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A company can decide how many additional labor hours to acquire for a given week. Subcontractor workers will only work a maximum of 20 hours a week. The company must produce at least 200 units of product A, 300 units of product B, and 400 units of product C. In 1 hour of work, worker 1 can produce 15 units of product A, 10 units of product B, and 30 units of product C. Worker 2 can produce 5 units of product A, 20 units of product B, and 35 units of product C. Worker 3 can produce 20 units of product A, 15 units of product B, and 25 units of product C. Worker 1 demands a salary of $50/hr, worker 2 demands a salary of $40/hr, and worker 3 demands a salary of $45/hr. The company must choose how many hours they should contract with each worker to meet their production requirements and minimize labor cost. Assuming this is a linear programming problem, which of the following is the optimal solution?
Up to three standard deviations above or below the centerline is the amount of variation that statistical process control allows for. Which of the following is not true when explaining why productivity tends to be lower in the service sector than in ..
You buy a bond with a $1,000 par value today for a price of $910. The bond has 7 years to maturity and makes annual coupon payments of $82 per year. You hold the bond to maturity, but you do not reinvest any of your coupons. What was your effective E..
Bullying at work. Workplace bullying is abusive behavior used to assert one's power over another. One survey shows that 35% of employees claim to have been bullied at work. In many cases bullies are the supervisors of the organization. Have you exper..
There is not a traditional answer to meet every problem in an organization. The latest theory could be outdated within a few years. Therefore, in many cases leaders must create their own strategy
Explain the plans that reward group behavior, include pros and cons. Describe the implications of compensation policies and strategic mandates. Define Compensation and explain its relationship with competitive strategies.
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.
Discuss the impacts a poorly written or non-existent job description (as a possible result of a poorly conducted job analysis) could have on the company, its workforce and its employees.
Discuss the strategic needs and challenges that transportation managers face. How can 3PL service providers help them improve performance and reduce costs?
Review the competencies required of HR management and recommend at least two additional areas in which HR managers should be competent. Provide specific examples to support your response.
Using current events, predict the overeall development of public administration in the next five (5) years. Provide a rationale for your response. Determine one (1) challenge and one (1) opportunity regarding the use of social media in public adminis..
What is the possible daily output of this "process" if 8 hours of processing time is available each day? b. Given your output rate in part a, what is the efficiency of the process?
At 10°C below the melting point of aluminum, 0.08% of the atom sites are vacant. At 484°C only 0.01% are vacant. Given this information, determine the energy of vacancy formation (ΔHv) for aluminum.
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