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This is the slack time of the year at Iota Inc. The company would actually like to shut the plant down, but if the they do, the highly skilled and trained core employees would likely be picked up by a competing company which is undesirable. The company could keep the core employees busy by producing (at a minimum) 10,000 round tables per month, or by making 20,000 square tables per month, or some ratio thereof. Iota does however have a standing contract to produce 5,000 square tables per month. Handling and storage costs per round tables are $10 and per square table are $8. Formulate a linear program to minimize the costs. Hint: Let x1 = the thousands of round tables per month and let x2 = the thousands of square tables per month.
Vendor quality control is an integral part of a total quality system. A soft drink bottling company requires its vendors to produce bottles with an internal pressure strength of at least 300 kg/cm2. What are the chances of getting that sample average..
The Case of the Marginalized Workers-You have decided to sub-contract out your grounds maintenance work. You have solicited bids for landscaping, a revamped irrigation system, and maintenance.
What actions would you suggest to your manager in the IT/IS Department to improve the likelihood of successful adoption/acceptance of a new information system which the staff in your company’s finance department will use?
read the scenario set out below and discuss the questions that follow itart fleming is a design engineer with a proven
An item of equipment acquired on January 1, at a cost of $100,000, has an estimated use of 50,000 hours. During the first three years, the equipment was used 11,000, 8,000, and 7,000 hours, respectively. The equipment has an estimated life of five ye..
Discuss the meaning of a tort? What are the four elements of negligence? Are all four elements required for the plaintiff to have a successful case?
product x is made of two units of y and three of z. y is made of one unit of a and two units of b. z is made of two
To meet holiday demand, Penny's Pie Shop requires a production line that is capable of producing 50 pecan pies per week, while operating only 40 hours per week. There are four steps required to produce a single pecan pie with respective processing ti..
Write a brief, 2-3 page paper about Raisio and the Benecol Launch. In this paper, address the following questions concerning Raisio's strategy in launching the new product, Benecol: What is Raisio's initial strategy for launching Benecol? What are th..
Brian XXXXXX, materials manager at B&L Inc. in Lancaster, Pennsylvania, was considering a proposal from his purchasing agent to outsource manufacturing for an outrigger bracket.
Choose one of the following companies (or any company that has been in the press) and write a 2-3 page APA style critical analysis of the ethical issues involved in the case. Identification of the ethical issues involved (what was the alleged ethical..
Pareto Chart - A large number of successful entrepreneurs across Canada and the United States with companies that experienced 150% growth on average for each of the first five years of operation were polled. Prepare a Pareto analysis of the data c..
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