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Each hour from 10 A.M. to 7 P.M., First National Bank of Gainesville receives checks and must eventually process them. Its goal is to process all checks the same day they are received. The bank currently has 20 check processing machines, each of which can process up to 400 checks per hour. It takes one worker to operate each machine. This bank hires both full-time and part-time workers. Full-time employees work 10 A.M. to 6 P.M., 11 A.M. to 7 P.M., OR noon to 8 P.M., and are paid $180 per day. Part-time employees work either 2 P.M. to 7 P.M. OR 3 P.M. to 8 P.M., and are paid $90 per day. The number of checks typically received each hour is 2500 between 10-11, 3000 between 11-N, 3500 between N-1, 4000 between 1-2, 4500 between 2-3, 5000 between 3-4, 4500 between 4-5, 4000 between 5-6, 3500 between 6-7, and 3000 between 7-8. Formulate and solve a linear programming model in Excel to develop a work schedule that processes all checks by 8 P.M. and minimizes daily labor costs.
GX Corporation is developing a new innovative product. To launch the product, fixed costs are set at $140,000. Variable Costs are set at $75. They desire to break even by selling 1,000 units.
Consider the major findings of the research on human factors in project implementation. What common themes seem to emerge from the research of Baker, Morris, and Pinto?
Starbucks is one of the best known coffeehouse chains in the world. Each store sells a variety of innovative products to complement the array of coffee choices available.
S time-depended logistics the right strategy for each organization. Illustrate what are the benefits also barriers (short also long term) to this proposal for both Woodmere.
The paper should focus on the systemic nature of the organization and how the change will improve the effectiveness of the organization, its processes and the productivity of the employees.
Another explanation for the action was that the partnership was getting more and more foreign clients and foreign clients prefer dealing with men.
What are your thoughts on this? What are the parameters and the potential implications for failure to adhere to those parameters?
Identify five key economic variables that could represent major opportunities or threats to a bank in your town or city.
Excelsior, Inc., makes water treatment machines for homes. These machines are referred to as EXCELA, also Excelsior, Inc. is trying to decide.
Describe the type of information that needs to be exchanged between the partners in each pair of partners. What 15 each organization looking for in its information systems?
Your Organization has added a new dealership line to receive the key fob remote. The projected sales for the next six months are 150,000 cars, needing two fobs each. Consider explain how this affects capacity planning.
M-Bike, Inc. is a Seattle based firm that supplies high-end mountain bikes. Consumers in Lalaland have recently discovered the joy of biking. Thus, M-Bike is considering expansion into Lalaland.
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