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The We-Haul Company is about to lease 5000 new trucks for its California operations. The specifications of each truck under considering are as follows: Truck Country Capacity Capital Outlay Monthly Lease Ford US 1 ton $2000 $500 Chevrolet US 1 ton $1000 $600 Dodge US ¾ ton $5000 300 Mack US 5 tons $9000 $900 Nissan Japan ½ ton $2000 $200 Toyota Japan ¾ ton $0 $400 We-Haul has decided that, for public relations reasons, given the current Buy American atmosphere, it will lease at least 60% or 3000 of the trucks from American manufacturers. Each truck requires an initial capital outlay as well as monthly lease payments. We-Haul feels that it can support a total monthly lease payment of at most $2,750,000. Its fleet requirements mandate at least a 10,000-ton total payload capacity for the 5000 trucks leased. a. construct, in equation form, the linear programming model that determines the number of each truck We-Haul should lease to minimize its total initial capital outlay. b. solve this problem using solver.
Recognize the behavior attributes of those who become entrepreneurs. Identify characteristics of entrepreneurs who recognize and seize business opportunities and new ventures
Management is an agent of the shareholders of a corporation. discuss the pros and cons of this statement. Maximizing shareholder value is the sole responsibility of a corporate management discuss the pros and cons
SoftCo is a local distribution company in NJ. The annual fixed cost $10,000 for their packaging process, direct labor is $3.2 per package and material is $4.8 per package. The selling price will be $12.5 per package. What is the break-even point in u..
Discuss the key factors that impact location decisions. As an example, if locating a facility in India, what location decisions would a fast-food chain have to consider as compared to the location decisions of a software company?
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Develop a written procedure for Lockout/ Tagout at your home.
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Brittany currently attends college and runs her new business, Pampered Pets, a sole proprietorship she created in her sophomore year. Since Brittany is a student, she does not have much capital and seeks to save money where she can.
Dell Computers is known for revolutionizing the personal computer market using mass customization. This company can turn out a huge volume of computers while still having a variety of options for customers to choose from.
Describe in detail a matrix structure for an organization. What types of competencies and technologies would be best suited for this kind of structure? Why?
Consider the following data on Price and demand for a given product. Price (X) Demand (Y): X: 6.00 Y: 200, X: 6.50 Y: 190, X: 6.75 Y: 188, X: 7.00 Y: 180, X: 7.25 Y: 170, X: 7.50 Y: 162, X: 8.00 Y: 160, X: 8.50 Y:156, X: 9.00 Y:140, X: 9.25 Y:132. fi..
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