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Suppose a maximization LP problem has the following four corner points: (0, 0), (10, 0), (5, 5), and (0, 7). If the objective function is X+ 2Y, what is the optimal objective value?
Compare and contrast the moment of methods approach with Monte Carlo simulation. Explain how each might be used on projects of varying size and scope.
Why does corporate America have human resource planning?
ABC Co manufactures a subcomponent at the rate of 400 per day when required. Its annual demand for this item is 50000 unites. Assume 250 working days per year. Holding cost is $10 per unit per year. Set-up cost is $150 per set-up.
Create a Communication Plan for the proposed change covered in the Change Management Plan. In the Communication Plan, complete the following
Discuss this impact in terms of an organization with which you are familiar. How does the supply chain affect each of these components, or does it? Make sure that you support your answers with research from the text book or other sources.
define decision variables that will tell how many units to build (windows and doors)
Every time an order is placed for more items X, it costs $10. Whenever item X is ordered, Illustrate what should be the order size. Illustrate what is the annual cost for ordering item X.
How does the Work Breakdown Structure (WBS) differ from the project network and how are they both linked?
The lead time for paper delivery is normally distributed with a mean of 4 days and a standard deviation of 1 day. A 97% service level is expected. Compute First's ROP.
Prepare a bubble chart, weighting the bubbles by the number of employees. Choose an arbitrary weight for the size of the management center. Be sure you clearly identify the x, y coordinates for the training facility.
Johnson was asked to bid on a follow-on contract for another dozen receiver/transmitter units. Ignoring any forgetting factor effects, illustrate what should Johnson estimate time also parts costs to be for the dozen units.
For you personally, do you consider employee empowerment and participation important? Would you take a job where you are not empowered?
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