Consider two jobs, job 1 and job 2, to be processed on a single machine. it takes 7 days to process job 1, whereas the processing time of job 2 is 4 days. if the production is switched from ob 1 to job 2, then the set-up takes 2 days. on the other hand, if the production is switched from ob 2 to job 1, the set-up time reduces to 1 day. the processing of the jobs cannot start before the beginning of day 3 and both jobs are due at the beginning of day 20. let x1 and x2 be two integer variables representing the start date in days for job 1 and job2 4- two jobs will not be processed concurrently: if job 1 precedes job 2, then the start date of job 2 must be greater than or equal to start date of ob 1 plus the processing of job 1 and the set-up time if job 2 precedes job 1, then the start date of job 1 must be greater than or equal to start date of job 2 plus the processing of job 2 and the set-up time use indicator variable(s) representing the order of processing and mathematically formulate the constraint(s) that are verbally written above using indicator variable(s) and big m(s). calculate the minimum value of m that would work. (hint: what are the ranges for x1 and x2? )

Abank provides its customers mobile applications that significantly simplify traditional banking activities. for example, a customer can use a smartphone to take a picture of a check and electronically deposit into an account. this unique service demonstrates the bank’s desire to practice which one of porter’s strategies?

Zachary company produces commercial gardening equipment. since production is highly automated, the company allocates its overhead costs to product lines using activity-based costing. the costs and cost drivers associated with the four overhead activity cost pools follow: activities unit level batch level product level facility level cost $ 64,800 $ 27,730 $ 15,000 $ 154,000 cost driver 2,400 labor hrs. 47 setups percentage of use 11,000 units production of 780 sets of cutting shears, one of the company’s 20 products, took 240 labor hours and 7 setups and consumed 15 percent of the product-sustaining activities. required: (a) had the company used labor hours as a company wide allocation base, how much overhead would it have allocated to the cutting shears? (b) how much overhead is allocated to the cutting shears using activity-based costing? (c) compute the overhead cost per unit for cutting shears first using activity-based costing and then using direct labor hours for allocation if 780 units are produced. if direct product costs are $150 and the product is priced at 30 percent above cost for what price would the product sell under each allocation system? (d) assuming that activity-based costing provides a more accurate estimate of cost, indicate whether the cutting shears would be over- or underpriced if direct labor hours are used as an allocation base. explain how over-or undercosting can affect vaulker's profitability. (e) comment on the validity of using the allocated facility-level cost in the pricing decision. should other costs be considered in a cost- plus pricing decision? if so, which ones? what costs would you include if you were trying to decide whether to accept a special order?

A4-year project has an annual operating cash flow of $59,000. at the beginning of the project, $5,000 in net working capital was required, which will be recovered at the end of the project. the firm also spent $23,900 on equipment to start the project. this equipment will have a book value of $5,260 at the end of the project, but can be sold for $6,120. the tax rate is 35 percent. what is the year 4 cash flow?