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ADVERTISING. Intronix uses copy editors, computer graphics specialists, and Java programmers to produce ads for magazines and the Internet. The average new ad for magazines typically requires 180 hours of a copy editor’s time and 135 hours of a computer graphics specialist’s time, whereas ads produced for the Internet require 35 hours of copy editor time, 195 hours of computer graphics time, and 60 hours of a Java programmer’s time. Lassie Foods, a dog food manufacturer, has hired Intronix to produce ads in the next four weeks. Although currently it considers magazine ads 3 times more valuable than internet Ads, it still wishes to have at least 2 of each produce within the next four weeks. Intronix has assigned up to 3 copy editors, 4 computer graphics specialists, and 1 Java programmer, each committed to work up to 60 hours per week on the project. how many of each type of ad should be produced to maximize the overall value to Lassie Foods?
Formulate this problem as a constrained optimization problem.
Groundz can place orders only once a month. Inventory and ordering costs would remain the same. Is it more cost-effective for Groundz to switch suppliers? Should Groundz switch? (new total cost $3042.67, switch)
A large bakery buys flour in 25-pound bags. The bakery uses an average of 4,800 bags a year. Preparing an order and receiving a shipment of flour involves a cost of $10 per order. Annual carrying costs are $75 per bag. Determine the economic order qu..
A firm selling different products to different markets would probably benefit from a logistics organization that is:
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During the conceptual phase of a project life cycle, identify the most important management functions
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Suppose you are playing the Littlefield Game and you forecast that the daily demand rate stabilizes after day 120 at a mean value of 15 units per day with a standard deviation of 4 units per day. Calculate a good reorder point, r, corresponding to a ..
Describe the Product design process. Give specific examples for each step from your experience. Define and discuss 3 Process Performance Metrics
Your text defines "civil rights" as the "set of rights centered around the concept of equal treatment that government is obliged to protect." Throughout our history, there have been different civil rights struggles -- for examples, the struggle for s..
How has job searching for candidates and job placement for hiring managers changed in the digital age? In your opinion, have the changes had a positive or a negative effect? Why?
In developing a report on the effectiveness of a staffing process for entry-level jobs, what factors would you address and why? Why would an organization be interested in this type of metric? Given the current labor market, which is a “buyer’s market..
What is the setup cost, based on the desired lot size? What is the setup time, based on $40 per hour setup labor?
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