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A furniture manufacturer wishes to determine how many tables, chairs, desks or bookcases he should make in order to optimize the use of his available resources. These products utilize two different types of lumber, and he has on hand 1,500 board feet of the first type and 1,000 board feet of the second type. He has 800 man-hours available for the total job. His sales forecast plus his back orders require him to make at least 49 tables, at least 130 chairs, at least 30 desks and no more than 100 bookcases. Each table, chair, desk and bookcase requires 5, 1, 9 and 12 board feet, respectively of the first type lumber and 2, 3, 4 and 1 type of the second type. A table requires 3 man-hours to make, a chair 2, a desk 5 and a bookcase 10. The manufacturer makes a total of $12 profit on a table, $5 on a chair, $15 on a desk and $10 on a bookcase.
Develop a material requirement plan for the next 7 weeks for items B and C.
A manager must decide how many machines of a certain type to purchase. Each machine can process 100 customers per day. One machine will result in a fixed cost of $2000 per day.
A researcher looks at moving average data on store sales a wishes to perform a multiple regression of interest rates and disposable income. What is a particular concern when performing time series multiple regression? a. homoscedasticity b. autocorre..
Choose one of Porter’s five forces. Discuss the characteristics of the airline industry within this framework. Does your selected market force result in higher or lower airline profits?
Identity the following as you complete this activity. How many hrs are worked weekly? Monthly ? Annually ? What is the annual salary by position? How much will your losses cost for each position? For all losses?
Discuss the attributes of the customer benefit package that apply to students of a college. Explain why each point does or does not apply. A customer benefit package (CBP) is a clearly defined set of tangible (goodscontent) and intangible (servicecon..
Priority in production planning relates to:
The Toledo Mudhens, a minor league baseball team, breaks an average of seven bats per week during a 38 week season. The team purchases it bats from a national supplier. The order cost is $185 and the annual holding cost is 24 percent of the purchase ..
You have just been assigned as you organization's training manager asnd must conduct a new needs assessment for a new project. Describe the method you would use. Please provide references and resources.
In your own words, please explain how culture can impact solutions to problems of external adaptation and internal integration. Please apply this notion to a real-world example of a company that either ‘did’ or ‘should have’ considered culture when s..
comment on the relationship between authority and responsibility under three possible sets of conditions: authority exceeds responsibility, responsibility exceeds authority, and authority and responsibility are equal.
The human resource department was created by a governor of one of the fifty states. The reorganization consolidated 19 separate units into The Bureau for Administration and Operations.
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