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Boralis manufacture backpacks for hikers. The demand for its product during the peak period of March to June of each year is 100, 200, 180 and 300 units, respectively. The company uses part time labor to accommodate fluctuations in demand. It is estimated that Boralis can produce 50, 180, 280 and 270 units in March through June. A current month’s demand can be satisfied in one of the three ways: • Current month’s production at the cost of $40 per pack. • Surplus production in an earlier monthly at an additional holding cost of $0.50 per pack per month. • Surplus production in a later month (back-ordering) at an additional penalty cost of $2.00 per pack per month. Boralis wishes to determine the optimal production schedule for the four months.
1) Set up the Transportation Table,
2) Model for this TP,
3) Use NW corner and least cost methods to find the initial feasible solutions,
4) What is the optimum solution?
The Ajax Corporation would like to know the average age of its employees. The average age of a sample of 100 employees is 28 years with a standard deviation of 6.5 years.
The Final Paper provides you with an opportunity to integrate and reflect on what you have learned during the class. The question to address is: "What have you learned about statistics?" In developing your responses, consider - at a minimum - and ..
Assuming that Ambit is a willing acquisition target and alliance partner, what are two factors that Pfizer should consider while choosing whether to acquire Ambit or collaborate with it?
Differentiating between Parent-Country Nationals (PCNs) and Third Country Nationals (TCNs)" Please respond to the following: Examine the two (2) main approaches to international compensation, and determine the advantages and disadvantages of each. De..
we have spent time discussing the delivery methods for a project. now its time to focus on the different types of
Determine which project might be implemented and why (e.g. feasibility study, breakeven analysis, etc). Describe the five phases of a project
While the three business level strategies discussed in the text are important, how those strategies be implemented in different types of industries is problematic. Each specific industry is characterized by 1) fragmentation, 2) growth, 3) maturity, o..
For this Assignment, identify an agency or organization and describe a program that you will be evaluating. When selecting the agency or organization, try to stay small and local. The smaller the agency or organization you select, the more likely ..
A large scale pharmaceutical manufacturing company estimates, based on a shipping fee of $1000 per order, that they can optimally balance inventory holding costs and shipping costs for one of their frequently used chemicals if they receive shipments ..
Safety inventory of coal also MRO materials is kept at twice the consumption during the lead time of supply. Illustrate what mode of transport do you recommend for each of the two products.
will increases in energy costs affect initiatives such as the triple bottom line and environmental sustainability?
Describe the evolution of the virtual organization. What are the pros and cons associated with this design? Provide examples of three technological devices/concepts that have had the greatest impact on virtual organizations.
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