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A clothier makes coats and slacks. The two resources required are wool cloth and labor. The clothier has 150 square yards of wool and 200 hours of labor available. Each coat requires 3 square yards of wool and 10 hours of labor, whereas each pair of slacks requires 5 square yards of wool and 4 hours of labor. The profit for a coat is $50, and the profit for slacks is $40. The clothier wants to determine the number of coats and pairs of slacks to make so that profit will be maximized.
Please complete the problem by excel:
Be sure to include formulas
1. Give the Objective function.
2. Give the constraints:
3. Graph the solution:
4. Give the optimal Point
based on the readings for the week would you say that steve jobs was an ethical leader? state your rationale. are you
Current and projected cash flows for Randell Global Operatons are shown below. Growth is expected to be constant after 2012, and the weighted average cost of capital is 11%.
This case focuses on the issue of performance. As discussed in the text, clear and effective goals help improve employee performance, reduce role stress conflict and ambiguity, and improve the evaluation of employees' performance.
Which factors apply to the marketing being described in this scenario?
Jennifer is the revenue manager at 2,500 room hotel. For the next Friday the PMS shows 400 check-outs, 850 stay over, 250 transient arrivals and 100-room group block that begins a three-day stay on that day. What is Jennifer’s current rooms available..
Every organization that provides a service or sells a product may benefit from innovation and improvement ideas. Every organization stands to benefit from an annual ideation plan. Develop an annual ideation plan for an organization, either real or fi..
Dynamic pricing or surge pricing refers to the setting of prices for a good or service based on demand at the moment meaning that during times of high demand organizations raise its prices, often drastically. Dynamic pricing has helped maximize reven..
Various alternative work arrangements exist for use in businesses and other types of organizations; included among the options are compressed work weeks, flexible work schedules, telecommuting, and job sharing. How can employees benefit from alternat..
Lean thinking was first developed with manufacturing organisations in mind. Describe FIVE examples of ways in which these waste elimination principles might be applied to improve efficiency in service organisations (such as hospitals and offices).
The assignment is a one-page paper detailing your observations of marketing aspects at a retail store
What might you conclude about the utilization of hospice services and the difficulty in projecting end-of-life needs and end-of-life survival times?
Situation analysis. This will provide the background information for the sales presentation. It includes research findings About the company, customer, product, competition, marketplace, and consumers. Strategic analysis. Main problem or opportunity ..
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