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A manager must decide on the mix of products to produce for the coming week. Product A requires three minutes per unit for molding and two minutes per unit for painting. Product B requires two minutes per unit for molding and four minutes per unit for painting. There will be 900 minutes available for molding, 600 minutes for painting. Both products have profits of $1.00 per unit.
Use linear programming – graphical method - to determine the combination of A and B that will maximize profit. Show your work.
A project has an initial cost of $35,000 and a four-year life. The company uses straight-line depreciation to a book value of zero over the life of the project. The projected net income from the project is $1,100, $1,300, $1,600, and $1,800 a year fo..
What would happen if a law passed dictating that kindergarten teachers could make no less than $100,000 per year?
In this situation, who bears the risk of loss of the goods that were to be received by Bob? Explain the relationship between the parties under the Uniform Commercial Code in your answer.
Suppose you are told that the business process in Figure 3-13 has a negative margin. Explain what that means. Suppose the margin of some business process is a negative $1 million. If costs are reduced by $1.2 million, will the margin necessarily be p..
What is the benefit of completing a spreadsheet hand adjustment analysis. Why should you run this before running a solver table solution? What is the overall purpose of running a what-if analyses?
What is resource leveling and when should you use it. What types of dependencies affect projects. How can these be handled. What are the tools and techniques for schedule development, and what are the strengths and weaknesses of each one
The annual demand for a product has been projected at 2,000 units. This demand is assumed to be constant throughout the year. The ordering cost is $20 per order, and the holding cost is 20 percent of the purchase cost.
When technology is progressing rapidly, firms are more likely to:
Anna works on an assembly line where it takes her thirty minutes to produce twenty units of a product needed to fill a container. It takes her an additional five minutes to transport the container to Josh, who works at the next station. The company u..
Identify key players in this case. Describe each player's role also their relationship to each other. Describe IS management position(s) which were missing at Clarion also suggest candidate(s) to fill roles.
From newspapers, magazines, flyers, or similar print material, select two advertisements that represent marketing appeals to different needs. (Scan or digitally photograph your ads and insert them into your posting.) Explain what need or needs each a..
Discuss the similarities and the differences in the job's description of an operations manager from two job websites. Discuss why these differences exist in job descriptions for operations managers
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