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A furniture cabinet maker produces two types of cabinets that house and hid plasma televisions. The Mission-style cabinet requires $340 in materials and 15 labor hours to produce, and it yields a profit of $910 per cabinet. The Rustic-style cabinet requires $430 in materials and 20 hours to produce, and it yields a profit of $1,200. The firm has a budget of $30,000 to spend on materials. To ensure full employment, the firm wishes to plan to maximize its profit but at the same time to keep all 30 workers fully employed, so all 1200 available labor hours must be used. What is the best combination of furniture cabinets to be made?
The overall average on a process you are attempting to monitor is 50 units. the process standard deviation is 1.72. Determine the upper and lower control limits for a mean chart, if you choose to use a sample size of 5.
If output remains the same but Osborne is able to reduce the labor hours used to 8,000, what would be the percentage change in the multifactor productivity.
The presenting problem or specific request for help. 2. Any other problems or concerns that might need to be addressed if an ongoing relationship were to occur
Find out the optimal assignment of taxis to customers so as to minimize total driving distances to the customers.
What is the CW, when i=10% per year, of $1500 per year, starting in year one and continuing forever: and $10,000 in year five, repeating every four years thereafter
From this fast food case illustrate what process do you think is the most efficient and why. Which competitive dimensions has each firm selected for their process and which focus dimensions have they traded-off.
Audits are commonly associated with the financial and accounting records of the business. Using the publicly available financial statements of Mcdonald's
Analyze the key elements of buying commercial airline services. Create a blueprint detailing the service delivery process involving the frontline employee-customer contacts before, during, and after the purchase.
For this unit, you will write a 3-5 page paper (excluding title and reference pages) summarizing what you have learned about your chosen profession so far.
Develop an MRP planning schedule showing gross also net requirements, order release also order receipt dates.
Formulate the problem as a linear programming model (i.e. define the variables, and write down the objective function and all constraints in algebraic form).
The management of Maderira Manufacturing Company is considering the introduction of a new product. The fixed cost to begin the production of the product is 30,000.
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