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The Pinewood Furniture Company produces chairs and tables from two resources-labor and wood. The company has 80 hours of labor and 36 pounds of wood available each day.
Demand for chairs is limited to 6 per day. Each chair requires 8 hours of labor and 2 pounds of wood to product, whereas a table requires 10 hours of labor and 6 pounds of wood.
The profit derived from each chair is $400 and from each table, $100.
The company wants to determine the number of chairs and tables to produce each day in order to maximize profit.
Formulate a linear programming model for this program.
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A number of drivers of change have transformed the roles, functions and responsibilities of an operations manager over recent years. These drivers have not only been based on technological innovations but also on the need for organisations to develop..
Compute the Optimal Order quantity of DVD players. Determine the appropriate reorder point.
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Ccompare the effectiveness of different leadership styles in different organizations
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