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Mr. Weiss. Section 10 – Module 53 – The Optimum Resource Mix.

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Mr. Weiss

Section 10 – Module 53 – The Optimum Resource Mix

As a recent graduate of the Graduate School of Business at the University of Northern Freshwater, you have been hired as a consultant. Your first project is to organize production for a manufacturing firm at each of its five plants. Your project goal is to reach targeted amounts of production while achieving minimum resource cost. The figures provided are the amounts of various inputs presently used in the production process at each plant.

The inputs used are priced as follows:

Land: $5 per hour

Labor: $10 per hour

Capital: $25 per hour


Mr. Weiss

Section 10 – Module 53 – The Optimum Resource Mix

As a recent graduate of the Graduate School of Business at the University of Northern Freshwater, you have been hired as a consultant. Your first project is to organize production for a manufacturing firm at each of its five plants. Your project goal is to reach targeted amounts of production while achieving minimum resource cost. The figures provided are the amounts of various inputs presently used in the production process at each plant.

1. Which facility or facilities (if any) are presently using the least-cost combination of inputs for producing?


Mr. Weiss

Section 10 – Module 53 – The Optimum Resource Mix

As a recent graduate of the Graduate School of Business at the University of Northern Freshwater, you have been hired as a consultant. Your first project is to organize production for a manufacturing firm at each of its five plants. Your project goal is to reach targeted amounts of production while achieving minimum resource cost. The figures provided are the amounts of various inputs presently used in the production process at each plant.

2. What specific recommendation would you make for each facility to help them achieve the least-cost combination of resource use?

A. Recommendation for Facility A


Mr. Weiss

Section 10 – Module 53 – The Optimum Resource Mix

As a recent graduate of the Graduate School of Business at the University of Northern Freshwater, you have been hired as a consultant. Your first project is to organize production for a manufacturing firm at each of its five plants. Your project goal is to reach targeted amounts of production while achieving minimum resource cost. The figures provided are the amounts of various inputs presently used in the production process at each plant.

B. Recommendation for Facility B

C. Recommendation for Facility C

D. Recommendation for Facility D

E. Recommendation for Facility E


Mr. Weiss

Section 10 – Module 53 – The Optimum Resource Mix


Mr. Weiss

Section 10 – Module 53 – The Optimum Resource Mix


Mr. Weiss

Section 10 – Module 53 – The Optimum Resource Mix


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