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A craftsman named William Barnes builds two kinds of birdhouses, one for wrens and a second for bluebirds. Each wren birdhouse takes 4 hours of labor and 4 units of lumber.
Each bluebird house requires 2 hours of labor and 12 units of lumber. The craftsman has available 60 hours of labor and 120 units of lumber. Wren houses yield a profit of $6 each, and bluebird houses yield a profit of $15 each.
a) Write out the objective and constraints.
b) Solve graphically.
A process currently services an average of 57 customers per day. Observations in recent weeks show that its utilization is about 90? percent, allowing for just a 10 percent capacity cushion. If demand is expected to be 65 percent of the current level..
Sub-process A takes five minutes, sub-process B takes three minutes, and the sub-process C, which assembles the inputs from A and B, takes four mintues.
Your Organization has added a new dealership line to receive the key fob remote. The projected sales for the next six months are 150,000 cars, needing two fobs each. Consider explain how this affects capacity planning.
Why is high productivity important for a nation and why do you suppose that service jobs have lower productivity than manufacturing jobs?
what will be the challenges in fostering corporate entrepreneurship at SE?
Select a company that demonstrates ethical behavior, social responsibility, and environmental sustainment. What do you think the role of innovation and leadership in strategic management and an organization’s ability to achieve and sustain competitiv..
Many of you will have heard of Six Sigma management. What you may not realize is that the etymology of the term Six Sigma is rooted in statistics. As you should have seen by now in your textbook, statisticians use the Greek letter sigma (σ) to denote..
Suppose that the Fisher hypothesis holds for an economy that has an expected real interest rate of 10%. For an expected inflation rate of 5%, calculate the nominal interest rate and the after-tax expected real interest rate if the tax rate is 9%
You must understand misappropriation of the asset fraudulent disbursement scheme and how it fits in this case. You must have concluding results and recommendations of actions toward the criminals of the fraudulent acts.
Based on the text's discussion, and your own organization work and practical experience, what do you think about the arguments on product safety re: the "due care theory," the "contractual theory," and the "strict liability theory?" Should a company ..
Excel provides many different ways in which to analyze data. Discuss the different methods by which you can analyze data in your spreadsheet. That is, try an Internet search for "data analysis with excel" or use some of the methods you learned in thi..
you and your fellow operations department teammates have been debating which companies are the best examples of
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