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The yield of a chemical process depends on the length of time T (in minutes) that the process is run and the temperature TEMP (in degrees centigrade) at which the process is operated. This dependence is described by the equation where T’= (T- 90)/10 and TEMP’=(TEMP-150)/5. T must be between 60 and 120 minutes, while TEMP must be between 100 and 200 degrees. Insert the T’ and TEMP’ to the equation. Then solve a and b. a. Set up an NLP that could be used to maximize the yield of the process. b. Use GAMS to solve your NLP.
analyze your college or workplace using webers model of bureaucracy. what elements efficiency calculability
The manager of a $30 million bond portfolio has a target duration of 13 years for a portfolio with a current duration of 18 years. The manager can add zero coupon bonds with 15 years to maturity, perpetuities with a 15% YTM, or both to the portfolio ..
Advertising is the primary source of revenue for newspaper companies. Over the past 10 to 15 years, the newspaper industry has been adjusting to changes in the mix of services that produce this revenue. The two main categories of services are run on ..
Describe a specific example of the trade-offs between any two of the competitive dimensions.
JetRed Airways flies several daily flights from Philadelphia to Chicago. Based on historical data, the flight on Wednesday evening before Thanksgiving is always sold-out. However, there are usually no-shows so the airline decides to improve revenue..
Calculate the ownership cost per hour of a 1044 kW excavator with a capital cost of $6,000,000 and an economic life of 10,000 hours over seven years under average operating conditions. The residual value of the machine at disposal is 25 percent of th..
Describe ways to identify and manage uncertainties in a complex corporate environment (utilize contemporary and classical leadership theories to support your argument).
Supply chain management has become a very important process influencing the success both physically and financially of organizations. A leading company in supply chain management is Wal-Mart, but many others are doing outstanding work in supply chain..
How do you imagine project management might aid or detract from the contract negotiating process, depending on how mature the process is within the organization?
Why do you think lean inventory management can decrease transportation, capital expenses, and inventory storage?
What are the four approaches for staffing for global operations? What are their advantages and disadvantages?
What is stress? What are stressors? Can stress be good? Describe the difference between a Type A and Type B personality? Which are you? Which would you prefer to manage? Why?
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