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A company has two types of machinist who are assigned to produce a part. The required daily output is 2400 units for an 8 hour work day. The type 1 machinist is paid at a higher rate of $20/hour and can produce 30 units/hour with a defect rate of 1%. The type 2 machinist has a lower throughput rate of 24 jobs/hour with a defect rate of 4%. The type 2 machinist is paid $16/hour. Each reject requires a rework cost of $4/unit. Ten units of type 1 machinist and 12 units of type 2 machinists are available. Determine the optimal assignment of machinist which will minimize the daily production cost.
Bristol Jones is the owner of a women's shoe store in Wainscot, PA. Her store has been extremely successful selling high-end shoes to the adult market in Wainscot. Management
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Imagine you work in the Marketing department at Dell Computers. You have the task of determining how to market your desktop computers to both business clients and the resident
Your immediate superior on your new job is VP-Operations for one plant of a major home appliance producer. Her responsibilities cover over 8000 WIP and Raw Materials items use
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