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MATHEMATICAL MODELING
The company manufactures two types of product A and B made of plastic. The company received 3,000 lbs recycled plastic of product A and 10,800 lbs recycled plastic of product B. The company also receives industrial plastic of 24,000 lbs per month. Costing $ 0.80, $ 0.60, $ 0.50 per lb respectively. There is a demand of 6400 pieces of product A, 128,000 pieces of product B for a month. Product A requires 1.5 lbs of plastic, and costs $ 30 to produce and can be sold for $ 84. Product B requires 0.025 lbs of plastic and cost $ 0.54 to produce and can sell for $ 1.20. The company can only use 33% recycled plastic for product A and 65% for the product B. Determine the optimal combination of products to get the maximum profit
Elucidate what should be the optimal batch size (Q) of clay tigers to be produced also shipped to the stores in every order. Keep 4 digits after decimal points in calculations.
Which decision making tool would be used in identifying possible causes for a problem?
Describe and explain how you believe the mining group gold process will improve teamwork, empowerment, and effective communication.
Give an example of every type of channel partner. Explain how channel partners rely on every other to sell their products also services. Give particular examples.
Pick a coffee shop where customers order at the counter works well for this activity, but small restrauants, auto parts stores, hair salons, and many other businesses also work for this discussion.
Why are unions exploring new collaboration solutions in the face of economic/work adversity, and how did Saturn's ambitious Quality of Work Life (QWL) program address these factors? In addition, describe why the program was eventually dissolved.
inn at penn has 200 rooms. for regular-fare customers rooms are priced at 300 per night while the rooms are priced at
What are the best value discipline, generic strategy, and grand strategy for your organization. A strategy or combination of strategies the organization should implement.
Consumer protection is an idea that took root in the early 1900s and continues today. Base on the industry you are in: List a consumer protection that already exists in your industry. What do you think will be the next area of concern for the Consume..
Annual holding cost is $3 per slicon chip. The optimal ordering quantity is 1600 chips per order. What is the assumed ordering cost, i.e. S ?
Describe the similarities and differences between TQM and Six Sigma quality-management techniques.
Nordstrom creates an open atmosphere, in which every associate's sales figures are made available to everyone else. Explain the positive impacts.
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