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A machine shop makes two products. Each unit of the first product requires 3 hours on machine 1 and 2 hours on machine 2. Each unit of the second product requires 2 hours on machine 1 and 3 hours on machine 2. Machine 1 is available only 8 hours per day and machine 2 only 7 hours per day. The profit per unit sold is 16 for the first product and 10 for the second. The amount of each product produced per day must be an integral multiple of 0.25. The objective is to determine the mix of production quantities that will maximize profit.
(a) Formulate an IP model for this problem.
(b) Solve this model graphically.
(c) Use graphical analysis to apply the MIP branch-and-bound algorithm presented in Sec. 12.7 to solve this model.
(d) Now use the interactive routine for this algorithm in your OR Courseware to solve this model.
(e) Check your answers in parts (b), (c), and (d) by using an automatic routine to solve the model.
Learning contract proposal that will form the basis of your learning contract report.
"Change is the only constant " Evaluate the different types of change that have occurred in Sony.
How do advertisers try to use group influence? Will you find any specific examples and explain the relevant theory of group behavior and influence?
You have been appointed by Sony as a consultant on change management. Advise Sony on how they could implement the change by using the various theories of change you have learnt.
The purpose of this project is to help you to gain an understanding of how the stock market works and of the relationship between theory and practice.
Find not only the optimal production quantities, but also the optimal total cost.
Describe the management process and identify the skills required to manage business organizations.
Case Study : Bert's Bonsai and Aquatic Sport Museum Prepare a knowledge management system.
Demonstrate understanding of the many-sided nature of knowledge management
Write a paper on Historical Trends of Management.
Theory of Planned Behavior and Integrated Behaviors Model
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