Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
A furniture manufacturer wishes to determine how many tables, chairs, desks or bookcases he should make in order to optimize the use of his available resources. These products utilize two different types of lumber, and he has on hand 1,500 board feet of the first type and 1,000 board feet of the second type. He has 800 man-hours available for the total job. His sales forecast plus his back orders require him to make at least 49 tables, at least 130 chairs, at least 30 desks and no more than 100 bookcases. Each table, chair, desk and bookcase requires 5, 1, 9 and 12 board feet, respectively of the first type lumber and 2, 3, 4 and 1 type of the second type. A table requires 3 man-hours to make, a chair 2, a desk 5 and a bookcase 10. The manufacturer makes a total of $12 profit on a table, $5 on a chair, $15 on a desk and $10 on a bookcase.
Write out a complete linear programming formulation of this problem for maximizing the profit in Matrix form. and solve it.
Explain the concepts underlying (a) payback analysis, (b) average rate of return, (c) net present value, (d) internal rate of return, and (e) profitability indexes.
Illustrate what impact might the ant kickback issue have on the working relationship between Stryker also the surgeons who use its orthopaedic hip implants.
Best Bikes produces bicycles and buys brakes from a supplier in Japan. The brake set for one bicycle costs $125, and it is $35 to process the order with the supplier. What is the average inventory carrying/holding cost for the brakes?
If x1 and x2 are 0-1 variables whose values indicate which of two fixed costs are included in a total cost, which constraint indicates that both fixed costs are included?
An organization’s internal environment is responsible for generating reliable financial reporting and complying with laws and regulations. Internal business process improvement methods establish best practices and strengthen corporate governance and ..
Return on Invested Capital (ROIC) measures the return on the capital invested in the Business. When calculating this ratio, which of the following should be placed in the numerator of the formula? Is return on sales or return on equity a better basis..
Explain the strategies for delivering both praise and criticism to an employee in an appraisal interview. Be specific in stating the strategies mentioned in the text to accomplish these two tasks.
A company has started a phone service that uses overseas doctors to provide emergency medical consultations. The responding doctors are based in a country with low wages but with a highly skilled pool of physicians. Responding to each call takes on a..
As leaders make strategic decisions, they must balance the interest of the various stakeholders- employees, customers, shareholders, suppliers, unions, activists, and the community. Describe the best approach for this. Give your own example of a firm..
What are the business benefits of BI (Business Intelligence) deployments and the main challenges required to extend BI tools beyond mere reporting?
Determine the likely consequences of the introduction of gaming entertainment into your state, or if your state already allows gaming, the impact of significant economic expansion of the segment upon other segments of the hospitality industry.
The Mobile Oil company has recently acquired oil rights to a new potential source of natural oil in Alaska. The current market value of these rights is $90,000. If there is natural oil at the site, it is estimated to be worth $800,000; however, the c..
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd