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Valencia Producers makes automobile radar detectors ad assembles two models: LazorStop and SpeedBuster. The firm can sale all it produces. Both models use the same electrical components. Two of these can only be supplied from a single supplier. For the next month, the supplies of these is limited to 4,000 of component A and 3,500 for component B. The number of each component required for each product and the profit per unit are given in the table. Components Required/Unit A B Profit/Unit LazorStop 18 6 $24 SpeedBuster 12 10 $40 a. Identify the decision variables, objective function, and constraints in simple verbal statements. b. Mathematically formulate a liner optimization model.
Martha thought to herself, as she picked up the telephone after she’d been fired that morning and dialed the number of the State Department of Labor. The State Department of Labor investigation found that Chris and Dean had violated several state and..
What are the advantages and disadvantages of the Perfect Size concept for (a) Mars Belgium and Mars Netherlands, (b) the consumers, (c) the trade partners?
For your second submission toward your Unit VII Research Paper, you will need to submit a draft of your research paper with several components to ensure you are on the right track. Include the following, An outline of your research and the intended..
Segmentation on Benefits sought, Segmentation on Product usage. Portion sizing would fall under the Brand Usage category. In essence, it is a differentiation from those who buy single servings less frequently and those who purchase large volumes very..
Are the buying organization's staff members the only ones involved in the identification, selection, acquisition, and implementation of each?
A business received an offer from an exporter for 23,135 units of product at $17.00 per unit. The acceptance of the offer will not affect normal production or domestic sales prices. Determine the differential cost from the acceptance of the offer.
Are you likely to use this express service (ONE HOUR DELIVERY) by Amazon? What kind of impact do you think this will have on the local Houston economy? What kind of impact do you think this will have on the companies like Wal-Mart, Target, CVS and Wa..
In chapter one, we are introduced to the Cognitive Information Processing Pyramid. Here we begin to focus on the bottom of the pyramid-(knowing about myself and knowing about my options). Use the information on page 9 “Cognitive Information Processin..
A maker of baby foods has found a high correlation between the aggregate company sales (in $100,000) and the number of births nationally the preceding year. Suppose that the sales and the birth figures during the past (9) years are the following: Det..
From institution based and resource based views identify the obstacles confronting MNE's from emerging economies interested in expanding overseas.
Assuming that the probability of a customer waiting more than "X" seconds is 67.36%, determine, with the help of the normal distribution table, the value of X.
What are some advantages and disadvantages of JIT and lean production? Why do you think many firms are experiencing an increase in JIT and lean production? Are there organizational issues that enter the decision to lower inventory level? How do you f..
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