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The Otto Maddick Machine Tool Company produces two products, muffler bearings and torque amplifiers. One muffler bearing requires 0.125 hr. of assembly labor, 0.25 hrs. in the stamping department and 9 square feet of sheet metal. Each torque amplifier requires 1/3 hr. in assembly and 0.25 hrs. in stamping and uses 6 square feet of sheet metal. Current capacities are 400 hours of assembly labor and 375 hours of stamping capacity. Sheet steel costs $0.15 per square foot. Muffler bearings sell for $9 and torque amplifiers sell for $11.00. Use linear optimization to find the number of each product to make to maximize profit. (Do not constrain the solution to integers.) The available amount of sheet steel may be considered unlimited. The cost of Labor is not charged to the products. A new product called the furtengrinder uses 0.5 hours of assembly time and 10 square feet of sheet metal and sells for $32.10.
Use Solver's sensitivity report to determine the maximum number of stamping hours it could use before it would become unprofitable produce furtengrinders.
Describe up to 10 bulleted details that should be found in a customer service representative job description. What level of education and experience should be necessary for a customer service representative, and why
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Cox (2001) points out that diversity can improve the organization's ability to solve problems by increasing the experience scope of the organization. This increases the richness of viewpoints and positions considered during the decision-making proces..
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A company's cereal is not selling well. Create a 10-15-question survey that measures customers' preferences for the company's cereal product. Later, answer the following questions:
Identify a well-known leader and briefly describe the characteristics that best differentiate him/her from others. Apply Fiedler’s contingency theory, path-goal theory, normative decision theory and visionary leadership to this leader’s style. Determ..
Under what conditions does competitive bidding normally assure the buying manager of obtaining the lowest possible price? Based on the case, define the “competitive bidding trap.” Under what conditions may a buying firm fall into the “competitive bid..
The fixed monthly production cost is $15,000 and the variable cost per snowboard is $35. The snowboards sell for $130 a piece. What is the break-even volume for the company? What is the total cost, revenue, and profit for selling 210 boards
What is the quality rating for the composite facility? can somebody explain how to get this part? please.
For this essay, please consider how the credit crunch becomes a global financial Crisis?
Discuss how can we apply the transhipment application in the linear programming problem in the rental car company work flow?
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