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A Western New York semiconductor manufacturer, the Buffalo Chip Company, has in the past had as its principal product the semiconductor logic circuit chips which are used as the building blocks in almost any electronic device. Recently, Buffalo Chip acquired a calculator manufacturing facility which is on an adjacent lot. Each hand-held electronic calculator manufactured by this facility uses 10 circuit chips identical to those produced by Buffalo's chip factory. Very recent price changes make it unclear whether either of both factories are profitable, Chips can be bought for $3 and sold for $2.50 on the market (transportation and handling make the difference). The chip facility has a capacity for 20,000 chips per month. The calculator facility has a capacity for 3,000 calculators per month. The variable cost of producing a chip (including raw materials) is $2. The variable cost of producing a calculator is $20, exclusive of the cost of the 10 chips used per calculator. Each calculator can be sold for $45.
b. What is the optimal solution? You should be able to determine this by inspection. If the linear program has multiple optimal solutions, identify the optimal solution set.c. Answer (b) when the price per calculator is set at more than $45 and when is set at less $45.
Jack Simpson, contract negotiator for Nebula Airframe Company, is currently involved in bidding on a follow-up government contact. In gathering cost data from the first three units
The time among arrivals of regular fliers is also exponentially distributed with a mean of 4 min. At the check in counter, travellers wait in a single line until one of the 5 agents is available to serve them. The check in time follows a regular d..
What is supply chain management? How does supply chain management differ from value chain management? How does value chain management satisfy customer requirements?
How many cars would you expect to see in the system. A toll tunnel has decided to experiment with the use of a debit card for the collection of tolls. Initially, only one lane will be used
Illustrate what would be the minimum cycle time that could be achieved if the production was split into 2 lots of 500 parts each. Illustrate what would be the minimum cycle time and inventory levels if the production is broken down into 4 lots of 2..
Why has responsiveness become popular in supply chain strategy also collaboration. Compare also contrast manufacturing also geographic postponement.
The Quick Copy center for document copying is deciding where to locate a new facility. The annual fixed also variable prices for each site it is considering have been estimated
A souvenir retailer has an opportunity to establish a new location inside a large airport. The annual returns will depend primarily on the size of the space she rents and if the economy will be favorable.
Illustrate what amount of safety stock is appropriate. When should this item be reordered. Illustrate what risk of stock out would result from a decision not to have any safety stock.
describe your most memorable experience with a salesperson that was positive and made you feel comfortable.
Which of subsequent marketing programs is used by niche penetration strategy to increase customer's ability to buy.
Calculate the new compa-ratio for this individual after receiving the 7% pay increase. Calculate the new midpoint, minimum, and maximum as of January 1, 2014.
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