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A coffee maker vendor has set up two coffee machines, Machine 1 and Machine 2, inside an organization. The service cost incurred on Machine 1 and Machine 2 is $100 and $80, respectively. The production cost of coffee is $2 per mug for Machine 1 and $3 per mug for Machine 2. There is no service provided by the vendor on Sundays. The weekly production capacity is 1000 mugs for Machine 1 and 1200 mugs for Machine 2, and thereafter the machine needs to be serviced before any extra mug of coffee is to be served. Due to Christmas, the employee attendance at the organization is going to be low and only one machine has to be used to serve at least 800 mugs of coffee in that week in order to minimize the total cost.
Formulate and solve the integer programming model that could be used to determine the coffee machine which minimizes the cost (give decision variables with specific constraints, and Excel Solver solution)
Stan estimates which it will cost $15,000 to set up the process also then $1.82 per unit for labour also materials. Either choice would have the same cost at approximately describe how many units.
Assume that you have recently been hired as the director of continuous improvement of a company. You are an outside hire with limited history of the firm and personal capital at the firm, and you are responsible for lean production, total quality ..
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Formulate this problem as an LP model in a spreadsheet and solve using Solver. How many dehumidifiers should be built in Atlanta, next month? How many in Phoenix?
Variable cost per unit is $20. Revenue per unit is projected to be $35. There is a fixed cost of $30,000.
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"It was horrible,” said the distraught client. “No matter how many times I provided the information, no one listened to me. And they obviously didn’t listen to each other either, because they used the wrong meds . . . again.” Construct a process ?ow..
The Multifacted Garden Store uses two forecasting techniques to predict annual national sales of their lawnmowers at their various franchises.
Hottenstein, Griffith, and Hult, attorneys at law, do a great deal of printing. The firm uses a single type of printer with annual demand for print cartridges of 480 per year.
Which of the competencies do you think is most important and the least important? Support your answer with an example from your experience (either working in a healthcare team or if you/your family/friends when treated by a healthcare team) including..
The grocery industry has an annual inventory turnover of about 14 times. Organic Grocers, Inc. had a cost of goods sold last year of $10.5 million; its average inventory was $1.0 million. What was Organic Grocers’s inventory turnover, and how does th..
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