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Under Armour manufactures two kinds of sneakers, each requiring a different manufacturing technique. Each male sneaker requires 25 hours of labor, 8 hours of testing, and yields a profit of $350. Each female sneaker requires 12.5 hours of labor, 8.5 hours of testing, and yields a profit of $200. There are 2500 hours of labor and 1200 hours of testing available.
Under Armor has made a deal with the Footlocker to provide at least 60 male sneakers and at least 58 female sneakers. The company wants to manufacture at most a combined total of 135 male and female sneakers.
How many of each kind of sneaker should Under Armor manufacture to maximize the total profit?
Formulate a linear programming model for the above situation by determining
(a) The decision variables.
(b) The objective function.
(c) All the constraints.
Select a process you perform daily but would like to spend less time doing, like driving to work. Design a flowchart using an appropriate tool. Comment on the factors which affect the process design.
The marketing department at State University is working on a project with the following information. The Activity Time is also referred to as the Normal Activity Time and is the time it takes to complete the activity based on the normal times.
The price today of a bond that will pay its owner $1,000,000 in five years is $747,258.17 What is the annual rate of return on this bond (bond yield maturity )?
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Describe an example of a "psychic prison" you or a colleague have experienced in your organization or one with which you are familiar
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Alfred, Beth, and Charles orally agreed to start ABC Computers (“ABC”), a business to manufacture and sell computers. Alfred contributed $100,000 to ABC, stating to Beth and Charles that he wanted to limit his liability to that amount. How should ABC..
What is a balanced scorecard graphic. Design a balance scorecard and give an explanation of how your scorecard "works" and why it would be of value to a manager.
Read through the Tree Trimming Project case in chapter 13 of the textbook. This case refers to the earned value (EV) of the owner, Will Fence’s Tree Trimming business. Will briefly describes his techniques for EV. Based on the description provided in..
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