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A company is about to design a box to pack three circular objects. These objects have different radii; R1 = 6, R2 = 12, R3 = 16. The objective is to find the minimum dimensions for the box. In addition, the company does not like the objects to have overlap in the box. Formulate an optimization model to minimize the perimeter of the box.
Use Excel or AMPL (not the longhand format) to find the optimal solution.
From a quality perspective, explain why is it important for organizations to maintain close ties with both upstream and downstream supply chain partners? Then discuss with a specific example how these supply chain relationships can positively or nega..
Demand for dishwasher water pumps is 8 per day. The criterion deviation of Demand is 3 per day also the order lead time is four days. The service level is 95percent. Illustrate what should the reorder point be.
His required rate of return is 10%. Estimated annual net income and cash flows are $49,000 and $101,500, respectively.
What is production activity control? What is a dispatch list? What is a Gantt chart? Explain critical ratio rule for doing work. Explain backward scheduling and why is it preferred by MRP? Explain work center load. When is order cancellation a last r..
Assume Farmer Dale needs to rent a BEFCO for the four month planting season from Buck & Knobby Equipment Rental. A BEFCO can be rented based on a one-month, two-month, three-month or four months plans. Formulate the LP model to minimize rental costs ..
Give examples that explain how these topics play a role in a service or manufacturing company. 1. Lean Manufacturing 2. Inventory Management Systems
What is the difference between data and information? Why is the distinction important? Identify and describe the characteristics and costs of useful information.
Identify issues management needs to address. Analyze and evaluate the issues identified and a set of actions management should take to address the issues identified.
What would you think about a situation, for example, a different culture where eye contact was a form of insult or indignation? What other cues might you use to make your assessment
As you formulate the policy put yourself in the supervisors shoes. As you read your finished product put yourself in the employees shoes; how does that change your perspective?
The research and practice of leadership focuses on the leader while the role of the follower is often neglected. Using the overview provided in this week’s lecture and readings, how do follower perceptions affect a leader’s style? How might you best ..
Which of the following is not a productivity measure?
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