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The Elixer Drug Company produces a drug from two ingredients. Each ingredient contains the same three antibiotics, in different proportions. One gram of ingredient 1 contributes 3 units, and 1 gram of ingredient 2 contributes 1 unit of antibiotic 1; the drug requires 6 units. At least 4 units of antibiotic 2 are required, and the ingredients contribute 1 unit each per gram. At least 12 units of antibiotic 3 are required; a gram of ingredient 1 contributes 2 units, and a gram of ingredient 2 contributes 6 units. The cost for a gram of ingredient 1 is $80, and the cost for a gram of ingredient 2 is $50. The company wants to formulate a linear programming model to determine the number of grams of each ingredient that must go into the drug in order to meet the antibiotic requirements at the minimum cost. a. Formulate a linear programming model for this problem. Utilize simplex method with excel formulas.
nbspnext year jenkins traders will pay a dividend of 3.00. it expects to increase its dividend by 0.25 in each of the
Bottleneck method refers to maximizing the contribution margin per minute at the bottleneck for each product and what is the fewest number of workstations that you need?
Explain what these tools are and how they are used. What are the benefits of each example for managing production of goods and services for the company
The government spends a large amount of money each year on contracts. In fact, the federal procurement department spent over $425 billion in the fiscal year 2006 with over $33 million on Lockheed Martin Corporation alone.
within the last couple years several cosmetics manufacturer shave introduced non-clumping mascara. revlon was one of
Describe the Five Stages of Skill Acquisition and how it relates to knowledge creation and creating a learning organization.
Providing education to the public regarding energy information, new technology updates, monitoring viable new start-up energy companies and providing a public forum for complaints on its website.
as a manager what factors do you consider when determining the most effective way to communicate a message to you
Sunny Park Tailors has been asked to make three different types of wedding suits for separate customers. The table below highlights the time taken in hours for (1) cutting and sewing and (2) delivery of each of the suits
Should producers of software-based services, such as ATM's, be held liable for economic injuries suffered when their systems fail?
write a 5 3-7 page double spaced reflective essay discussing your philosophy of management control and leadership.
Total material costs for the 400 units are $5,000. Weekly overhead is charged at the rate of 1.5 times the labor costs. What is the multifactor productivity for the week?
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