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A farmer has 10 acres to plant in wheat and rye. He has to plant at least 7 acres. However, he has only $1200 to spend and each acre of wheat costs $200 to plant and each acre of rye costs $100 to plant. Moreover, the farmer has to get the planting done in 12 hours and it takes an hour to plant an acre of wheat and 2 hours to plant an acre of rye. If the profit is $500 per acre of wheat and $300 per acre of rye how many acres of each should be planted to maximize profits?
boralis manufacture backpacks for hikers. the demand for its products during the peak period of march to june of each
Develop a three-week moving average for this time series. Compute MSE and a forecast for week 8. Use a = 0.2 to compute the exponential smoothing values for the time series. Compute MSE and a forecast for week 8.
Negotiations between parties with an existing personal or business relationship involve consideration of three elements defining that relationship: reputation, trust, and justice. Briefly define the three terms reputation, trust. Justice how they rel..
What are three nontraditional barriers to entry associated with entrepreneurial firms? Describe the barriers in your own words and explain which barrier you think would be most effective in the health care industry. What types of intellectual propert..
A computer manufacturer purchases microchips from a world-class supplier. The buyer has a lot tolerance proportion defective of 12 parts in 5,500, with a consumer’s risk of 15 percent. If the computer manufacturer decides to sample 2,100 of the micro..
Attitudes are usually considered to lead to behavior. However, in some cases a behavior may change an attitude. Explain the theories behind this phenomenon. Consumer Behavior
Describe the six phases of the project procurement management process. part 2 : using a simple decision such as painting your home, list what you would do to under each project procurement management step part 3 : the buyer determines the contract pr..
Answer the following ellaborating on the different elements that encompass good commuication strategies when dealing with an international project where not everyone speaks the same language
A company is reviewing its inventory policies and notes that they use the basic fixed-order quantity model but make use of safety stock since demand for some items is variable. Determine the optimal order quantity, the total annual cost, the safety s..
Grant Borman, who is managing a construction project, leased a crane from Allied Equipment, Inc., and hired Crosstown Trucking Co. to deliver the crane to the construction site. Crosstown, while the crane was in its possession and without permission ..
Identify the top two leadership points you would want to share at the workshop, and discuss why you selected those points.Address two additional leadership traits that can assist in managing conflict and improve communication within the organization.
Develop a listing of what you believe are the most important metrics for operations managers. (Hint: Be sure to consider the triple bottom line.) Howdoes each metric support the overall financial performance of the organization?
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