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A machine shop makes two products. Each unit of the first product requires 3 hours on machine 1 and 2 hours on machine 2. Each unit of the second product requires 2 hours on machine 1 and 3 hours on machine 2. Machine 1 is available only 8 hours per day and machine 2 only 7 hours per day. The profit per unit sold is 16 for the first product and 10 for the second. The amount of each product produced per day must be an integral multiple of 0.25. The objective is to determine the mix of production quantities that will maximize profit.
(a) Formulate an IP model for this problem.
(b) Solve this model graphically.
(c) Use graphical analysis to apply the MIP branch-and-bound algorithm presented in Sec. 12.7 to solve this model.
(d) Now use the interactive routine for this algorithm in your OR Courseware to solve this model.
(e) Check your answers in parts (b), (c), and (d) by using an automatic routine to solve the model.
Discuss non-traditional inducements organizations are using on how this strategy affects the organization and type of applicant pool it
Shared Activity: Marketing Audits Using SWOT, Review the Sample Marketing Audit Checklist in your Readings for ideas on what to analyse.
Solve the problem and implement a solution
Beginning as a single retail store in 1995, ChipSupreme (Chips) has grown to $50 million in annual revenues today. Chips was the brainchild of four entrepreneurial women who wanted to offer baked goods incorporating chocolate chips in both trad..
Kare-Full Katering Inc.
HR Policy and the implementation of policy vary based on organizational norms and adherence and interpretation of the relevant federal and state laws. Throughout the course we have discussed important policy issues and the political, legal, social, e..
Identify a knowledge-intensive team. Analyze the team using one of Chapter 10’s models, frameworks, or tools (for example, KM skills and competencies, role categories, or role responsibilities). Successful Responses to this question have included the..
Assume you are the cost accountant at the manufacturing plant where the preceding scenario takes place. According to the IMA's Statement of Ethical Professional Practice, what are your obligations in this situation?
At the end of her shift, a 19-year-old shoe sales- person was questioned by two store security of- ficers. She was questioned in a small room for three hours. One of the security officers sat be- hind her on the right side where she could not see ..
How do you attempt to satisfy your motivational needs within your organization?
Discuss how workplace changes have affected labor relations in the aviation industry. Provide examples
What you have gathered from the class readings and video
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