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Formulate the problem as a linear program (define the decisions variables clearly, write the objective function and constraints in terms of those variables.)
Two gasoline types A and B have octane ratings of 80 and 92, respectively. Type A costs $0.83 per liter and type B costs $0.98 per liter. Determine the blend of minimum cost with an octane rating of at least 89.
Hint: The octane rating of the blend equals the sum of the octane rating of each type of gasoline multiplied by its percentage in the blend. For example, a blend of 30% A and 70% B will have an octane level of 0.3(80)+0.7(92) = 88.4 and will cost 0.3(0.83)+0.7(0.98) = 0.935 per liter.
An administrator in a small suburban hospital is concerned with the waiting lines in the emergency room, which is always staffed by at least one doctor. What is the chance that a patient will have to wait for service? What is the chance that a patien..
Organic solvents are a family of compounds that are used extensively in industry. List some examples of organic solvents, and discuss how they are hazardous and what protective measures can be used to control exposure.
To be a true strategic partner, does HR need to take on a more generalized or specialized approach to work? Why? What is the difference between generalized and specialized approaches?
Companies go international for different reasons. What are the four reactive (defensive) reasons to go international? Explain.
Which of the following statements with respect to the early practice of OD is correct?
Four hundred and ten boxes are to be shipped, and each box has a price of $156. Which shipping alternative would you recommend?
Marketing planning must be aligned with the organizational strategic plan and is based on a situational analysis. The marketing planning must also be implemented and controlled.
Do companies change their core values and "morph" into different entities? Take, for instance, Amazon and how it has grown and matured. has its core values changes over time and its culture? How about when firms merge and create a larger organization..
Senior leaders must understand how to motivate employees in a variety of ways. Research major motivational theories, and pick 3 theories to discuss.
Illustrate what do you do if you believe that ethical behaviour requires you to maximize Jay-Mart's profits.
Among the sources of external secondary data for research are sales records, product performance reviews, sales force activity reports, and marketing cost reports. Celebrities such as Michael Jordan, Bart Simpson, and Jimmy Bufffet use "person market..
Describe a non-programmed decision you have made using the rational decision making model. At what point did bounded rationality kick in? What might have happened if you did not accept bounded rationality at some point?
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