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A local auto mechanic is developing a schedule for purchasing and storing part X for the next four quarters. Over the next four quarters she has to have at least 200, 300, 450, and 200 units respectively on hand to accommodate expected requests for repairs in each quarter. The price she pays per unit starts at $100 in the first quarter and increases by $3 per quarter thereafter. Cost of storage per unit from one quarter to the next is $4. Because of supply limitations she cannot purchase more than 350 units per quarter. Her maximum storage capacity is 100 units from any one quarter to the next. At the end of the fourth quarter she does not want to have anything in inventory and expects to develop a new plan based on the updated forecasts of demand. Develop an LP model to determine the optimal schedule for purchasing and storage of part X. (Do not solve the model or try to figure out the actual schedule, but rather develop an LP model which can be easily modified and resolved if one of the parameters changes.)
Designing Distribution Networks and Applications to Online Sale. Discuss the strengths and weaknesses` of any two distribution network design options. Which network is more suitable for commodity items manufacturer storage with direct shipping OR ret..
Internet Rulings, Laws, and Regulations... From this module’s Global Internet Law in a Nutshell readings choose three rulings, laws, or regulations that relate in some way to your use of the Internet. In a well-written paper, briefly summarize each c..
Explore what factors have enabled it to survive. What changes can it implement to ensure its continued existence
You own a workshop that produces custom handmade frames for diplomas.
Using the FAR and choose one (FAR) part and provide a briefing description of it's purpose. defines the authority of a warrantied contracting officers, and resp
Charles lackey operates a bakery in Idaho, Falls Because of its excellent product location, demand has increased by 35% in the last year. On far too many occasions, customers have not been able to purchase the bread of their choice. After increasing ..
A company's strategy is deliberately kept under wraps by top-level managers so as to catch rival companies by surprise and keep them off-balance. A portion of a company's strategy is always developed on the fly because of the ongoing need to react an..
In what ways might a firm's suppliers improve or undermine the firm's Lean efforts? Provide an example to illustrate this situation.
A hospital records the number of floral deliveries its patients receive each day.
You are to decide between three potential suppliers for an assembly for a product you are designing. After performing life testing on several assemblies, Based on system availability, which supplier should you choose?
Mary has worked for Bob for two years. About 6 months ago, Bob asked Mary out to dinner. They had a good time together and agreed that they had some real interests in common outside of work. The pair dated for two months. Mary initially liked Bob, bu..
cd players are produced on an automated assembly line process. the standard costs of cd players are labor - 50 per unit
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