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Kings Department Store has 625 rubies, 800 diamonds, and 700 emeralds from which they will make bracelets and necklaces that they have advertised in their Christmas brochure. Each of the rubies is approximately the same size and shape as the diamonds and the emeralds. Kings will net a profit of $250 on each bracelet, which is made with 2 rubies, 3 diamonds, and 4 emeralds, and $500 on each necklace, which includes 5 rubies, 7 diamonds, and 3 emeralds. Formulate as an LP problem to maximize profit?
Suppose the first EKG test is positive. In order to make sure, a second EKG test is given to the person. What is the probability that this person has heart disease if the second EKG test is negative?
list the general requirements of an LLC, partnership and corporation. Find an example of a business organization that is an LLC.
In a production run of 300 units, there are exactly 20 defective items and 280 good items.
The primary objective of the project is to encourage students to explore, in modest depth, the operations function of a community business of your choosing in order to connect real-world activity with theory and principle.
A large law firm uses an average of 25 boxes of copier paper a day. The firm operates 250 days a year. Storage and handling costs for the paper are $20 a year per box
Total material costs for the 400 units are $5,000. Weekly overhead is charged at the rate of 1.5 times the labor costs. What is the multifactor productivity for the week?
Prepare a Multi-step Income Statement for DFG company using the following data related to the operations of Jan. 1 Dec, 31, 2013 period.
Three activities are candidates for crashing on a project network for a large computer installation (all of course are critical).
Discuss the techniques on how American Airlines uses in order to reduce costs and increase profits. The task for this activity goes beyond inventory management.
A large law firm uses an average of 37 boxes of copier paper a day. The firm operates 256 days a year. Storage and handling costs for the paper are $31 a year per box, and it costs approximately $64 to order and receive a shipment of paper.
The job characteristics model has five components that enhance employee jobs-skill variety, task identity, task significance, autonomy, and feedback.
Assume that you are the manager of Assembly, Inc. You have just received an order for 24 units of an industrial robot, which is to be delivered at the start of week 7 of your schedule.
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