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This is the slack time of the year at Iota Inc. The company would actually like to shut the plant down, but if the they do, the highly skilled and trained core employees would likely be picked up by a competing company which is undesirable. The company could keep the core employees busy by producing (at a minimum) 10,000 round tables per month, or by making 20,000 square tables per month, or some ratio thereof. Iota does however have a standing contract to produce 5,000 square tables per month. Handling and storage costs per round tables are S10 and per square table are S8. Formulate a linear program to minimize the costs. Hint: Let x1-the thousands of round tables per month and let x2 = the thousands of square tables per month. Solve graphically to determine the optimal quantities and cost. Ans-x1 7500, x2 5000, z-115,000.
Read the case study, entitled “Marketing in Schools” on page 430 of the textbook. Once you finish reading the case study, answer the following questions: Is there an appropriate age that advertising should consider? What other facts would you need to..
Create your own original Linear Programming problem with a minimum of two variables and two constraints. Your problem should be presented in paragraph form and reflected in a LP equation, showing the objective function and the constraints.
Davenport University Hospital has been considering an intranet for several years. Then create a list of functions of the potential intranet for your facility.
You need to increase capacity of your manufacturing operation by adding new equipment. Two vendors have presented proposals.
Northeastern Insurance Company is considering opening an office in the U.S. The two cities under consideration are Philadelphia and New York. The factor ratings (higher scores are better) for the two cities are given in the following table. In whi..
Toyota is known for its innovative operations management practices. Over the last three decades Toyota has received many awards for their excellent quality and performance.
What are the IS requirements for the four different collaboration purposes?
Discuss how organizations can utilize good project management techniques to develop information systems.
What kind of negotiations could help engage Indian employees and overcome some of the cultural problems encountered? How might culture play a role in the approach the Indian employees take in their negotiation with the financial firm?
Identify three critiques of the Human Relations approach. These can be your own critiques or ones found in the book.
identify two ineffective leadership examples.
Research suggests that (1) individuals differ in their level of values development (2) individuals hold different sets of instrumental values at different stages of development, and (3) peoples value priorities do not change once they become adults. ..
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