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A toy manufacturer currently has two warehouses (1 and 2) that are operational and meet the demand of backyard play sets at three retail outlets A, B and C. The supply of the play sets at warehouse 1 and 2 are 500 and 400 units respectively. The demand of play sets at warehouses A, B and C are 400, 600, and 350 units respectively. The unit cost of transportation from warehouse 1 and 2 to retail outlets A, B and C are shown in the table below. The toy manufacturer wants to open a third warehouse which will have a supply of 500 units of backyard play sets per week. Two locations, N1 and N2, are being considered for the new warehouse. Transportation costs from location N1 to stores A, B, and C are $6, $8, and $7 per unit, respectively; from location N2, the costs are $10, $6, and $4, respectively. Which of the two locations is the preferred location for the new warehouse? Hint: You will have to model and solve two LP transportation problems. Retail Outlet A Retail Outlet B Retail Outlet C Warehouse 1 8 3 7 Warehouse 2 5 10 9
Leading a Multicultural Team through a Change Process, Assume you have recently been assigned to lead a six-person team working on a new health care product that could revolutionize the treatment of diabetes. This product would allow glucose readi..
Harry Reid has been employed by Simpson Securities for 42 years as a stockbroker. He was 26 years old when they hired him. Within the last few years, Harry has not done so well on his job. His client base is dwindling. You are the Judge and Harry's c..
Why is it important to continuously update the implementation and communication of a strategic plan? Who should be responsible for updating and communicating a strategic plan? Why?
Company purchases natural gas from two companies; Southern gas also northwest gas. Develop a linear programming model which can be used to determine plan which will minimize total distribution costs. Describe distribution plan also Show total distrib..
What are some practical limits to economies of scale?
Describe the overall purpose of the Planning Actions. What are the key components of creating a Project plan?
A manufacturer of disk drives for laptop computers wants to achieve a MTBF of at least 50,000 hours. Recent test results for 10 units were one failure at 10,000 hours, another failure at 25,000 hours, and two more failures at 45,000 hours. The remain..
a manufacturing company produces and sells 20000 units of a single product. total production costs are 14unit. if the
Ling suggests that superior S&OP planning can provide a firm with a competitive advantage. Do you agree? Can you think of any organizations that might benefit from better sales and operations planning?
Is there something unethical about using cost-benefit analysis? As a society we often perform cost-benefit analyses involving lives.
The optimum level of inspection is where the:
1. How many units should you produce of this game knowing that the units produced need to last for the next 5 months with no possibility of replenishment during this period? 2. What is the expected profit you expect to generate?
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