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Distinguish between a minimization and maximization LP model. How do you know which of these to use for any given problem?
Do you think se assumptions are realistic or are EOQ model an outdated technique for inventory control. If so, why. If not, explain why not. Could model be modified to fit needs of specific businesses.
Prepare a checklist which includes the main topics, issues, advantages also disadvantages which should be considered when making this decision within the context of Willow brook School.
Give at least one example of how HR management concepts and techniques can be of use to all managers.
Discuss the effect of any seasonal factors utilizing the process performance data collected each week. Discuss the confidence intervals also their usefulness based on the number of data points.
Joan is an accountant who opposes the introduction of a new financial control system, How would you attempt to change Joan's attitude about the new system?
Illustrate what do you think is more important for a good IT professional: strong technical skills or strong people skills.
A drugstore uses fixed review period inventory system for many of the items it stocks. The manager wants a service level of 98%. The order interval is 2 weeks,
Explain how would this affect the utilization of the bed capacity. Is this capacity sufficient for the additional patients. You are in charge of organizing a dinner-dance for a local charity.
Suppose I am the operations manager of our company. Illustrate what are the potential benefits I will get from holding joint planning also meetings with the marketing also finance department
The lights are on 19 hrs a day, 365 days a yr. If the firm's MARR is 15percent, illustrate what is the maximum price per bulb the engineer should be willing to pay to switch to the new bulb.
The cost of baking a cake is $6 and demand is estimated to be normally distributed with a mean of 25 and a standard deviation of 4. What is the optimal stocking level?
Elucidate what is the theoretical minimum for the smallest number of workstations which Helms can achieve in this assembly line.
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