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Given the following all-integer linear program: Use EXCEL SOLVER .
Max 15x1 + 2x2
s. t. 7x1 + x2 < 23
3x1 - x2 < 5
x1, x2 > 0 and integer
a. Solve the (using SOLVER) as an LP, ignoring the integer constraints.
b. What solution is obtained by rounding up fractions greater than or equal to 1/2? Is this the optimal integer solution?
c. What solution is obtained by rounding down all fractions? Is this the optimal integer solution? Explain.
A store stocks beer mugs and the demand for these beer mugs is 10,200 per year. It costs $120 per order of the mugs and it costs $1.35 per mug per year to keep the mugs in stock. Once an order is placed, it takes seven days to receive the order fr..
AirTran Airways on Tuesday defended its decision to remove a Massachusetts couple from a flight after their crying
1) What is the best order quantity for Nathan to use? Answer: 2) What is the best total cost that Nathan can incur? Answer:
Consider what might have gone on during these negotiations and discuss how framing might have been used, and what issues might have been discussed, in order to reach an acceptable agreement.
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Compare and contrast contingency theory, path-goal theory, and leader-member exchange theory. Explain the strengths and weaknesses of each. Are the differences related to perspective?
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Congratulations! You have just been selected by a prestigious college to fill in for a professor of Economics and to prepare a lecture that is focused on Government & Business and International Trade.
Describe the factors that are used in the NPV and the FV formulas. Give an example of how to use the formulas for NPV and FV for a stock purchase.
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