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In the former Yugoslavia, Rick met several equally likeable people from different sides of the conflict, making it difficult for him to "take sides." Why is it so tempting to decide who are the "good guys" and who are the "bad guys"? And what are the pitfalls in doing this?
A large bakery buys flour in 25-pound bags. The bakery uses an average of 5 bags a day. The bakery operates 243 days a year
An oil refinery produces two products: jet fuel and gasoline. The profit for the refinery is $0.10 per barrel for jet fuel and $0.20 per barrel for gasoline.
The cost of placing an order to replenish stock is $10 also the annual cost of holding is $4 per book's Stock is received five working days after an order has been placed. No backordering is allowed. Assume 300 working days a year. Illustrate what..
Each regular postal worker works for 5 consecutive days, followed by 2 days off, repeated weekly. Pay per each weekday is $80, and it is $100 for each weekend day. Formulate this problem as a linear program.
Formulate the linear programming (LP) model for this problem by stating the decision variables, writing the objective function, and all the relevant constraints.
Describe a common process related to supply chain management. Illustrate what software tools are available to help plan the process.
Compare and contrast the application of information technology (IT) to optimize police departments' performance to reduce crime versus random patrols of the streets.
Suppose that the Fisher hypothesis holds for an economy that has an expected real interest rate of 2 percent. for each of the expected inflation rates
Elucidate how large a sample size is necessary to estimate proportion of walkers with low blood pressure within 10% with 95% confidence.
Explain how many machines should be purchased to meet the upcoming yr's demand without resorting to any short-term capacity solutions.
She knows that each order for se bills costs $300 for clerical and armored car delivery costs and that order lead time is 6 days. If she were to order 6,000 bills at a time, illustrate what would be average monthly total costs, excluding value of ..
As the pet storeowner was explaining her idea for a promotion, the salesperson asked, "Do you think you should buy 3 or 4 cases of dog treats for your "Pamper Your Pet" promotion?
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