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One of your roommates is a senior at Truman. She would like to use some material left over from class she took to create and sell some of her work at the annual art fair on the square. She thinks her best products are vases, which she can make in either large or a small size. Each large vase sells for $18 each and each small vase for $6. Frida believes she can sell whatever she makes. She has 24 pounds of clay and 18 ounces of glaze available. Each large vase requires 4 pounds of clay and 2 ounces of glaze. A small vase can be made with 1 pound of clay and 1 ounce of glaze. She originally paid $1 for a pound of clay and $6 per ounce of glaze and doesn't think she could get more in time for the fair. She is graduating this semester and would have to throw away any unused material. The large and small vases require 1 hour and 0.5 hours to make, respectively. With her schedule, she only has 12 hours to make the vases. Using linear programming, how many of each should she make? How much money will she make? Show the formulation and graph.
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..
Operational plan pertaining to a hospitality enterprise is given in detail in the solution. The operational plan is an important plan or preparation which gives guidelines regarding the role and responsibilities of each and every operation at all lev..
Recognise the importance of a strategic approach to the development and deployment of organisational information systems. Demonstrate an understanding of the importance of databases and their integration to the organisation's overall information mana..
An analysis of the holding costs, including the appropriate annual holding cost rate.
Briefly explain Evolution and contributor of Operations management.
A number of drivers of change have transformed the roles, functions and responsibilities of an operations manager over recent years. These drivers have not only been based on technological innovations but also on the need for organisations to develop..
Compute the Optimal Order quantity of DVD players. Determine the appropriate reorder point.
Evaluate problems in operations and identify approaches to overcoming them. Critically evaluate operating plans and identify areas for improvement. Justify, implement and evaluate changes to operations in line with modern approaches.
Develop a report for Figi Fabricating that will address the question of whether the company should continue to purchase the part from the supplier or begin to produce the part itself.
Prepare a staffing plan showing the change of your unit from medical/surgical staffing to oncology staffing.
Ccompare the effectiveness of different leadership styles in different organizations
Be able to understand the concept of risk, roles and responsibilities for risk management and risk management tools and models.
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