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Summarize the major advantages and limitations of a conjoint study for new product design.
Illustrate what is Capacity balance. Why is it hard to achieve. Illustrate what are methods used to deal with capacity imbalances.
How is strategy different from a business model? How is it similar?
Determine optimal quantities of decision variables. Which resources are not completely used by your solution. Elucidate how much of each resource is unused.
A company can produce a part it uses in an assembly operation at the rate of 90 an hour. The company operates eight hours a day, 300 days a year. Daily usage of the part is 500 parts. The company uses the part everyday. The annual holding cost is $4...
Daniel Trumpe has computed the EOQ for a product he sells to be 400 units. However, due to recent events he has a cash flow problem. Therefore, he orders only 100 units each time he places an order.
Eric Johnson (using data from Problem 1.6) determines his costs to be as follows: • Labor: $10 per hour • Resin: $5 per pound • Capital expense: 1% per month of investment •
For the linear program Max 3A + 2B s.t. A + B ? 4 3A + 4B ? 24 A ? 2 A - B ? 0 A, B ? 0 Write the problem in standard form.
Resistors for electronic circuits are manufactured on a high-speed automated machine. Machine is set up to produce a large run of resistors of 1,000 ohms each. illustrate what comments can you make about process.
If, at most, 10 consultants are to be assigned to a home office, where should the offices be setup. Explain how many consultants should be assigned to each office. Illustrate what are the annual prices of this network.
Illustrate what information does Flextronic have which its clients do not. Explain how can Flextronic leverage this information. Explain how does IBM manage its suppliers in order to make its pull strategy more effective.
Write down the full integer-linear programming model. Underneath your mathematical optimization model,briefly explain the objective function and constraints
The following is a payoff table giving profits for various situations. States of Nature Alternatives A B C Alternative 1 100 120 180 Alternative 2 120 140 120 Alternative 3 200 100 50
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