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The Hickory Cabinet and Furniture Company has decided to concentrate on the production of chairs. The fixed cost per month of making chairs is $7,500, and the variable cost per chair is $40. Price is related to demand according to the following linear equation:
v = 400 - 1:2p;
Where v is the demand and p is the price. Develop the nonlinear profit function for this company and determine the price that will maximize profit,the optimal volume, and the maximum profit per month.
The existing method involved assembles taking individual springs from a box containing several hundred also then placing two of them behind an ON button also two more behind an OFF button. Illustrate what was the poka-yoke shin go created.
In the judgment of Deedee's superiors she has "topped out" and will not be qualified for further advancement. Which of the following statements is most appropriate for Deedee's situation.
Setup times are negligible. If the policy variable for unforeseen contingencies is set at 5 percent, explain how many containers should Jitson authorize for the gear replenishment system.
Explain Physicians generate wealth by practicing medicine, not by developing cash management procedures or reviewing aging history databases.
it is estimated that 2% of the athletes competing in a large tournament are users of an illegal drug to enhance performance
After some quality complaints, the organization has decided to increase its use of chemicals by 50percent. By illustrate what percent has multifactor productivity fallen. Explain how to put in place a beverage price control for hotel.
Assuming the retailer's order interval is one week and lead time is same as 2 days. The average on-hand inventory is 5 items at the end of each week. Decide the order quantities using fixed order interval model.
Describe the specific type of consumer that the coca cola Company is targering with each of the following products:Diet coke,Coke Zero,Diet coke plus,Coca-cola black
How much should a company pay to keep a specially-skilled worker? Why? How would you determine the amount to pay to keep such a worker?
Sociology majors or business majors? Are some nationalities/cultural groups/personality types more likely to lie and cheat in negotiations?
The Malcolm Baldrige award selection process helps improve quality and productivity by which of the following means?
illustrate what capacity requirement should be planned. Assume which the management deems which a capacity cushion of 25 percent is appropriate.
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