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The Rockhead Quarry produces four types of stone sculptures: Figures, Figureines, Free forms, and Statues. Each product sells for the price below and requires the following hours of work for cutting and chiseling stone and polishing the final product: Type of Product Operation
Figures Figurines Free Forms Statues
Cutting 30 5 45 60
Chiseling 20 8 60 30
Polishing 0 20 0 120
Price 280 40 500 510
All products will be sold. Rockhead Quarry work force has production capacity to allocate 300 hours to cutting, 180 hours to chiseling and 300 hours to polishing in any week. Create and solve a linear program to maximize the weekly profit in Excel. (Assume that the quarry can make and sell fractional numbers of each product).
Phelps Petroleum Company must decide between two methods of processing oil at a refinery. Method 1 has fixed costs of $22000 for depreciation
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Is the United States still productive and/or competitive in manufacturing from a World Class standpoint? Please support and cite your answer.
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three opportunities and three threats that could represent key factors facing your college or university
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An analyst is making a time study. What is the sample size if he wants to be 95.5% confident that the maximum error in the observed time is 2 seconds? Assume that the standard deviation of the task time is 6 seconds.
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