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The surest concrete company produces concrete in a continuous process. two ingredients in the concrete are sand, which Surest purchases for $6 per ton, and gravel, which costs $8 per ton. Sand and gravel together must make up exactly 75% of the weight of the concrete. Furthermore, no more than 40% of the concrete can be sand and at least 30% of the concrete must be gravel. Each day 2000 tons of concrete are produced. Formulate as a linear programming problem.
Consider that you have two automobiles and the probability of starting each of them is 0.8 on cold mornings. Determine the expected number of days neither car will start during the year if there are 100 cold days during the year.
Centen Whisky is sold in 1 liter (1000 milliliter) bottles. The standard deviation for the filling process is 10 milliliters. If the process requires a 2 percent, or smaller, probability of over-filling, defined as over 990 milliliters, what must the..
A single-server queuing system has an average service time of 16 minutes per customer, which is exponentially distributed. The manager is thinking of converting to a system with a constant service time of 16 minutes. decrease the average time in the ..
Summarize both the Stanford Prision or the Milgram experiment. Explain what one of these famous experiments tells us about human nature. Why is the experiment relevant to an ethics course.
Steves Mountain Bicycle Shop is considering three options for its facility next year. Steve can expand his current shop, move to a larger facility, or make no change. With a good market, the annual pay o? would be $76,000 if he expands $90,000 if he ..
how much of the porfolio value in percentage you would have to invest in the zero-coupon bond, and how much in the perpetuity ?
edgar schein is one of the most respected authorities on organizational culture and actually claims that the most
Which type of justice is about the process of determining outcomes?
Select a company that you believe uses employees to achieve a competitive advantage. Discuss how the employees effectively execute the strategy and how the company can sustain this position over time.
What measures will you use, and how will you design the evaluation study?
Can management or organizational culture actually cause a mishap? Again, how would an investigator actually prove that a certain culture was causation in the accident?
ABC Company, a soft-drink vendor, has created a table of payoffs for three stocking decisions for three different states of nature:
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