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This is the slack time of the year at Iota Inc. The company would actually like to shut the plant down, but if the they do, the highly skilled and trained core employees would likely be picked up by a competing company which is undesirable. The company could keep the core employees busy by producing (at a minimum) 10,000 round tables per month, or by making 20,000 square tables per month, or some ratio thereof. Iota does however have a standing contract to produce 5,000 square tables per month. Handling and storage costs per round tables are S10 and per square table are S8. Formulate a linear program to minimize the costs. Hint: Let x1-the thousands of round tables per month and let x2 = the thousands of square tables per month. Solve graphically to determine the optimal quantities and cost. Ans-x1 7500, x2 5000, z-115,000.
The health information industry has created standards that define the exchange of patient and medical data between applications.
What do you say to a coworker who does not share your moral or religious views concerning abortion? In addition to the question above, have you thought about how a moral/religious issue like abortion could impact your chosen health care field?
There are various combinations of product/communications strategies available to global marketers. Research and discuss several companies that you think exhibit successful strategies in their global communication strategies.
Consider a firm that makes bags of Jelly Belly jelly beans. If the mean (target) of the process is 350 jelly beans, is the process capable?
The Trapp Family Lodge, Inc. (TFL), was incorporated in 1962 as a holding company for certain assets of the Vond Trapp family, including the Trapp Family Lodge, a resort hotel in Stowe Vermont, and other assets, including certain royalty rights relat..
Evaluate the two fast-food restaurants you selected in Part 1 of this discussion in terms of the "Seven QC tools". Determine the top three QC tools that tend to be most valuable to business owners. Explain your rationale.
Using an organization with which you are familiar, describe if their efforts at external scanning appear to be organized and relevant for changing strategies and goals (even small businesses tend to talk about. what if a competitor does xyz?). Do you..
what legal basis could he possibly recover damages fro his injuries and from whom?
What prompted the decision to form NUMMI? How did the joint venture benefit Toyota? What did the arrangement mean to General Motors?
Which of the following is NOT TRUE regarding cost leadership strategy?
There has been a significant shift in gender roles in philanthropy over the past decade.
What type of decision is routine and repetitive and often has well-defined procedures for dealing with them? What term describes a simple choice among alternatives? What type of decisions are novel and do not have agreed upon procedures for making th..
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