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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.
A retail outlet has its own production facility for producing denim cloth. The ordering cost ($150) is the cost of setting up the production process to make the denim cloth. The ca
If Merck can donate $50 million in free doses of ivermectin, what does that say about the amount of revenue the company generates in the drug research and distribution industry?
After working for 30 years, Ramjee Somjee Dutt opted for VRS and started a courier company and did
1. What modification would you suggest in enhancing the existing logistics system?
1. Think of four different processes by which a bank might supply its customers with cash on demand. Answer: Examples: over-the-counter at branches, by ATM dispensers in shoppin
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A dry cleaner uses exponential smoothing to forecast equipment usage at its main plant. August usage was forecasted to be 88 percent of capacity; actual usage was 89.6 percent of c
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