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Kings Department Store has 625 rubies, 800 diamonds, and 700 emeralds from which they will make bracelets and necklaces that they have advertised in their Christmas brochure. Each of the rubies is approximately the same size and shape as the diamonds and the emeralds. Kings will net a profit of $250 on each bracelet, which is made with 2 rubies, 3 diamonds, and 4 emeralds, and $500 on each necklace, which includes 5 rubies, 7 diamonds, and 3 emeralds. Formulate as an LP problem to maximize profit?
Who has succeeded and failed in the industry and why? What are the critical success factors?
Despite no scientific or empirical data to support the trait approach to leadership, many still believe there is an association between leadership behavior and certain traits.
What average number of persons can be expected to be in the system?
Discuss fully, the best strategic plan one of your employer's has (had) and the worst strategic plan one of your employer's has had. Do not name the organization, just use XYZ.
If the lead time for the parts is seven weeks, (35 days) what is the reorder point?
What would you do in Hanna's place?
An electrical appliance A consists of three major components: B, C and D. One unit of A consists of two units of B, one unit of C, and three units of D.
Examine the concept of product life cycle analysis. Provide one example of the way in which this analysis can help an organization to determine whether to continue offering a specific service to the community it serves.
An assembly line with 7 tasks is to be balanced. The longest task is 8 minutes, the shortest task is 2 minutes, and the sum of the task times is 53 minutes.
What triggered the new product strategy at Minnesota Biolabs? What prediction would you make for the success of getting the country general managers in Europe and Japan to adopt the new product?
Production hall was not cleaned and it was leaving a very bad effect on the health conditions of workers, resultantly, they were unable to work efficiently and effectively.
Explain how a product's life cycle has important implications in terms of process design and choice.
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