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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.
A company is operating in two unrelated businesses. The first one is making common salt, which is sold in one-kilogram consumer packs. The second business is making readymade garments
Discuss the role of modelling in research in managerial decisions making with an appropriate illustration. Explain how is model validation done.
Explain how do vision and mission statements of rating organization affect explain how they view social responsibility.
You're a manager in Japan, and you've just discovered that a team leader under your supervision has made a mistake that will result in a quality problem. How will you handle this mistake?
What was the labor productivity, in dollars per labor-hour, at this job shop during the first week of March?
The strategy of the Sherman Anti-Trust Act and other U.S. antimonopoly legislation is to ensure that each company has meaningful competitors in every product market in which it participates.
Describe a plan for evaluating the effectiveness of the diversity training offered by the vendor. What measures will you use, and how will you design the evaluation study?
Construct a c-chart for test errors also set the control limits to contain 99.73percent of the random variation in test scores. Illustrate what does the chart tell you.
A process is so vital to an organization that the main unit has 2 backups. In case the main unit fails, either backup can be pressed into service.
With regard to "Fair Trade Marketing: An Alternative System for Globalization and Development," how can the apparent conflict between marketing management's emphasis
The PMI Code of Ethics is made up of four areas: responsibility, honesty, respect, and fairness. Discuss the area of respect and what it means for you, the project manager.
David Smith recently purchased a chain of dry cleaners in western Wisconsin. Although the business is making a modest profit now, David suspects that if he invests in a new press, How many shirts will David have to press to break even?
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