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A Western New York semiconductor manufacturer, the Buffalo Chip Company, has in the past had as its principal product the semiconductor logic circuit chips which are used as the building blocks in almost any electronic device. Recently, Buffalo Chip acquired a calculator manufacturing facility which is on an adjacent lot. Each hand-held electronic calculator manufactured by this facility uses 10 circuit chips identical to those produced by Buffalo's chip factory. Very recent price changes make it unclear whether either of both factories are profitable, Chips can be bought for $3 and sold for $2.50 on the market (transportation and handling make the difference). The chip facility has a capacity for 20,000 chips per month. The calculator facility has a capacity for 3,000 calculators per month. The variable cost of producing a chip (including raw materials) is $2. The variable cost of producing a calculator is $20, exclusive of the cost of the 10 chips used per calculator. Each calculator can be sold for $45. Define the decision variables and write the linear program appropriate for maximizing monthly profit contribution. What is the optimal solution?
How many cars would you expect to see in the system. A toll tunnel has decided to experiment with the use of a debit card for the collection of tolls. Initially, only one lane will be used
Explain why manager having great control does not have much publicity than a manager who is a great leader.
The item costs $50 when purchased in quantities less than 100 and $48 for 100 or more. Ordering cost are $40 and the carrying cost is 25 percent. Explain how much should the company buy each time an order is placed.
The maximum amount available of the "Other" ingredients is 125 tons. The cement sells for $60 per ton. The organization needs to maximize its profit. Formulate the linear programming problem to maximize the profit.
Design a total rewards program based on an existing organization that you have studied earlier in the course or, with the instructor's permission
Explain the basis for the persuasiveness of these tactics and provide instance of explain how these tactics could be improved. Describe which groups of people are most susceptible to the tactics you analyze.
Describe an example of how the section of the amendment that is chosen could be applied to my professional life as a Vocational Nurse. In the example discuss whether the amendment limits business or protects it.
The annual cost of carrying a pound of cheese in a refrigerated storage area is $12. Find out the optimal order size also the minimum total annual inventory.
What do you think about Walt Disney's decision not to purchase merchandise from Bangladesh? Is this and appropriate way of dealing with the problem?
Growth figure for urban U.S. residents also is true for rural U.S. residents on basis of sample data. 9.49 Brokers generally agree that bonds are a better investment.
Which component would you recommend if Hilton Hotels desired to add an additional Oracle component. Evaluate the business benefit of this additional component.
The expected completion time of the project was found out to be 40 weeks. The variance of the critical path is 9. Illustrate what is the probability that the project will be finished in 40 weeks or less.
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