Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
The Ace Manufacturing Company produces two lines of its product, the super and the regular. Resource requirements for production are given in the table. There are 1,600 hours of assembly worker hours available per week, 700 hours of paint time, and 1200 hours of inspection time. Regular customers will demand at least 150 units of the regular line and at least 90 of the super line.Profit Assembly Paint InspectionProduct Line Contribution time (hr.) time (hr.) time (hr.)Regular 50 1.2 .8 1.5Super 75 1.6 .5 .7a) Formulate an LP model which the Ace Company could use to determine the optimal product mix on a weekly basis. Use two decision variables (units of regular and units of super). Suggest any feasible solution and explain what "feasible solution" means.b) Find the optimal solution by using the graphical solution technique. What is the value of the objective function? What are the values of all variables?c) By how many units can the demand for the super product increase before the optimal intersection point changes? Explain. For the regular product?d) How much would it be worth to the Ace Company if it could obtain an additional hour of paint time? Of assembly time? Of inspection time? Explain fully. Show all calculations.e) Find the upper and lower bounds for assembly time by identifying the corner points on either end of the line and substituting these points into the assembly equation. What do these bounds mean? Explain.f) Solve this problem with LINDO or POM and verify that your answers are correct.
This solution explains some of the risks that are inherent with doing business in China. For many global companies, China represents a highly attractive market in terms of size and growth rate.
What is expected value? How do consumers factor expected value into their decision making? Why do consumers make risky decisions? What can marketers do to encourage risk taking in consumers?
Illustrate the linear programming model with its decision variables and its constraints. Use the computer solution generated by Excel (Solve) to see which team works with which project. Provide the Excel file.
A builder has located a piece of property that she would like to buy and eventually build on. The land is currently zoned for four homes per acre, but she is planning to request new zoning.
Visit the Consumer Product Safety Division website. Click on Consumer Safety, and then click on Recalls. Choose one product that has been recalled
Identify individuals within the buying organization who fulfil the different roles of the buying center. Identify as many for every role as possible, doing research where necessary.
Arthur Meiners is the production manager of Wheel-Rite, a small producer of metal parts. Wheel-Rite supplies Cal-Tex, a larger assembly company, with 10,600 wheel barings each year.
Determine which activities are non-critical and their respective slack times. How long will the project take to accomplish?
Illustrate what is wrong with explain how Gold Coast Advertising measures its quality. Explain why Gold Coast should ask its customers about explain how they define quality.
Now measure the time it takes while working at a standard pace. Is your estimate within plus or minus 20 percent of the estimated time.
You are an experienced audit senior. The new staff accountant on your audit team does not understand what a control deficiency is.
Although there was ample demand for business courses last semester, conflicting schedules allowed only 1,450 new students to take business courses. Illustrate what are the utilization and efficiency of this system.
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd