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Four automobiles have entered Bubba's Repair Shop for various types of work, ranging from a transmission overhaul to a brake job. The experience level of the mechanics is quite varied, and Bubba would like to minimize the time required to complete all of the jobs. He has estimated the time in minutes for each mechanic to complete each job. Billy can complete job 1 in 400 minutes, job 2 in 90 minutes, job 3 in 60 minutes, and job 4 in 120 minutes. Taylor will finish job 1 in 650 minutes, job 2 in 120 minutes, job 3 in 90 minutes, and job 4 in 180 minutes. Mark will finish job 1 in 480 minutes, job 2 in 120 minutes, job 3 in 80 minutes, and job 4 in 180 minutes. John will complete job 1 in 500 minutes, job 2 in 110 minutes, job 3 in 90 minutes, and job 4 in 150 minutes. Each mechanic should be assigned to just one of these jobs. What is the minimum total time required to finish the four jobs? Who should be assigned to each job?
Help with modeling three problem : You are the maintenance supervisor for the theme park. How will you schedule the employees? Formulate an LP model for this problem and solve it using Solver. What is the optimal solution?
Meaning of Linear programming problem and explanation of graphical method of solving Linear Programming Problem
Select one of the first four eras of business history and imagine a business person from that era managing a modern business today. Analyze the situation and determine what specific challenges a manager would face.
Interest is paid annually, the bonds have a $1,000 par value and the coupon interest rate is 10%. The bonds sell at a price of $850. Illustrate what is their yield to maturity?
Purchasing manger is currently reordering whenever the inventory on hand is equal to twice as much as the safety stock level. Calculate the reorder point and achieved fill rate in this policy.
Jatry Corporation's budget sales are $300,000, its budgeted variable expenses are $210,000 and its budgeted fixed expenses are $60,000. Illustrate what is the company's break-even in dollar sales amount?
a) What is the optimal amount of each special ingredient for each drink? b) What is the optimal cost of the special ingredients in total?
Solve the following problem graphically and create the feasible solution space.
Analyze an existing company for Operation strategy and one under Supply Chain Strategy
The Westhouser Paper Company in the state of Washington currently has an option to purchase a piece of land with good timber forest on it. Example on precision tree - Basic Tree Terminology
Explain how well is Eat2Eat’s strategy working? Illustrate what evidence is there to indicate that the strategy is producing its intended results?
What is the capacity of step 5, which step is the bottleneck and which process step has the highest capacity
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