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A carpenter makes tables and chairs. Each table can be sold at the price of $100 and each chair at the price of $40. The carpenter works a maximum of 40 hours per week and spends 5 hours to make a table and 2 hours to make a chair. Each table needs 50 pounds of wood and 30 screws. Each chair needs 20 pounds of wood and 10 screws. Each pound of wood costs him $0.75 and 100 screws cost him $5. Customer demand requires that he makes at least twice as many chairs as tables. The carpenter stores the finished products in his garage, and there is room for a maximum of 9 furniture pieces each week. He should make at least 2 chairs each week. How many tables and chairs should he make to maximize his profit during a week?
Formulate this problem as a linear programming. (Write complete definition of D.V., O.F., and constraints)
Solve in Excel. (Please, print 2 spreadsheets: 1. Shows the values of the optimal solution, 2. Shows formula you use. You can see your formula by using ctrl+~).
Under what circumstances do you personally think you would call it quits and come home if you were sent to an overseas assignment? Would you be interested more in how HR can contribute to the overall performance of the company, or would you be more i..
Determine the approximate learning percentage. Using your answer from part a, estimate the average completion time per repetition assuming a total of 30 repetitions are planned.
Cars arrive at a local JLUBE franchise at the rate of 1 every 12 minutes. Service times are exponentially distributed with an average of 15 minutes. Jack Burns, the JLUBE owner, has decided to open a second work bay, i.e., make the shop into a two-ch..
Having an agreement between partners is one way to reduce potential problems. The Articles of Partnership is a legal agreement between the parties. If you were to create one of these documents - what elements would it include and why?
Harbor Dunes Golf Course was recently honored as one of the top public golf courses in South Carolina. The course is situated on land that was once a rice plantation, offers some of the best views of saltwater marshes available in the Carolinas.
How does strategic management typically evolve in a corporation? What is a learning organization? Is this approach to strategic management better than the more traditional top-down approach in which strategic management is primarily done by top manag..
1. What are the differences between cost-based and value-based pricing?
A company has the following forecast demand for the net six months: Suppose inventory, stockouts, overtime and subcontracting are not allowed. Only hiring and layoff are allowed to respond to fluctuations in demand. Currently there are 20 workers on ..
What are the characteristics of a transformational leader. How do they transform their followers? Select someone that you believe to be a transformational leader, and illustrate your points. Explain the four perspectives of the balanced scorecard and..
please see attached file which related to linear programming and answer part a b in full details with posting pom-qm
Should English or Mandarin be the language of international business? If not, what language should be the language of international or global business? Also, why is it important to develop a skill in a foreign language? Discuss...
What is disaggregation? What are the inputs and outputs for master production scheduling? Prepare a master schedule based on the following information: Week: 1,2,3,4,5,6,7,8. Forecast: 100,100,120,120,150,150,180,180.
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