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Examine your current organization's process of strategic management. How effective is this process relative to the organization's performance? What factors contribute to its effectiveness or ineffectiveness?
How do you formulate this as a goal programming problem? Suppose that all of goals are equally important. Mick Garcia, a certified financial planner (CFP) has been asked by client to invest $250,000. This money may be placed in stocks, bonds, or a m..
Customers arrive at Paul Harrold's Styling Shop at a rate of 3 per hour, distributed in a Poisson fashion. Paul can perform haircuts at a rate of 5 per hour, distributed exp1ntially. Find out average number of customers waiting for haircuts.
The organization needs to describe the number of chairs also table to produce each day in order to maximize profit. Formulate a linear programming model for this problem.
If the vendor is willing to offer a discount of $10 per order for ordering multiples of 50 units (e.g. 50, 100, 150), would you advise the manager to take advantage of the offer in either period?.If so, illustrate what order size would you recomme..
On each part, a backup can be installed for $30, and has a reliability of 50%. Should the company install the backup?
She must be able to pay cash for all corn at the time of purchase. Use linear programming to decide explain how Alexis can maximize her cash on hand at the end of April.
A restaurant is faced with the challenge of communicating to its employees a significant change in service also style. Which method is LEAST effective for communicating this change.
9-9. One unit of A is composed of two units of B and three units of C. Each B is composed of one unit of F
What is the optimal solution? You should be able to determine this by inspection. If the linear program has multiple optimal solutions, identify the optimal solution set
You are a manager of Bank of America and have to decide to open new branches in Oklahoma. You have no idea about the number of new accounts that would be opened (Uncertainty).
Discuss the market and manufacturing requirements that make apporpriate to use MRP and Just-In-Time.
The FDA claims it has the right to classify new products as drugs and prevent their distribution until their safety is determined and approved for sale on the open market. Digesti-Aid disputes the FDA's decision and wants to bring a lawsuit to cha..
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