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A gardener has 1,000 square yards of land available to devote to cash crops. Profits expected by crop are: $20 per square yards for lima beans, $10 per 10 square yards for spinach, and $15 per 10 square yards for zucchini. The gardener has $200 available for investment. Total preparation cost for 10 square yards are $4 for lima beans, $2 for spinach, and $1 for zucchini. The gardener has 200 hours available for gardening. Each 10 square yards requires 2 hours for lima beans, 1 hour for spinach, and 3 hours for zucchini.
a. Formulate a linear programming model to determine the optima areas in square yards for each of the three crops.
Explain the assertion that businesses can lose rights if they do not diligently assess and pursue intellectual property protection.
As part of the management team for PPQ Parts manufacturing company, you are tasked with selecting the best software packages for the firm's materials requirements planning (MRP), capacity requirement planning (CRP), and enterprise resource planning (..
Explain why or why not. What other communication networks exist in your organization? How does communication "get done" or occur in your organization?
Jack’s Outlet had an average inventory investment of $2 million last year. The annual cost of goods sold was $4 million. What was the outlet’s inventory turnover last year?
Direndonck and Rook, in chapter 13 of the textbook, argue that servant leadership is related to creativity. They discuss eight dimensions that could affect this relationship. Which do you think your organization can improve upon in order to stimulate..
Analyze the role of consumers, such as patients, family, and friends in your organization's QI process. Analyze the external quality indicators available to consumers regarding the organization
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Do management's results outperform (ex have smaller MAD and MAPE than) a naive forecast?
Discuss what working capital is and how it is relevant to cash budgeting.
On their farm, the Friendly family grows apples that they harvest each fall and make into three products-apple butter, applesauce, and apple jelly. Propose a linear programming model for this problem. Solve the model by using the computer either ex..
Provide some examples of the application of EA. In addition, identify the core activities of Enterprise Architects and associate at least one core activity as it is applied in the real business/IT world by citing an example of its application.
Change is everywhere, yet very few people seem to embrace the concept. We are, for the most part, creatures of habit and follow daily routines. When change occurs, our activities and thought patterns are disrupted.
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