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The optimal solution of the linear programming problem is at the intersection of constraints 1 and 2. Max 3X + 3Y s.t. 2X + 3Y < 12 6X + 3Y < 18 X , Y > 0 a. What is the range of optimality for product X? b. What is the range of optimality for product Y?
Mikey W. Smitty is confident that demand for his “Western Rap” CD will substantially exceed the breakeven point computed in Problem 6-3. So, Mikey is contemplating having his CD cut at a classier (and pricier) studio. What is the breakeven point for ..
Which of these methods of encouraging growth would you suggest for the typical company in Hong Kong and Singapore - Explain the rationale for your choice.
Contrast the location of a food distributor and a supermarket. (The distributor sends truckloads of food, meat, produce, etc. to the supermarket.) Show the relevant considerations (factors) they share; show those where they differ.
geographical sales organization would NOT be the best strcture
Some argue that the only people who can legitimately appraise the quality of a decision are the deciders. Others claim that it must be the bene?ciaries. Still others say that people who had absolutely nothing to do with a decision are in the best pos..
Use the following data for this Forecasting Problem and use the Exponential Smoothing Forecast Technique with an alpha value of 0.75. What is your forecast for period #5? What is the Reorder Point with Safety Stock? How many Part B's will be required..
You’re leading a project to migrate customer data (biographical, billing, and orders) from the legacy system to an off-the-shelf product sold by MicroTech. When is cross-training important in an organization to fill positions needed in projects?
It is quite possible that when you solve a linear programming application you may get fractional values for the decision variables as an optimal solution. For example, if your decision variables are how many trains and buses to run daily to meet expe..
Analyze Klimpton's strategy for being environmentally friendly. Determine how this strategy helps Klimpton make supplier channel decisions and manage the waste from its hotel and restaurant operations.
The manager of Haines Company observes that the morale of employees in her company is low. She thinks that if their working conditions are improved, pay scales raised, and the vacation benefits made attractive, the morale will be boosted. List and la..
The forecasting department, traditionally reporting to the sale manager, has historically seen a forecast accuracy of about 60%, and this in turn causes problems for the following departments:
Assuming that you are representing union members from either a German or Mexican company that recently entered into an international joint venture with each other. The new business is to be located in Mexico and the union workers, all line supervisor..
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