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Why does the following set have directions? Find all of its extreme directions:
-x + 2y = 3
2x - 2y - z <=2
z >= 1
x,y,x >=0
Hint: Enumerate the extreme points of its normalized set of directions. What needs to be checked?
Cost and cycle time reduction often involve Lean process management strategies. It is crucial to utilize measures for tracking all aspects of your overall process management.
Honeywell and Cootes law firm still uses pens and paper regularly rather than being a technology enabled company. They estimate that they use 30 pens a day with a daily standard deviation of 5 pens. These high quality pens costs roughly $5 per pen.
You are using a technique that examines the possible outcomes if a particular situation occurs. What is this technique called?
Daily demand for the ice creams at I-Scream parlor is normally distributed with a mean of 100 quarts and a standard deviation of 40 quarts. The owner has the ice cream supplied by a wholesaler who charges $2 per quart. The wholesaler charges a $90 de..
Describe the two different types of contract formats used for most solicitations and contracts. Discuss some restrictions that limit the two types.
What are the upper and lower control chart limits if you wish to use a sample size of 100 and 3-sigma limits?- What if the sample size used were 50, with 3σ?
Write a brief summary of your thoughts on team collaboration. 100-150 words
Does this imply that the EOQ approximation is poor? Why or why not?
In aggregate planning:
The management of Madeira Manufacturing Company is considering the introduction of a wearable electronic device with the functionality of a laptop computer and phone. The fixed cost to launch the new product is $300,000. Compute profit for the base-c..
Using the Ansoff matrix, describe the method in which GE has grown the organization? What were the drivers for growing in this manner? Which of the three types of corporate parent is GE? Support your answer by the characteristics of GE’s parenting st..
What is the difference between an AND criterion and an OR criterion? How is each criterion created in QBE?
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