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The seasonal yield of olives in a Piraeus, Greece, vineyard is greatly influenced by a process of branch pruning. If olive trees are pruned every two weeks, output is increased. The pruning process, however, requires considerably more labor then permitt ing the olives to grow on their own and results in a smaller size olive. It also, though, permits olive trees to be spaced closer together. The yield of 1 barre l o f olives by pruning requires 6 hours of labor and 3 acres of land. The production of a barrel of olives by the normal process requires only 5 labor hours but takes 10 acres of land. An olive grower has 360 hour s of l abor available and a total of 290 acres for growing. Because of the olive size difference, a barrel of olives produced on pruned trees sells for $32, whereas a barrel of regular olives has a market price of $4 0. The grower has determined that because of uncertain demand, no more than 38 barrels of pruned olives should be produced. Use the graphical method to find (a) The maximum possible profit. (b) The best combination of barrels of pruned and regular olives. (c) The number of acres that the olive grower should devote to each growing process. PLEASE SHOW ALL WORK
The UN may be best known for its peacekeeping missions, but it also has many agencies that directly affect business. Choose a single trade transaction and describe the UN’s influence on it.
Describe three important factors that contribute to changes in the health care industry. Propose three strategies that health care leaders can employ to lead their learning organizations in today's turbulent environment
Using the framework presented in this chapter, draft a sample issue-specific security policy for an organization. At the beginning of your document, describe the organization for which you are creating the policy, and then complete the policy using t..
For Research Paper, you will need to choose a contingency theory of leadership that you would like to write about. Your choices are the following leader-member exchange (LMX)
Explain what a quality management philosophy is and then identify which quality guru best fits your organization’s quality management philosophy or the way that you would want your organization to operate. Dig deep into the thought leaders—perhaps a ..
Suppose that your business is operating at the 3.8-sigma quality level. What are the percentage inside specifications and the ppm Defective for this process? Assume a mean shift of 1σ. If projects have an average improvement rate of 40% annually, how..
Why would a company choose to follow rather than lead technological innovations? Is the potential advantage of technological leadership greater when innovations are occuring rapidly, or is it better in this case to follow?
The Ambrosia Bakery makes cakes for freezing and subsequent sale. The bakery, which operates five days a week, 52 weeks a year, can produce cakes at the rate of 116 cakes per day.
Some organizations must very hard to achieve “goal alignment” within the organizations. Describe two tools that organizations can use to achieve “goal alignment” and provide examples
Commercial exploitation would not prohibit the Burpsie Cola Company from using an image of Hillary Clinton taken at a campaign rally drinking Diet Burpsie, since this was a public rally and she is a public figure, and even if she does not give her co..
Are there any advantages to chaos over order? What has been your experience with chaos and what have you found to be effective techniques to avoid or mitigate chaotic situations?
Identify three companies that operate internationally and explore the possible sources of political risk for each of those firms, given the countries in which they have a presence. Develop a 5–7 slide presentation outlining the risk and your recommen..
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