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The Apex Television Company has to decide on the number of 27" and 20" sets to be produced at one of its factories. Market research indicates that at most 40 of the 27" sets and 10 of the 20" sets can be sold per month. The maximum number of work-hours available is 500 per month. A 27" set requires 20 work-hours and a 20" set requires 10 work-hours. Each 27" set sold produces a profit of $120 and each 20" set produces a profit of $80. A wholesaler has agreed to purchase all the television sets produced if the numbers do not exceed the maxima indi- cated by the market research.E* a.Formulate and solve a linear programming model for this problem on a spreadsheet. b.Formulate this same model algebraically. c.Solve this model by using the Graphical Linear Pro- gramming and Sensitivity Analysis module in your Interactive Management Science Modules to apply the graphical method.
Given the series of demand data below Period: 1 2 3 4 5 6 7 8 9 10 Demand: 43 31 52 44 23 48 40 39 30 40 Calculated forecasts for periods 7 through 11 using moving average
Ques: What do you consider to be the challenges facing operations managers today? 1. Interfacing with other managerial functions 2. Dealing with increased rates of change
Medical Solutions, Inc. has the following claims it must complete in the next week (40 hours). The jobs are as follows: Claim Type Number of Claims to Process Setup (Changeover) Ti
Discuss the importance and characteristics of database backup and recovery procedures. Then, describe the actions that must be detailed in backup and recovery plans?
To what extent should end users be involved in the design of a database? How have our ideas of agile development environments affected this traditionally non-user input environment
You have just been notified by the Student Aid and Scholarships Office that you would receive a regents scholarship of $2000 for the coming academic year. Furthermore, your applica
A quality control unit in ball-bearing manufacturing company keeps record of error in terms of the number of faulty balls (W) per a lot. The size of standard lot is 8, and the prob
Discuss the following questions in relation to strategic management: • What factors make up this process? • How important is it to change, and what criteria determine the cha
What are the steps for process improvement? And examples of companies that have used this.
Problem 4: Comp-Max Computers assembles computers and computer equipment. It is about to start production of three new types of computers, called model A, B, and C, respectively. E
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