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The Outdoor Furniture Corporation manufactures two products, benches and picnic tables, for use in yards and parks. The firm has two main resources: its carpenters (labor force) and a supply of redwood for use in the furniture. During the next production cycle, 1,200 hours of labor are available under a union agreement. The firm also has a stock of 3,500 board feet of good-quality redwood. Each bench that Outdoor Furniture produces requires 4 labor hours and 10 board feet of redwood; each picnic table takes 6 labor hours and 35 board feet of redwood. Completed benches will yield a profit of $9 each, and tables will result in a profit of $20 each. a. How many benches and tables should Outdoor Furniture produce to obtain the largest possible profit? Use the graphical LP approach. (Submit both the QM and the graphical solution.)
You will receive $1,000 at the end of the next 10 years, assuming a 7% discount rate, what is the present value of the cash flows?
Balancing the confidentiality of individual health information with the need to protect public health, the HIPAA Privacy Rule expressly permits certain disclosures of protected health information (PHI) to public health authorities without an individu..
Instituted polices and procedures that facilitate good strategy execution? Explain.
Perform an analysis of the social / demographic, technological, economic, environmental / geographic, and political/legal / governmental segments to understand the general environment facing Union Pacific.
The financial plan is important because it: A)Translates all support plans into monetary terms: b) Identifies the internal sources of funds. c)presents an approach for raising of capital from external sources
Airline Industry offers a separate counter for their first class customers – is this consumer discrimination. Identify a similar industry that engages in this practice. Is this a smart business plan?
What are the risks for your project, ways to mitigate them, and the best leader type for this project, What is the best implementation strategy for your process, pilots, and contingency plans for your project
To ensure the proficient implementation of strategy in an organization, top-level executives can best achieve this by delegating authority to middle and lower-level managers and by creating a sense of empowerment among employees.
a describe how the management functions of planning organizing leading and controlling relate to the engineering design
what is the optimal value of the holding and setup costs for wafers when the optimal source is used?
What are the advantages of basing a supplier's overall evaluation on its lowestperformance on one of the five dimensions (Quality, Delivery, Cost Management,Technical Support and Wavelength)?
the manager projects an average demand of between 14 and 18 cars an hour. would you reccomend 1 or 2 lines? explain. also, the car wash is open 300 hours a month.
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