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The Electrocomp Corporation manufactures two electrical products: air conditioners and large fans. The assembly process for each is similar in that both require a certain amount of wiring and drilling. Each air conditioner takes 3 hours of wiring and 2 hours of drilling. Each fan must go through 2 hours of wiring and 1 hour of drilling. During the next production period., 240 hours of wiring time are available and up to 140 hours of drilling time may be used. Each air conditioner sold yields a profit of $25. Each fan assembled may be sold for a $15 profit. Formulate and solve this LP production- mix situation, and find the best combination of air conditioners and fans that yields the highest profit.
Illustrate what are some of the problems AECS facing. Are they inherent in its model or they could be rectified while keeping the model intact.
Formulate and solve a linear programming model for mega stat for this make-or-buy application. How many of each component should be manufactured and how many should be purchased?
Describe an effective diagnostic model at the organization-level. Discuss its major inputs, outputs and strategic orientation. What is social media and what are some of the social media tools used by businesses?
Expanding stadium in this scenario has a payoff of $10 million, whereas maintaining same number of seats has a payoff of only $3 million. Draw a decision tree for this problem. Illustrate what should management do to achieve highest expected payoff..
Federal Express has registered impressive increases in sales and profits by emphasizing development speed.
George has a standard, unendorsed personal auto policy (PAP) with coverage for collision loss( with $ 500.00 deductible) and other than collision loss
Is there an operation that you commonly deal with that may benefit from Poka-Yoke philosophy. Can you classify any non-value added waste in certain operations.
Assume a fixed price of $900, a variable price of $4.50 also a selling price of $5.50. Illustrate what is the break-even point. Explain how many units must be sold to make a profit of $500.00.
First Printing has contracts with legal firms in San Francisco to copy their court documents. Daily demand is almost constant at 12,500 pages of documents
If the digital system has a life of ten years and a salvage value of $ 10,000 at that time, what is the IRR of the new system? Should this project be undertaken?
What aspects of HRM are you using, or have used, in your current or former jobs, If you do not have experience with HRM, does a career in Human Resource Management
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