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Two models of a product - Regular (X) and Deluxe (Y) - are produced by a company. A linear programming model is used to determine the production schedule. The formulation is as follows:
The optimal solution is X=100, Y=0.
Which of these constraints is redundant?
a. the third constraint
b. the second constraint
c. the first constraint
d. All of the above
e. None of the above
In what ways has Samsung's multi business model changed over time? Why did top managers make these changes?
On their farm, the Friendly family grows apples that they harvest each fall and make into three products-apple butter, applesauce, and apple jelly. Propose a linear programming model for this problem. Solve the model by using the computer either ex..
Discuss the pros and cons of central banks setting policy based on rules as opposed to setting policy based upon the discretion of policymakers at each policy meeting.
Your manager tells you that the best way of ensuring fairness in reward distribution is to keep the pay a secret. How would you respond to this assertion? (be specific)
illustrate at what center of gravity coordinates should the new store be located. Census tracts 103 and 105 are each projected to grow by 20% in the next year. Explain how will this influence the new store's coordinates.
The PMI Code of Ethics is made up of four areas: responsibility, honesty, respect, and fairness. Discuss the area of respect and what it means for you, the project manager.
The time to perform the first instance of a task is 6 hours. How much time will it take to perform the 5th repetition if the learning rate is 80%?
What would be the total payoff if the heart lab were funded in both the first and second years?
The production manager at company XYZ needs to prepare forecasts of product demand in order to plan for appropriate production quantities. In the past, demand for the product has been strongly dependent on the effort put in advertising and promoti..
Explain why you believe the strategy you disagree with is ineffective or ill-advised. Suggest how you would alter the strategy to improve it.
Sutton Corporation, which has a zero tax rate due to tax loss carry-forwards, is considering a 5-year, $6,000,000 bank loan to finance service equipment.
Name three examples of firms conducting a cost leadership strategy that use no advertising. Should they start advertising? Why or Why not.
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