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Individual assignment #2 employing important techniques used in operations Management
how many pounds of each chemical ingredient to put into a bag of fertilizer to meet minimum requirements of 20 ounces of nitrogen, 36 ounces of phosphate also 2 ounces of potassium while minimizing cost.
Determine the upper and lower control limits of the x-bar chart. Please give the formulas for calculating UCL and LCL and at least one step of calculation for full credit.
Compare and contrast domestic and global logistics operation and describe the logistics characteristics of a firm moving toward a globally integrated enterprise strategy.
Compute the optimum ordering quantity for this item. Explain how many units of the item should be maintained as safety stock for 99% protection against stock outs during an order cycle.
Image text transcribed for accessibility: Demand for hairdresser is much higher over the weekend, when people are not at work.
What is the average time spent by each order waiting to be processed? Assume that the orders coming in are either small or large
Assume a fixed price of $900, a variable price of $4.50 also a selling price of $5.50. Illustrate what is the break-even point. Explain how many units must be sold to make a profit of $500.00.
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?
What is the role of the POS system in forecasting at Hard Rock?
there are a number of companies that utilize a global supply chain management strategy. identify and research a company
Analyze the concept of "a dollar today is worth more than a dollar in the future," to define a capital project in terms of future and present values.
In 150 words can you explain. Illustrate what are advantages also disadvantages of utilizing objective measures of performance.
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