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Q. A wood products firm uses available time at end of each week to make goods for stock. Presently, two products on list of items are marked for stock: a chopping board also a knife holder. Both items requisite three operations: cutting, gluing, also finishing. manager of firm has collected subsequent data on se products: TIME PER UNIT (MINUTES) Item Profit/Unit Cutting Gluing Finishing Chopping board $2 1.4 5 12 Knife holder $6 0.8 13 3 manager has also determined which, during each week, 56 minutes are available for cutting, 680 minutes are available for gluing, also 360 minutes are available for finishing. a. Determine optimal quantities of decision variables. b. Which resources are not completely used by your solution? Elucidate how much of each resource is unused?
Explain cost to produce a can would be $0.07 and distribution cost would be $0.04 per can. Over illustrate what range of product would each plant be preferred.
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Cite industry examples for at least two of the six Supply Chain strategies introduced in class and a brief description is expected for each example.
Elucidate what is the theoretical minimum for the smallest number of workstations which Helms can achieve in this assembly line.
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Evaluate how organizational functions of marketing impact also determine structure of Home Depot. Holding costs of inventory are 24% of purchase price per year. Elucidate how much should be ordered each time to minimize total cost.
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