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The problem requires an excel solution and an algebraic solution with variables: During the month of July, Pittsburgh resident BIll Fly must make four round trip flights between Pittsburgh and Chicago. The dates of the trips are shown in Table 4.75. Bill must purchase four round-trip tickets. Without a discounted fare, a round-trip ticket between Pittsburgh and Chicago costs $500. If Bill's stay in a city includes a weekend, he gets a 20% discount on the round-trip fare. If his stay in the city is at least 21 days, he receives a 35% discount If his stay is more than 10 days, he receives a 30% discount. However, at most one discount can be applied toward the purchase of any ticket. Determine how to minimize the total cost of purchasing the four round-trip tickets. (Hint: it might be beneficial to pair one half of one round trip ticket number with half of another round-trip ticket.) Table 4.75: Flights for BIll Fly Problem: Leave Pittsburgh: Leave Chicago: Monday, July 1 Friday July 5 Tuesday July 9 Thursday July 11 Monday July 15 Friday, July 19 Wednesday July 24 Thursday July 25
llustrate what is process cycle time of overall system. If firm operates 8 hours per day, 20 days per month, illustrate what is monthly capacity of manufacturing process.
The president of a small manufacturing firm is concerned about the continual growth in manufacturing costs in the past several years. The data series of the cost per unit for the firm's leading product
Illustrate what o r factors are relevant to this issue. Elucidate how do changes in assumptions mentioned by o r managers affect proposal. Illustrate what position should Jim take.
Insight Communications Promotes employees with good technical skills into supervisory positions and then teaches them leadership skills.
There are many different models of organizational change. Each has advantages and disadvantages. It is up to the organizational development specialist to match the specific model to the current needs of the organization.
Describe some key principles for making performance appraisal as effective as possible. 3. What are the five stages/ key principles you should put into action for an effective performance appraisal?
Discuss death rates, life expectancy, infant mortality, and other key demographic determinants of health trends in the United States.
Four samples of three observations each have been taken, with actual measurements (in centimetres) shown below. Establish three-sigma mean also range limits.
Ski Boards, Inc., wants to enter the market quickly with a new finish on its ski boards. It has three choices, refurbish the old equipment at a cost of $800.
The Management Model (Planning, Organizing, Leading, Controlling ) is universal. In other words, managers at all levels of all departments in all kinds of organizations use this system
The CEO of your company expresses concern to the VP of Marketing that the sample chosen for the survey in which all the transactions were taken during a single shift of one employee is an inadequate basis for making decisions about a marketing pla..
To provide 98% service level what must the reorder point be? b) If a new safety stock policy is being considered that reduces safety stock by 100 units, what is the new service level?
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