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If a transportation problem has five origins and five destinations, the LP formulation of the problem will have how many constraints not counting the non-negative constraints?
Chuck Raven has been working as a production employee for the last three years. His firm is currently undergoing a change in structure with a new management group, and the production department is being restructured. Each production employee will be ..
The Carbondale Hospital is considering the purchase of a new ambulance. The decision will rest partly on the anticipated mileage to be driven next year. Using exponential smoothing with = 0.40 and the forecast for year 1 being 3,050, the forecast for..
Think about any current television show such as Design on a Dime, Flip this House, or Trading Spaces. Describe how this show sets their scope. Indicate if scope changes at all and how the changes originate. Then discuss impacts on budget and schedule..
In 4-5 full paragraphs, please explain what's a Key Performance Indicator (KPI) and why is it crucial to an oorganization's goals? In your response indicate if you have ever been a part of a KPI process.
The Friendly Sausage Factory (FSF) can produce hot dogs at a rate of 5,000 per day. FSF supplies hot dogs to local restaurants at a steady rate of 260 per day. The cost to prepare the equipment for producing hot dogs is $66. Annual holding costs are ..
The global recession forced thousands of firms into bankruptcy. Does this fact alone confirm that external factors are more important than internal factors in strategic planning? Discuss. Your response should be at least 200 words in length.
Be sure to discuss how the theory you selected relates to the situation in a positive or negative way, and if negative, how the situation could have been handled differently if a different tactic was taken. Use at least two outside sources with at le..
The main objective of Risk Management is the mitigation of the risk.
For any organization, there are five stages to go from noncompliance to full integration of sustainability into a company’s strategy and purpose. Identify a company or organization that is at the 4th or 5th stage find a link to an article or video th..
If you owned your own business, would you provide your customers with a tiered service system? Why or why not?
Thomas has income of $1500 today and $1000 tomorrow. He can lend and borrow at an interest rate of 10%. There is 10% inflation. His preferences for inter temporal consumption are represented by the following utility function U(c1; c2) = c1 + c2. What..
Jack and Scotty begin negotiations where Scotty will give Jack hockey lessons for a certain amount of money per week. While they are still negotiating the dollar amount and the number of lessons, they begin to meet weekly to have lessons. After ten l..
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