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Outdoor furniture manufactures 2 products, benches and picnic tables. The firm has two main resources: its carpenters(labor force) and a supply of redwood for use in the furniture. During the next production cycle, 1200 hours of labor are available under a union agreement. The firm also has a stock of 3,500 feet of good-quality redwood. Each bench that they produce requires 4 labor hours and 10 feet of redwood; each picnic table takes 6 labor hours and 35 feet of redwood. Completed benches will yield a profit of $9 each, and tables will result in a profit of $20 each how many benches and tables should outdoor furniture produce to obtain the largest possible profit?
Critiques an article from Forbes Magazine to ascertain whether or not good research methods were employed.
What is the optimal number of "Graduation Rings" Debbie should buy for the Campus Bookstore at Phoenix's University
The Jane Deere Company manufactures tractors in Provo, Utah. Jeremiah Goldstein, the production planner, is scheduling tractor production for the next three months.
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Do you agree that the success of corporations rests in their capability to communicate effectively, to convince stakeholders of their point of view, and persuade them to respond in a desired manner?'
Each coffee table produced by the Timothy Kent Designers nets firm profit of $9. Each bookcase yields a $12 profit. This post describes how to find out the objective function for maximizing total profits and provides the answer.
On their farm, the Friendly family grows apples that they harvest each fall and make into three products-apple butter, applesauce, and apple jelly. Propose a linear programming model for this problem. Solve the model by using the computer either ex..
Graph the constraints for this problem. Indicate all feasible solutions. Find out the optimal solution to LP Relaxation. Round down to find out a feasible integer solution. Is this solution optimal?
Consider the "Alternative Approach" to combating five consumer products (alcohol, tobacco, guns, motor vehicles, and junk food) and determine whether you agree or disagree with the approach suggested.
Recognize a problem in your organization, or a challenge from your simulation experience, and apply the four stages of Martin's decision-making model to it.
Describe the key characteristics and differences of the qualitative, quantitative, mixed, and action research methodologies.
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