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A company produces two products A and B over the next three months. The demand of both the products as well as the company's production capacity (in hrs) varies each month The production rates in units per hour are 0.75 and 1 for products A and B, respectively. All demands must be met; however the company can produce more in earlier months to fill the demand of later months. The holding costs per unit per month are $0.90 and $0.70 for products A and B, respectively. The unit production cost for the two products are $30 and $28 for products A and B, respectively. Formulate the LP problem that can generate the optimum production schedule.
You make a good case for involving management at all levels in the strategic planning process. Should we take this a step further by including non-management employees as well. If so, what are some companies and industries where this may be appropria..
What internal problems result from the current planning and control policies? In particular, analyze stock turns and availability.
Why is it important for everybody to have a gym membership? do a diagnostic on how many people in the united state that have a gym membership?
Bazerman and Moore suggest that we should understand the biases of others. Discuss this concept in terms of why it is important for us to understand other peoples' biases. In your discussion, focus on how you might be able to improve your decision-ma..
A 1,500-foot subdivision street is to be constructed. The layout will be completed in three days; the fill will be brought in over the course of eight days; the compaction/grading will be completed in five days; the asphalt topping will be done in th..
or the month of November, 2010, the firm has generated the 150 orders, 75 of each type. Assume one month equals 20 days. What is the effective capacity of the process
Assume you are the hotel manager of Miramar Hotel. The air conditioning has stopped functioning on one of the busiest and hottest weekends of the year. You need to explain the situation and what you are going to do (or have done) about it to three au..
List and describe any five initiatives to provide excellent customer service. Discuss the customer's perception of quality. Discuss any five tips that would help employers/employees to provide quality customer service.
Explain how a decrease in setup time can lead to a decrease in average amount of inventory an industry holds. Illustrate what do you think. Under illustrate what conditions (if any) should a business install a forced-distribution rating system for ..
Audits are commonly associated with the financial and accounting records of the business. Using the publicly available financial statements of Mcdonald's
Determine the optimal shipments that will minimize total production and transportation costs for the apparel company.
Does compensation motivate behavior? Do people join a firm because of pay? Do people stay in a firm or leave a firm because of pay? Do employees agree to develop job skills because of pay? Do employees perform better on their jobs because of pay? Pro..
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