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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.
Which type research design - exploratory, descriptive, or casual - is appropriate for the following examples? Explain why? A food manufacturer wants to know the demographics of peo
Q. A textile manufacturer is interested in optimally determined inventories for cutting operations for a children’s product line. The production manager would like to establish th
An assembly line with 11 tasks is to be balanced. The longest task is 2.7 minutes, the shortest task is 0.4 minutes, and the sum of the task times is 18 minutes. The line will oper
In the U.S., consumer expenditures on homes and other large purchases tend to slow down during a recession because a. of steady supply of loanable funds in the economy dur
According to the text there appear to be very limited opportunities for input substitution in the production of fire protection services. Which of the following is the most plausib
I am brainstorming ideas and topics for possible use to launch my dissertation for my PhD in management. My current topic under consideration is: Multinational business and the rol
Compare Google with Facebook. In terms of the five forces of competition, do you feel these companies view one another as competitions? Why or why not?
Michael Plumb's job shop has four work areas, A, B, C, and D. Distances in feet between centers of the work areas are: A B C D A - 4 9 7 B - - 6 8 C - - - 10 D - - - - means the pr
what do you understand by “line balancing “? What happens if balance doesn’t exist?
Discuss the strategic importance of layout decisions. How important as these decisions in terms of a company's long-term profitability goals? What are some examples?
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