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The Grand Valley Company, run by the J. Motwani family, produces two products: bed mattresses and box springs. A prior contract requires that the firm produce at least 30 mattresses or box springs, in any combination, per week. In addition, union labor agreements demand that stitching machines be kept running at least 40 hours per week, which is one production period. Each box spring takes 2 hours of stitching time, while each mattress takes 1 hour on the machine. Each mattress produced cost $20 and each box spring costs $24. Formulate this problem as a linear programming problem.
What is the probability that Lynn will have more than $1 million in her retirement fund when she reaches age 60?(psitarget(f35,1000000))
Create a chart by writing "operations management" and "business strategy" beside each other and leaving room between the headings to draw/write.
how many hours should each incinerator operate each day with the least cost to Marshall County? Write an LP for this problem
Stock is received 12 working days after an order has been placed. No backordering is allowed. Suppose 325 working days a yr. Illustrate what is Dotcom optimal order quantity.
What are the motivational implications of organizations having reserved parking for certain members? What are the pros and cons of reserved parking from an expectancy theory perspective?
The last 4 weekly values of sales were 80,100,105 and 90 units. The last 4 forecast (for the same 4 weeks) were 60, 80, 95 and 75 units. Calculate the MAD, MSE and MAPE for these 4 weeks
At Dot Com, a large retailer of popular books, demand is constant at 32,000 books per year. Illustrate what is the reorder point. Illustrate what is the inventory position immediately after an order has been placed.
Your cousin wants to start his own business, but he has decided not to write a marketing plan because he thinks that preparing such a document would take too long
Identify which compensation approach you believe is best? Going rate approach or the balance sheet approach explain the approach you choose.
Choose four products or services that you are interested in learning more about.These products or services should come from a range of industries (such as consumer products, financial services, automotive, entertainment, etc)
It would be easier for Jones to bring suit in Colorado State court, but he wonders if the court can get the Windell Hotel and Travel companies to come to Colorado. Can the court bring the defendants to Colorado?
Explain how can this model be abused also illustrate what can do done to remove any biases. Explain how can a regression model be used to product to produce results which favour over another.
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