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A furniture company makes tables and chairs. A table requires 40 board feet of wood and a chair requires 30 board feet of wood. Wood costs $1 per board foot and 40,000 board feet of wood are available. It takes 2 hours of skilled labor to make an unfinished table or an unfinished chair. Three more hours of labor will turn an unfinished table into a finished table; two more hours of skilled labor will turn an unfinished chair into a finished chair. There are 6000 hours of skilled labor available. (Assume that you do not need to pay for this labor.) The prices of output are given in the table below: Product Price Unfinished Table $70 Finished Table $140 Unfinished Chair $60 Finished Chair $110
1. Formulate a mathematical model for this problem. Be sure to state the decision variables, objective function and all the constraints.
Define Operations management. Explain the key concepts of Operations management with a schematic diagram. Define the term operations management. Briefly explain the strategic role of operations
What is the possible daily output of this "process" if 8 hours of processing time is available each day? Given your output in part a, what is the efficiency of the process? What is the flow time of the process?
Explain which knowledge acquisition strategies would help wind tunnel to gain the necessary intellectual capital. Discuss the particular objectives of purchasing also supply management.
A University Web server has five main components each with the same reliability. All five components must work for the server to function as intended.
Boxes of Honey Nut Oatmeal are produced to contain 16.0 ounces, with a standard deviation of 0.20 ounce. For a sample size of 49, the 3-sigma -x chart control limits are Upper Control Limit (UCL-x) = ounces, Lower Control Limit =(LCL=max
Edgar Schein is one of the most respected authorities on organizational culture and actually claims that the most important thing leaders do is create and manage culture. What opportunities have you had to change or shape the culture of an organiz..
Support your response with solid reasoning. Would you add one or more principles to the list? What principles would you add and why?
General Cho’s breakfast cereal, popular in Asia, consists of a mixture of soy-granola nuggets with wheat crisps. To produce this cereal, the producing company utilizes separate production processes for the soy-granola nuggets and the wheat crisps, an..
Jim Gilbert's Computer Store in Lake Mary sells a printer for $200. Demand is constant during the year, and annual demand is forecasted to be 600 units. Holding cost is $20 per unit per year, whereas the cost of ordering is $60 per order. Currently, ..
Calculate the 3-sigma control limits for the X-bar and R control charts and calculate the control limits based on average daily output
the annual demand for a product is 16400 units. the weekly demand is 315 units with a standard deviation of 90 units.
Consider how changes in information technology have caused a dilemma concerning ethical issues in organizations. Most people would agree that organizations have the right to monitor employees’ personal usage of company assets. This applies to logging..
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