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1. Solve the following linear programming problem graphically using the corner-point method.
Maximize profit = 4X + 6Y
Subject to: X + 2Y ≤ 8
5X + 4Y ≤ 20
X, Y ≥ 0
What are the X and Y values that maximize the profit? For full credit, please list all the corner points in this case and compute the corresponding objective values of each of the corner points.
2. The Electrocomp Corporation manufactures two electrical products: air conditioner and large fans. The assembly process for each is similar in that both require a certain amount of wiring and drilling. Each air conditioner takes 3 hours of wiring and 2 hours of drilling. Each fan must go through 2 hours of wiring and 1 hour of drilling. During the next production period, 240 hours of wiring time is available and up to 140 hours of drilling time may be used. Each air conditioner sold yields a profit of $25. Each fan assembled may be sold for $15 profit.
Let X denote the number of air conditioners to be manufactured and Y denote the number of fans to be assembled. Formulate the linear programming production-mix situation. A model similar to the one on Slide 17 of the lecture slides of Week 14 is expected.
In your own words, define managerial epidemiology and address the significance of using epidemiology principles and tools while making administrative decisions.
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If social networks are an essential element of the organizing facet of the P-O-L-C framework, should employers track the use of LinkedIn or Facebook among their employees? Why or why not?
What competitive advantage does Hazel have over a professional lawn care service and Hazel does not have a mission statement or a set of objectives. Take one of the following positions and defend it:
Demonstrate thoughtful consideration of the ideas and concepts that are presented in the course and provide new thoughts and insights relating directly to this topic. Your response should reflect scholarly writing and current APA standards. Be sur..
Distinguish clearly between a marketing strategy and a marketing plan. If a firm has a really good strategy, does it need to worry about developing a written plan?
The 3M incorporate produces solar cell panels, and the production rate can be 8,000 pieces per day. The demand for the solar panel is 30,000 pieces per month.
find a solutions remember that your final solution need an interger number of lines and an interger number of overtime hours for each quaters (solutions that requires 8.9134 lines and 1.256 hours of overtime and not feasible.
Race One Motors is an Indonesian car manufacturer. At its largest manufacturing facility, in Jakarta, the company produces subcomponents at a rate of 300 per day, and it uses these subcomponets at a rate of 12,500 per year(of 250 working days).
What are the basic controllable variables of a production planning problem? What are the four major costs? Discuss and explain each variable. Discus and explain each cost.
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