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It is quite possible that when you solve a linear programming application you may get fractional values for the decision variables as an optimal solution. For example, if your decision variables are how many trains and buses to run daily to meet expected ridership, your solution may call for 30.37 trains and 100.87 buses. Is that a problem? If it is a problem explain why. Also, discuss some possible remedies.
Supply management may INDIRECTLY contribute to the organization's competitive advantage by:
Board-Boomerz manufactures retro board games. The company is going through its annual budgeting process. Using the following data, determine the $ Amount that must be budgeted for Direct Materials, Direct Labor, and Factory Overhead. How much will Bo..
exercise 1 making a critical assessment of the toyota production system tps todaya. demonstrate your teams basic
Bethesda Hospital has recently developed an occupational medicine program. It wants to target employers in the Baltimore metropolitan area. The director of the program has a range of services within this program, including toxicology assessment, Sugg..
Discuss the importance of correlation, probabilistic branching and probabilistic calendars and how the aforementioned are useful for project cost risk analysis. Discuss how you would incorporate correlation, probabilistic branching and probabilistic ..
Does lean production work in the service sector? Provide an illustration (example with reasons) to demonstrate your point. Which lean techniques work in both the manufacturing and service sector? Are there any which only apply to one or the other (se..
A barbecue sauce producer sells their product in a 40 ounce bottle. Their historical process mean has been 40 ounces with a standard deviation of 0.5 ounces. If their tolerance limits are set at 40 ounces plus or minus 2 ounce, what is the process ca..
You are the project manager of a major hotel chain. The company is going to change their billing system software to completely different software. Your role as project manager is to create a project plan that integrates the new software into the curr..
Write clearly and concisely about Information Technology Project Management topics using proper writing mechanics and technical style conventions.
Assume the position of a consultant hired to assess the approach toward HR management taken by a client organization. What factors might you evaluate in determining whether an organization uses a traditional or strategic approach to managing its HR? ..
What are some examples of strategic supply chain decisions (include operations management decisions)? How might these decisions vary across companies pursuing different strategies?
Melvin, a CPA, was hired by Buy-Um-Up Inc., to audit its financial statements. Due to his negligence, Melvin failed to discover that Morris, chairman the board of directors of Buy-Um-Up, had embezzled $400,000 of the company funds. Melvin finished th..
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