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Densepack company produces disk drives for mainframe computers. The following information is given for optimizing their workforce level:Planning Horizon: 6 month (Jan-Jun)Forecasted Demands: 1280, 640, 900, 1200, 2000, 1400Current Workforce: 300 workersEnding inventory in December is expected to be 500 units and they want to have 600 units on hand at the end of June.CH = cost of hiring one worker = $500CF = cost of fring one worker = $1000CI = cost of holding one unit of inventory for one month = $80K = Number of aggregate units produced by one worker in one day = 0.14653There is no overtime, no subcontract and no idle time. Please find the optimal solution to minimizing the total cost.
An art dealer has a client who will buy the masterpiece Rain Delay for $50,000. The dealer can buy the painting now for $40,000 (making a prot of $10,000).
Every day that a patient is hospitalized, they receive a set of pre-packaged supplies first thing in the morning or upon check-in. Regardless of use or not, the supply set is disposed and replaced the next day.
What is the probability that there will be 3 or more persons waiting in the system? Use QM for windows to answer this question.
Jane needs to try a more collaborative approach to working with suppliers. Will her approach work. Explain how should she adopt a more collaborative approach in future negotiations with suppliers.
Sociology majors or business majors? Are some nationalities/cultural groups/personality types more likely to lie and cheat in negotiations?
Should a manager be concerned with the grapevine within his or her organization? Why or why not? How does the grapevine develop? Is the grapevine a valid communication process? Should it be controlled, used, tolerated, or ignored? What are the pos..
The annotation should consist of a brief (usually about 150 words) descriptive and evaluative paragraph for the purpose of informing the reader of the relevance, accuracy, and quality of the content of the article.
Charles Lebeuf, VP of Human Resources for Bell Helicopter Textron of Canada, was asked to address the stockholders, employees, and reporters at the upcoming Annual General Meeting.
You would like to set up a Web site to sell towels, linens, pottery and tableware from Portugal and are examining services for hosting small business Internet storefronts. Write a brief report indicating your choice and explaining strengths and wea..
Custom Computers, Inc. assembles custom home computer systems. The fan assemblies needed are bought for $24 each and are ordered in quantities of 1500 units.
What is the role of a CIO in today's global business environment? Dr. Carr presents a good argument in the "IT doesn't matter" reading. Present your view of Carr's central arguments that investments in IT are less likely to deliver a competitive e..
Elucidate what are some examples of describe how these creative thinkers have applied innovation, design, or creativity. Elucidate what are the similarities also/or differences among these creative thinkers. Explain your answer.
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