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Tom would like exactly 3 pints of home brew today and at least an additional 4 pints of home brew tomorrow. Dick is willing to sell a maximum of 5 pints total at a price of $2.40/pint today and $2.16/pint tomorrow. Harry is willing to sell a maximum of 4 pints total at a price of $2.31/pint today and $2.25/pint tomorrow.
Tom wishes to know what his purchases should be to minimize his cost while satisfying his minimum thirst requirements.
a) Formulate the linear programming model for this problem, and construct the initial simplex tableau.
b) Formulate this problem as a transportation problem by constructing the appropriate cost and requirements table.
c) Use the northwest corner rule to obtain a basic starting solution for the transportation simplex method.
d) Use the Vogel Approximation to obtain a basic starting solution for the transportation simplex method.
e) Solve the problem using as a starting basic solution the least cost method and solve by using the transportation simplex method.
Video Case: Union-Management Relations (UPS) Instructions: Read the video case in your textbook, titled Union-Management Relations (UPS), and then watch the corresponding video in the Unit Study Guide.
A relational database is based on the fact that data in one table can be tied, or related to data in another table. To do this, the database uses various types of keys to form or define these relationships. Discuss some of your thoughts on this area ..
Discuss what strategy Avon was pursuing until the mid-2000s. What were the advantages of this strategy? What were the disadvantages? Discuss what changes Andrea Jung made in Avon’s strategy after 2005. What were the benefits of these changes? Can you..
Should firms refrain from producing profitable products that are not in target customers best interest, even if some customers want them? Is it profit more important to the firm than customers welfare
Given that the US has been described as the "melting pot" of the world, do you think Hofstede's five factor assessment of our culture is accurate? Sustainable? Why?
Omar has heard from some of his customers that they will probably cut back on order sizes in the next quarter. The company he works for has been reducing its sales force due to falling demand and he worries that he could be next if his sales begin..
How many tellers are required to have an average time in line of no more than 30 seconds per customer?
Ellen has indicated that she would like to leave a legacy for her grandchildren. She would like to pay for college expenses at a private university for her grandchildren.
An ethics issue that could occur during the planning function of management is ____. Staff motivation, effective teamwork, and at least an I-You relationship with employees are part of _____. When you want to explain why technology is so much a part ..
Compare and contrast MRP systems and Order Point systems of managing inventories. When do firms prefer MRP systems to Order Point Systems? Can MRP systems be used while managing capacity in a factory? Provide sufficient justification for your answer.
Why do you think the article suggested raising the value of a. Illustrate what would you do in this situation. The article recounted testing the proportion of potential customers with a reference.
Develop a decision tree for the following situation.
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