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Quality Air Conditioning manufactures three home air conditioners: an economy model, a standard model, and a deluxe model. The profits per unit are $63, $95, and $135, respectively. The production requirements per unit are as follows:For the coming production period, the company has 200 fan motors, 320 cooling coils, and 2400 hours of manufacturing time available. How many economy models (E), standard models (S), and deluxe models (D) should the company produce in order to maximize profit? The linear programming model for the problem is as follows.Max63E + 95S + 135Ds.t.1E + 1S + 1D = 200Fan motors1E + 2S + 4D = 320Cooling coils8E + 12S + 14D = 2400Manufacturing timeE, S, D ?Y 0The computer solution using The Management Scientist is shown in Figure.THE MANAGEMENT SCIENTIST SOLUTION FOR THE QUALITY AIR CONDITIONING PROBLEM
A list of potential data collection tools and techniques.
As part of any marketing activity, advertising plays a critical role in the value creation process for a firm. Critically examine the important elements of a firm's communication strategy.
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A kennel of 640 square feet is to be constructed as shown. The cost is $4 per running foot for the sides and $1 per running foot for the ends and dividers. What are the dimensions of the kennel that will minimize the cost?
The following worksheet uses a weighted-point evaluation system to calculate weighted performance scores along four dimensions for up to four potential sources. Re-create this spreadsheet in Microsoft Excel. Code your spreadsheet so that any chan..
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Pam runs a mail-order business for gym equipment. Annual demand for the TricoFlexers is 16,000. The annual holding cost per unit is $2.50, and the cost to place an order is $50. What is the economic order quantity?
List and explain the 4 Pillars of SMS.
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List and describe other factors (not those addressed in parts a and b) that should be taken into consideration when deciding whether to accept a special order? Be specific in your responses.
Required Classify each of the following costs into one of the four quality cost (i.e., COQ) categories: Materials, labor, and overhead costs of scrapped units.
Let X1,...,X10 be independent Poisson random variables with λ = 1.
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