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The Deckers Clothing Company produces shirts and pants. Each shirt requires 2 yards of cloth and each pair of pants requires 3 yards of cloth. During the next two months the following demands for shirts and pants must be met on time: Month 1, 140,000 shirts and 180,000 pairs of pants; Month 2, 140,000 shirts and 180,000 pairs of pants. During Month 1 1,200,000 yards of cloth are available for purchase, and 900,000 yards of cloth is available for purchase in Month 2. Of course, Deckers can elect to purchase less than these amounts. In each month it costs $4 to make an article of clothing on regular time and $6 to make an article of clothing on overtime. Additionally, only 400,000 articles of clothing can be produced in each month on regular time, but an unlimited number can be produced on overtime. At the end of each month a holding cost of $2 per article of clothing is assessed. Formulate and solve the mathematical programming model to determine how to meet demand for shirts and pants at the minimum possible cost. Assume there are 10,000 shirts and 20,000 pairs of pants available in inventory at the beginning of Month 1.
Which one of the following is an attractive and effective way to reduce the production, marketing, and other costs of entry-level cameras and help achieve a low-cost competitive advantage over rival companies based on lower overall costs per entry-le..
Find some business journal articles that deal with culture and international expansion. Find one that lists some hypotheses. What kinds of decisions might be assisted by the results of testing these hypotheses?
A college instructor is pursuing her doctorate in night school. To gain extra time for her own studies, she gives her students the same lectures, the same assignments, and the same examinations semester after semester without the slightest effort to ..
Rachel Myers was in the process of finalization her plans for the upcoming year. As general manager of the Plasticizer Division, she needed to establish the marketing strategy for each of the four main product groups. what impact might Vestey Chemica..
You are hired by a prefabricated buildings manufacturer and your first job is to calculate the cost of 100 prefabricated structures. Each structure has 1,000 square feet of floor space and 8 foot ceilings.
Where was the problem with the Burger King franchises in implementation, execution and evaluation of the fry? Who has superior leadership and culture for strategic purposes Burger King or MacDonald?
In a continuous inventory system an order is placed for a variable amount whenever the inventory on hand falls to a predetermined level
Currently, industry has 20 projects per year and each senior designer can handle 6 projects per year. Illustrate what is current labour utilization of senior designers. Illustrate what do you recommend.
A fragmented industry is one in which, All of the following are skills or resources that foster rapid response (speed) EXCEPT: Retrenchment is typically accomplished through: The extent to which a business concentrates on a narrowly defined market, i..
How does safety management address fatigue issues yet accomplish the job without incurring more costs in the company
Barbara Flynn is in charge of maintaining hospital supplies at General Hospital. During the past year, the mean lead time demand for bandage BX-5 was 60 (and was normally distributed). Furthermore, the standard deviation for BX-5 was 7. Ms. Flynn ..
a determine the manner in which the project manager and project team uses the wbs to develop a reliable bottom-up
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