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Vinyl R Us" makes two sizes of umbrellas . the production requirements for each umbrellas are given below. large Compact Available Aluminum 10 8 12,000 grams Handles 1 1 4,000 handles Fabri 30 15 30,0000 Sq/feet The Profit for the large umbrellas is $ 10.00 and the profit for the compact umbrella is half the profit for a large one. Demand for the compact model is a minimum of 200 units and we can't produce more than 500 large umbrellas. You are the " Assistant Production Manager", and must now formulate ( steps 1 -4) an LP and solve ( step 5) this production dilemma. Include as part of your answer, the appropriate sensitivity analysis ( step6). Are there any special cases illustrated in this example? case facts:
Identify common political factors for an MNC to consider when assessing country risk. Briefly elaborate on how each factor can affect the risk to the MNC.
Expanding the stadium in this scenario has a payoff of $10 million, whereas maintaining the same number of seats has a payoff of only $3 million.
Johnson Corporation has the following information about a product that carries in stock: Average demand 40 units per day Average lead time 15 days Item unit cost $ 55 for orders less than 400 units Item unit cost $ 50 for orders of 400 units or more ..
Given the importance of understanding the external environment, why do some firms fail to do so? Give an example of a firm that did not understand its external environment. What were the implications of the firm’s failure to understand that environme..
What do you think is the most significant problem regarding the sale of organs? Why do you think it is a problem? Who has the power to solve this problem?
Global Green Books Publishing is a successful printing and publishing company in its third year. It has survived bringing on a large new customer and all the challenges of new work that this customer needed in a very short time. Who are the stakehold..
Sager Inc. just purchased a 91-day, $1 million T-bill that was selling at a discount of 3.1 percent. Assume a 360-day year. Calculate the dollar discount. Calculate the purchase price on this T-bill. Find the bond equivalent yield (BEY) on this T-bil..
what are the three main staffing strategies for international business? Which strategy becomes more popular now for global organizations and why?
Drew is an officer of Energy Fuel, Inc. Drew knows that an Energy engineer recently developed a new, inexpensive method for converting hydrogen into fuel. Gert claims that this is a violation of federal law. Is Gert correct? If so, what federal law h..
Ross White (see Problem 6-27) wants to reconsider his decision of buying the brackets and is considering making the brackets in-house. He has determined that setup costs would be $25 in machinist time and lost production time, and 50 brackets could b..
If the scrap rate for each step could be cut in half, how many units would this save in terms of the scrap allowance? If the scrap represents a cost of $ 10 per unit, how much is it costing the company per day for the original scrap rate?
Suppose you are employed in an entry-level management position in a large bank. What specific considerations (contingencies) would you identify of sending an e-mail versus talking in person to someone else in a bank? Make this a nice sized paragraph ..
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