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Integer programming
A Company is considering three models of planes to purchase. The price of model A, B, and C are $6.7 M, $5 M, and $3.5 M. The Company can invest up to $ 150 M. Based on the following information how many plane of each model should be purchased? · Annual profit of each plane is anticipated to be $420,000, $300,000, and $230,000, respectively. · The Company can afford to have 30 new pilots. · Maintenance group are capable of maintaining 40 model B planes, and it is estimated that each model B requires 1 and 1/3 model C, and each model A requires 1 and 2/3 model C repair needs.
Explain how the process of variation, selection, and retention might explain innovations that take place within an organization?
A company manufactures a product using two machine cells. Each cell has a design capacity of 250 units per day and an effective capacity of 230 units per day.
What is nominal group technique? When should it be used? Describe what occurs in each of its five phases. What is the purpose for each step?
According to the text there appear to be very limited opportunities for input substitution in the production of fire protection services. Which of the following is the most plausible explanation for this observation?
Apply the industrial organization model and the resource-based model to determine how your corporation could earn above-average returns.
A local bakery must decide how much sugar to order each time they place an order. Their annual demand for sugar is 5000 pounds. The cost of placing an order for sugar is $25. The delivery lead time is 5 days. It costs the local bakery $2 to hold each..
Describe some of the key decisions its management has faced within the past year or two. Identify an ethical issue the organization either faces or has faced in the past
M&D Chemicals produces two products, A31, and C42 sold as raw materials to companies manufacturing bath soaps, laundry detergents, and other soap products.
Describe some of the challenges of implementing a continuity strategy for an organization. How would you overcome these challenges? What risks do you run by not implementing this strategy?
A work sampling study requires an acceptable error level of ± 10 percent and 95 percent confidence. What is the required sample size if the sample proportion busy is as large as 50 percent?
Auditors often fail to detect financial fraud in companies they are auditing because the perpetrators have concealed the fraud well in a complex manner. What are the components that make a fraud complex? What role does collusion play in complex fraud..
Which of the following is not true regarding the OSHA Investigation Procedure? a). an employee representative is entitled to participate in the inspection of the employer's premises b). prior to walking the premises, the CSHO will convene an opening ..
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