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Formulate and solve the following problem to maximize profit: Our company sells two types of novelty items to local bookstores. Type 1 generates $3 profit for each unit sold and Type 2 generates $5 profit for each unit sold. Market conditions indicate that we cannot sell more than 4 units of Type 1 and more than 6 units of Type 2. We have 18 hours of labor available. Type 1 and Type 2 products require 3 hours and 2 hours of labor per unit respectively. Inventory policy dictates that we must deplete at least 50 units of raw material. Type 1 items require 3 units of raw material and Type 2 items require 5 units of raw material.
If the labor hours available is increased to 20 does this change the solution? Why or why not?
If profit for Type 2 novelties increases to $6 does this change the solution? Why or why not?
A female white employee can state a personal claim for race discrimination due to mistreatment of a male African-American employee with whom she associates, only if:
Apple Cakes reviews inventory every two weeks with lead time of seven days, demand rate 40 units per day and standard deviation five units per day. If the company tolerates no more than one stock-out per year, develop the ordering policy for a fixed-..
provide a basis for drawing analysis-based conclusions about the attractiveness of the industries a company has diversified into, both individually and as a group, and further to provide an indication of which industries offer the best and worst l..
What is the importance of professional service organizations in standardizing a profession, to include their established code of ethics?
Consider the following scenario and respond to the questions that follow. A new firm, Bit Technology Inc., is deciding where to locate its facilities internationally.
Add any needed punctuation to the following sentences. Some sentences may be correct, and some sentences may require more than one mark of punctuation. Investing in the stock market can be risky but lucrative. Investing in the stock market can be ris..
Stan Garner resides in illinois and promotes boxing matches for Supersports, INC. an Illinois corporation. Garner created the conect of "ages" promotion- a three fight series of boxing matches pitting an older fighter (george foreman) against a young..
. Why is it often considered critical to integrate the target business quickly? Be specific. Given the complexity of these two businesses, do you believe the acquisition of Gillette by P&G made sense? Why did P&G rely heavily on personnel in both com..
Illustrate what if tech could buy an ATM-type ticket dispensing machine for $6000. This machine would have constant service time of 5 minutes.
What is social class? And, how might Marx and Weber define one's social class position differently?
Adam Munson Manufacturing, in Gainesville, Florida, wants to arrange its four work centers so as to minimize interdepartmental parts handling costs. Provide an improved layout and compute its movement cost
exercise 1a store is known for is bargains. the store has the habit of lowering the price of its bargains every day to
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