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The Elixer Drug Company produces a drug from two ingredients. Each ingredient contains the same three antibiotics, in different proportions. One gram of ingredient 1 contributes 3 units, and 1 gram of ingredient 2 contributes 1 unit of antibiotic 1; the drug requires 6 units. At least 4 units of antibiotic 2 are required, and the ingredients contribute 1 unit each per gram. At least 12 units of antibiotic 3 are required; a gram of ingredient 1 contributes 2 units, and a gram of ingredient 2 contributes 6 units. The cost for a gram of ingredient 1 is $80, and the cost for a gram of ingredient 2 is $50. The company wants to formulate a linear programming model to determine the number of grams of each ingredient that must go into the drug in order to meet the antibiotic requirements at the minimum cost. a. Formulate a linear programming model for this problem. Utilize simplex method with excel formulas.
Define the term e-business, and explain at least three practical lessons about effective e-leadership in a virtual organization.
Define (in your own words) what a strategic alliance is. Why do companies enter into strategic alliances? Give an example of one. (Do not use one already mentioned in the DB, or in the textbook). What are some advantages and disadvantages of strategi..
Identify significant elements of an organization motivation plan that encourage high job satisfaction, high productivity, high quality work, and low turnover (i.e., job flexibility, training, recognition).
How are leadership traits and ethics addressed in the business world today?
Determine upper and lower control limits for mean and range charts, and decide if the process is in control.
Floor-On, Ltd., operates a line that produces self-adhesive tiles. This line consists of single-machine stations and is almost balanced (i.e., station rates are nearly equal). A manufacturing engineer has estimated the bottleneck rate to be 2200 c..
What is the Role of Inventory Management in Ford Motor Company's Production Line. Discuss with examples pertaining to Operations Management and Operations Management perspectives. (1500 -2000 words)
When drawing your tree, assume that managers must select a capacity option before they know what the demand level will actually be. Then, calculate the expected value for each decision branch. Which option would you prefer and why
A recently negotiated union contract allows workers in a shipping department 29 minutes for rest, 12 minutes for personal time, and 17 minutes for delays for each four hours worked
Which of three workstations, W, X, or Y, has highest aggregate workload, also thus serves as bottleneck for CKC.
Discuss the impact of involving your employees in decision-making. What are the pros and cons? Should employees be involved in critical organizational decisions?
Effective project monitoring requires access to projects data, and therefore a Project Cost Accounting System (PCAS) is essential. (a) What are the primary types of data collected by such a system? (b) What are some of the benefits of PCAS
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