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A company produces two products, A and B, over the months of June, July and August. The total production capacity (expressed in hours) varies monthly. The basic data of the situation is as follows: Demand A (units) 500 June, 5000 July, and 750 August Demand B (units) 1000 June, 1200 July, and 1200 August Capacity (hours) 3000 June, 3500 July, and 3000 August The production rates (in units per hour) are .75 and 1 for products A and B, respectively. All demand must be met. However, demand or a later month may be filled from the production in an earlier one. For any carryover from one month to the next, holding costs of $0.90 and $0.75 per unit per month are charged for products A and B, respectively. The unit production costs for the two products are $30 and $28 for A and B, respectively. Optimize the production costs to meet demand.
Despite no scientific or empirical data to support the trait approach to leadership, many still believe there is an association between leadership behavior and certain traits.
The Good Chocalate Company. Specifications for the 12-ounce bar are 330 grams to 350grams. What is the largest stnd dev, in grams, and still considered capable of ave fill of 340 grams?
In terms of product management, can following the Product Life Cycle philosophy be detrimental or beneficial? State your position and give reasons supporting your view.
You have been asked to research the use of better recruitment practices and a formal disciplinary model to address the increased turnover and disciplinary issues in the maintenance department. Additionally, evaluate the pros and cons for a formal dis..
Keflavik Paper presents a good example of the dangers of excessive reliance on one screening technique (in this case, discounted cash flow). How might excessive or exclusive reliance on other screening methods discussed in this chapter lead to simila..
What are the various ways to determine what variables should be included in a multiple regression equation. Compare and contrast the following processes: forward selection, backward elimination, and stepwise selection.
Using newspaper, magazines, or the Internet, find examples of operations and supply chain strategies. Write a few paragraphs describing the situation and the strategies being pursued.
Describe what would happen to a company’s value chain if all electronic devices and systems suddenly were unavailable and an expected time for resolution time is unknown. How might a company prepare for and manage the risk associated with potential o..
A small design agency you are consulting for will be creating client Web sites and wants to purchase a Web server so they can host the sites themselves. How will you advise them on this purchase?
Postmodernism was introduced in this week’s readings. It can be difficult to clearly define because it has been used to describe a variety of approaches to making art. Artists often looked back at the Modern era in order to comment or reinterpret the..
Identify a credentialed professional in your field of study. Medical assistant students should interview a CMA or an RMA; coding students should interview a CCS or CPC; health information students should interview an RHIT or RHIA; and so on. Conta..
Briefly summarize the key findings or what is understood about this phenomena based on the three articles you reviewed. Briefly identify the "gap"-what do you see as an important, relevant, next step in learning more about this topic that would be ..
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