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Are the following objective functions for an LP model equivalent? That is, if they are both used, one at a time, to solve a problem with exactly the same constraints, will the optimal values of X1 and X2 be the same in both cases? Why or why not? MAX: 2X1 + 3X2 MIN: -2X1 - 3X2
Our text defines the four functions of a management as Planning, Organizing, Leading and Controlling. Briefly put, the plan states the desired outcome or goal and the process for a
how to calculate idletime of each row
Explain Division of Work (or Labour). It is a famous principle of Economics, invented through Adam Smith who was the traditional economist. Fayol had advocated Division of wo
Differentiate between validity and reliability of a selection test. In other words, provide definitions of (1) validity and (2) reliability of a test.
For a telephone survey, a marketing research group needs to contact at least 150 wives, 120 husbands, 100 single adult males, and 110 single adult females. It costs $2 to make a da
Explain the difference between ethical responsibilities and social responsibilities of a manager. Please in you own words.
Q. Explain about the vertical integration? Backwards vertical integration a firm integrating backwards into its supply chain, the supplier included in a previous and a various
What are all the steps involved in Work Study
A small computer firm orders monitors for sale. The annual demand is 1300 per year. The holding cost is 10 percent of the value of the monitors on hand. Each time they order it cos
1- Are there differences between Microsoft's and Apple's organizational Cultures? Why did Apple's organizational culture disrupt the company? 2- The film portrayed the "pirates
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