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Stoneware Pottery Company wants to determine how many bowls and mugs should be produced per day in order to maximize profit given the labor and material constraints. The unit profit value for Bowls is $40 per unit, for mugs the unit profit value is $50 per unit. There are 40 hours of labor and 120 pounds of clay available per day. Each bowl requires 1 hour of labor and 4 pounds of clay to produce, each mug requires 2 hours of labor and 3 pounds of clay to produce. a) Formulate a linear programming model for this problem to determine how many bowls and how many mugs should be produced in order to maximize the total profit. b) Solve this problem by using Excel Solver. c) What is the optimal solution? d) Which constraints are binding?
However, Class, when calculating proportional scores, remember that for some objectives, the "highest (or best)" value is the lower number. So, for instance, if the objective is to "Minimize Reinvestment/Repair" would $2000 or $0 be the "best" value ..
write a 5 3-7 page double spaced reflective essay discussing your philosophy of management control and leadership.
create a SWOT analysis to determine what the next steps your company should take to in order to move forward successfully. Your SWOT analysis should include a properly formatted SWOT chart
Critically analyse the theory, concepts and models of operations and information management and demonstrate an understanding of the strategic importance of information management in global organisations.
A high-end market research firm has contacted your boss and is trying to sell some business to your organization. Upper management does not want to appear incompetent, so they have asked you to research and explain three major ways multivariate st..
A product has a specification range of 26" to 30". Current production standards are such that 8% are out of specification. What would be the parameters for the R-Chart and X-Bar-Chart for this product? (Assuming a sample size of 5 parts)
this case deals with the development of a comprehensive performance appraisal and management system that dr. amy carver
Analyze how the organizational, management, administration, and operational functions at these three organizational levels are similar or different and why.
A “long arm” statute allows:
Find three products advertised or sold over the internet with Senior Citizen's discounts what are they, and how big are the discounts? Do the same products feature student discounts? If so, how large are they?
Throughout the last few decades, new retailers emerge, some will survive and others may not. In terms of retailing format, which form(s) of retailing are in decline and which one(s) are on a growth trajectory. Why? Provide examples to illustrate. Wha..
Write a module case study of an aviation accident in regard to risk assessment and aeronautical decision making concepts:Go to the NTSB Web site and select one aviation accident report that particularly interests you.
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