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Berlin Becker, personnel No. 1002, is a Sales representative in Office 1100, Group 300 of Sales Organization No. 1200. He receives orders for the Pump UDP-500, the main product of the Hamburg Plant (No. 1000) of the IDES. After compiling all the orders, he came up with the following aggregate requirements for the next six quarters. Quarter: 1 2 3 4 5 Demand: 1800 5000 8000 6000 2500 Producing one unit costs $30 on regular time of labor hour and $40 on overtime. The current level of inventory is 400 units. Holding one unit in inventory per year costs $5 charged on the average inventory. Shortage cost is estimated as $50 per unit per quarter. Each quarter has 450 hours. The firm has 22 workers now. Each worker can produce 120 units in regular time per quarter. Hiring one worker costs $1500 and laying off costs $2500. Overtime is restricted to 15% of the regular workforce. (Clearly state any assumption you made) 1. Find the aggregate production and workforce planning using Chase, Level and mixed strategy. Which method will provide minimum cost? 2. Develop a Linear Programming (LP) formulation for the aggregate production plan and workforce plan. 3. Solve your formulation. 4. Write a report detailing your production and workforce schedules as obtained from the LP solution. 5. Discuss about any other alternative approaches for this aggregate planning and workforce planning.
Denny Dipstick, a part-time doorman for Ace Bar and Grill, was told by the bar’s manager to “show up to work tonight in case we need you as a doorman.” Dipstick came to the bar that night wearing a jacket with the bar’s logo on it. Identify each of t..
compare the differences among the three major theoretical perspectives in sociology structural-functionalism conflict
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What is systems development? List the main activities in systems development.
What is the future worth of total revenue at the end of 3 years in actual dollars if the real interest rate is 2% per year and the average rate of inflation is 11.25% per year?
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Assess the impact to the company's financial performance based on the impropriety and the resulting effect to stakeholder confidence in management, recommending how the company can minimize the resulting impact to the business.
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Does innovation tap into something unique about the human condition that allows us to focus on something greater than ourselves? If so, what does this say about tapping into our nature as humans to encourage others to engage in creative endeavors and..
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