action
Business in Action
Operations Management
ISBN:
9780135198100
Author:
BOVEE
Publisher:
PEARSON CO
Purchasing and Supply Chain Management
Purchasing and Supply Chain Management
Operations Management
ISBN:
9781285869681
Author:
Robert M. Monczka, Robert B. Handfield, Larry C. Giunipero, James L. Patterson
Publisher:
Cengage Learning
Production and Operations Analysis, Seventh Editi…
Production and Operations Analysis, Seventh Editi…
Operations Management
ISBN:
9781478623069
Author:
Steven Nahmias, Tava Lennon Olsen
Publisher:
Waveland Press, Inc.