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Guarionex Company sells bags of guavas and bottles of guava juice. The company grades the guava on a scale of 1 (poor) to 10 (excellent). Guarionex has on hand 80,000 lb. of grade 10 guavas and 130,000 lb. of grade 7 guavas. The average quality of guava sold in bags must be at least 8, and the average quality of the guavas used to produce guava juice must be at least 9. Each pound of guava that is used for juice yields a revenue of $2.00 and incurs a variable cost of $1.25. Each pound of guava sold in bags yields a revenue of $0.75 and incurs a variable cost of $0.25.
A. Formulate the standard form of the optimization model
B. Solve a model that helps Guarionex optimize profit using Solver.
C. Explain the outputs of your model.
Operations Management is about a book review. Title of the book is "Goal". This book has been written by Dr. Eliyahu Goldartt. The book has been appreciated by many as one of those books which offers an insight into the operations and strategic capac..
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An analysis of the holding costs, including the appropriate annual holding cost rate.
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Compute the Optimal Order quantity of DVD players. Determine the appropriate reorder point.
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Ccompare the effectiveness of different leadership styles in different organizations
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