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A manufacturer buys peas for vegetable pies from 2 cooperatives. The price per pound is $6 from cooperative, and $5.50 per pound from cooperative B. Develop an objective function that would minimize the total cost. Use X1 = number of pounds to buy from cooperative A and X2 = number of pounds to buy from cooperative B. The manufacturer needs at least 12,000 pounds of peas. Cooperative A can supply up to 8,000 pounds, and cooperative B can supply at least 6,000 pounds. Develop three separate constraints for these requirements.
Review the discussion there. Then provide an example of Little's Law's application different from those given in the textbook. Briefly describe the business and then explain how the business could use Little's Law in its operations. After you have po..
Explaining a New Business to Investors
Please discuss Administrative Law and Regulatory Agencies emphasizing the connections between business, law, politics and ethics. How are Administrative Agencies created?
Read the mini-case study from Katz and Green's Entrepreneurial Small Business (2011): Phionia's Finicky Feline Gourmet Cat Dinners.
In what ways is creating the project schedule a challenge in multi-project organizations? What does the project manager do to overcome this challenge?
A post office has a single line for customers to use while waiting for the next available postal clerk. There are two postal clerks who work at the same rate. The arrival rate of customers follows a Poisson distribution, while the service time follow..
Please show/explain work. Scott Investors, Inc, is considering the purchase of a 412,000 computer with an economic life of 5 years. The computer will be fully depreciated over five years using the straight-line method. The market value of the compute..
Effective scheduling often deals with which three conflicting objectives?
Garden Variety Flower Shop uses 890 clay pots a month. The pots are purchased at $3.70 each. Annual carrying costs per pot are estimated to be 50 percent of cost, and ordering costs are $30 per order. The manager has been using an order size of 1,000..
He estimates that the first job will take his crew eight days to install. How many days should the contractor budget for?
How is the facility arranged? you should gather different photos for your company layout such as: office, warehouse, retail layout etc. and analyze their layout based on what we learnt in class.
Products have tangible attributes only. The marketing concept holds that delivering unmatched value to customers is the only effective way to achieve long-term profitability. Stray Rescue is a nonprofit organization. Since the organization is not pro..
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