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A farmer has 10 acres to plant in wheat and barley. He has to plant at least 7 acres. However, he has only $1200 to spend and each acre of wheat costs $200 to plant and each acre of barley costs $100 to plant. Moreover, the farmer has to get the planting done in 12 hours and it takes an hour to plant an acre of wheat and 2 hours to plant an acre of barley. If the profit is $500 per acre of wheat and $300 per acre of barley how many acres of each should be planted to maximize profit? Construct the Linear programming model.
What is your understanding of the terms: marketing and selling? Are they the same? How do you differentiate the two terminologies? Provide examples to support your points.
Given the following data for a particular inventory item: Usage 500 units/week Ordering $40 per order Carrying Cost $.01 per unit per week Lead Time 3 weeks Price $.50 per unit a.
WHAT WOULD BE A GOOD RESEARCH QUESTION ON THIS TOPIC FOR A GROUP PROJECT
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How do marketers position and differentiate their company's products/services relative to competition? Provide examples in either the fast-food, hotel, airline or restaurant busine
Discussion is about Dell Computer's business strategy in the increasingly competitive PC market. For this discussion, research the company and its business strategy and answer the
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Transportation and Assignment Problem: Transportation problem is the problem of determining the minimum cost for allocating a product from several supply sources to sever
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