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The problem has been formulated as a linear program, maximize Z=40 x1 + 30 x2 (monthly earning) , subject to : 2x1+4x2 <= 200 (adverising budget) 100x1 + 50X2 <=4000, x1 <=35, x1 & x2=>0 , Q1) what is the optimal soulution for this problem, what the optimal x1 and x2 values and the corresponding earning level? Q2) briefly explain how you would determinte the dual price of the adverising budget constraint. Q3) if the rental limit constraint is decrease from 35 to 23, by how much will the monthly earnings change? Q4) several assumptino must implicitly be made to formulate and solve this problem using a linear program. Identify at least one LP assumption which is violated in this context which may not be appropriate when the decision variables relate to the number of storage units develop.
Discuss the ways in which you see the global world reflected in what you see, hear, and experience through the world of music, art, dance, architecture, or food, and discuss how you see the expression of art reaching across cultures.
Crunch and Munch is country's favorite fast-food vendor of fried chicken. What is franchising? Why would franchising be good contractual system for Crunch-Munch
Select a company in a field in which you have a career interest and look up information on this firm in your library or on the Internet.
What is the situational analysis of the problem or issue? (A SWOT analysis is suggested here.) What are the causes/effects of the situation or problem? How did the problem or issue evolve (overnight or overtime)? How can course concepts be applied to..
Discuss what the necessary connections between structure and culture are and how both contribute to an organization’s competitive advantage.
Develop an ExtendSim model to determine the minimum number of agents that will result in an average waiting time of 5 min or less
Explain the terms ethnocentrism and cultural relativism as they relate to pluralism in the arts.
Complete a PEST analysis for the selected firm. Be sure that this is based on research of the organization, not conjecture or opinion. Explain the key findings from PEST analysis. Explain the key findings from Five Forces analysis. Summarize the key ..
Taking Care of Business at Graceland Memorial Hospital case , Review the definition of organizations and the five elements of that definition. In this case, how are the five elements or organizations evident for Graceland Memorial Hospital?
A firm thinks its consumer promotion expenditures are too high, and wants to cut $500,000 from the budget.
Prepare a 1,050- to 1,400-word paper examining the ethical issues organizations face when implementing change. Be sure to:
Imagine you are part of a four person team charged with developing a complex, multi-variable market analysis for your hospital. All members of your team are basically at the same job level as you and your boss has not designated anyone as the officia..
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