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Periodic preventive maintenance is carried out on aircraft engines, where an important component must be replaced. The number of aircraft scheduled for such maintenance over the next 6 months is estimated at 200,180, 300,198,230, and 290, respectively. All maintenance work is done during the first 2 days of the month, where a used component may be replaced with a new or an overhauled component. The overhauling of used components may be done in a local repair facility, where they will be ready for use at the beginning of next month, or they may be sent to a central repair shop where a delay of 3 months (including the month in which maintenance ocurrs) is expected. The repair cost in the local shop is $120 per component. At the central facility, the cost is only $35 per component. An overhauled component used in a later month will incur an additional storage cost of $1.50 per unit per month. New components may be purchased at $200 each in month 1, with a 5% price increase every 2 months. Formulate a model to the problem and solve determine the optimal schedule for satisfying the demand for the component over the next 6 months.
Formulate a maximum-flow problem which could be used to conclude whether all three projects can be completed on time. Draw the network also Write down the LP.
If you will save $1,000 for each day which the earliest completion time is reduced, which action, if any, would you choose. Illustrate what is the probability which the project will take more than 30 days to complete.
What is the expected value of sample information? What is the efficiency of sample information? Because of the expense involved in developing the initial molds and acquiring the necessary equipment to produce fiberglass sailboats for young children
Your boss has informed you that CDC Software Business knows nothing about PPM and you will need to cover items below in your presentation. Explain why should CDC Software Business implement a PPM.
Is there something unethical about using cost-benefit analysis? As a society we often perform cost-benefit analyses involving lives.
Describe an example of how the section of the amendment that is chosen could be applied to my professional life as a Vocational Nurse. In the example discuss whether the amendment limits business or protects it.
illustrate what will decide whether it can in the remaining years of this decade sustain a strong growth performance similar to 1997 to 1999 without triggering a noticeable acceleration of inflation.
David is the president of a manufacturing facility, a producer of Go kart tires. He makes 1,000 tires per day with the following resources. Labor: 400 hours per day @ $12.00 per hour
Determine how much information a firm is obliged to tell a potential strategic alliance partner about what it expects to learn from the cooperative arrangemen
Descriptive research on narcissistic charismatic's found that they are most likely to: take the time to guide also facilitate the implementation of their vision in the organization press ahead.
Ccompare the effectiveness of different leadership styles in different organizations
Discuss some of methods available for investors to control risk. What is a risk-reward indifference curve also what gives it its characteristic shape.
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