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Eye-Full Optics assembles astronomical telescopes, premium binoculars and student-grade microscopes from imported parts. Each telescope takes 1 hour to assemble, each pair of binoculars 2 hours, and each microscope 3 hours; the availability of skilled labor limits assembly work to 1000 hours per day. Eye-Full has a contract with FedEx, and must ship no less than 500 items per day. A contract with a major retailer requires them to deliver a minimum of 160 telescopes, 250 binocs, and 50 microscopes per day. But there are supply limitations. The telescopes and binocs are shipped with the same eyepieces; each scope has one, and each pair of binocs has two. The subcontractor who supplies the eyepieces can only furnish 800 per day. Similarly, both the binocs and the microscopes use the same prisms; each pair of binocs needs two, and each microscope needs four. The prism supplier can only ship Eye-Full 1400 per day. If Eye-Full makes a profit on $100 on each scope, $200 on each pair of binocs, and $250 on each microscope, how many of each should the company manufacture each day? What is its optimum daily profit? Solve the problem using an online app. Include either a screen shot of the output (preferred), or type the output. Be sure to include the profit function, the constraints, and the complete solution.
Identify a company that has applied a diversification strategy. Was it related (concentric) or unrelated (conglomerate) diversification? Discuss what you think could have been their reasons for doing this strategy. This question has been modified fro..
ABC Inc. borrowed funds from XYZ LLC to operate its auto parts business. The loan was secured by the molds that were used to form the parts. ABC contracted with FFF to make the parts and provided FFF with the molds. Andy and Ben owned half of a two-u..
What is the difference between a platform strategy and a pipeline strategy? How did the platform approach help the IPhone win in the mobile phone industry?
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Using the University online library resources and the Internet, research methods of conducting internal and external environment analyses. Select at least three (3) scholarly sources to support the information in your report.
Differentiate between Production/Operations Management and the Management of other business functions by explaining "What is Operations Management?"
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Discuss in detail the use of drug counts. How do they operate? are they sucessful? Discuss the potential of drug counts to reduce: ( 1) the demand for illicit drug and (2) the costs associated with the enforcement laws.
Ms. Frizzle on the Magis School bus encourages her students to try, tp experiment just to see what will happen. She encourages them to be risk takers. She is trying to overcome which conceptual block?
Prepare a marketing management strategy assignment of “Big Skinny”Assignment should summarily include the following thinks:1. Introduction of the company2. Task1. Environment Appraisal Analysis in Summary3. Task2. Target Market 1
The current federal minimum wage is $7.25 per hour (but some states and cities have a higher minimum wage). Should the federal minimum wage be increased. Should the minimum wage be different in different states? Give reasons for your answers and cons..
At what volume of output would the two locations have the same total cost? For what range of output would location A be superior? For what range would B be superior?
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