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The Aggie Manufacturing Company can sell their three products for $200, $300 and $240, respectively. They can sell all that they can make each period. There are two restricting conditions on the number that can be produced in any period: raw materials and labor. There are 40 units of raw materials and 40 hours of labor available each period. Raw material costs $35 per unit and labor costs are $20 per hour. Only used materials and labor are to be considered in this analysis. Product 1 uses 3 units of raw materials and 20 minutes of labor per unit produced, product 2 uses 2 units of raw materials and 17 minutes of labor per unit produced, and product 3 uses 4 units of raw materials and 19 minutes of labor per unit produced. If product 1 is produced a setup cost of $40 is incurred, product 2’s setup cost is $35, and product 3’s is $28. Formulate an integer/continuous linear model to maximize profits for the Aggie Manufacturing Co.
A power Corporation in Missouri can buy coal for its generating plants from western mines in Utah or from eastern mines in Pennsylvania. Elucidate what is value of transportation from western mines.
Effective human resources professionals have a solid understanding of the changing nature of work and the workplace
Deere & Company exports tractors to Spain, but the strong dollar against the Euro hurts sales of Deere Tractors in Spain. In the Spanish market, Deere faces competition from German and Italian tractor makers, such as Fendt and Claas, whose operating ..
What is organizational politics all about? Why do people tend to see organizational politics as negative? Could an organization really exist without organizational politics? What are the characteristics and skills of good political players?
Pick two (2) items in the ISM Principles and Standards of Ethical Supply Management Conduct and IFPSM Code of Ethics and then explain how you could do better or improve on in your current practice. Explain the actions you might take when your company..
Ben and Betty Bickerson used Fanny and Henry’s BB as the location for celebrating their 37th wedding anniversary. The celebrants took over the B and B for the weekend and had a great time honoring Ben and Betty for their milestone achievement. Switc..
Discuss the role of sensitivity analysis in LP. Under what circumstances is it needed and under what conditions do you think it is not necessary?
Develop a forecasting model, justifying its selection over other techniques, and project attendance through 2014. What revenues are to be expected in 2013 and 2014. Discuss the school's options. Case Study (Southwestern University) Southwestern Unive..
Many organizations implement assurance-layering strategies to mitigate the risks they face to acceptable levels. One such strategy is the three lines of defense model. Describe the first and second lines of defense included in this model. Explain wha..
Discuss the advantages and potential risks of such an approach, using specific examples to support your response.
Explain how the management practices of planning, leading, organizing, staffing, and controlling are implemented in your workplace. If you are not currently working, you may use a previous employer.
Calculate a schedule using least-total-cost lot sizing. What are the savings with this new Schedule?
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