Reference no: EM13940294
Q 1. The famous Y. S. Chang Restaurant is open 24 hours a day. Waiters and busboys report for duty at 3 A.M., 7 A.M., 11 A.M., 3 P.M., 7 P.M., or 11 P.M., and each works an8-hour shift. The following table shows the minimum number of workers needed during the six periods into which the day is divided. Chang's scheduling problem is to determine how many waiters and busboys should report for work at the start of each time period to minimize the total staff required for one day's operation. (Hint: Let X1 equal the number of waiters and busboys beginning work in time period i, where i = 1, 2, 3, 4, 5, 6.)
Q 2. (Animal feed mix problem) The Battery Park Stable feeds and houses the horses used to pull tourist-filled carriages through the streets of Charleston's historic waterfront area. The stable owner, an ex-racehorse trainer, recognizes the need to set a nutritional diet for the horses in his care. At the same time, he would like to keep the overall daily cost of feed to a minimum. The feed mixes available for the horses' diet are an oat product, a highly enriched grain, and a mineral product. Each of these mixes contains a certain amount of five ingredients needed daily to keep the average horse healthy. The table on this page shows these minimum requirements, units of each ingredient per pound of feed mix, and costs for the three mixes. In addition, the stable owner is aware that an overfed horse is a sluggish worker. Consequently, he determines that 6 pounds of feed per day are the most that any horse needs to function properly. Formulate this problem and solve for the optimal daily mix of the three feeds.
|
Planning to issue a stock dividend
: Mr. R. owns 20,000 shares of ABC Corporation stock. The company is planning to issue a stock dividend. Before the dividend Mr. R. owned 10 percent of the outstanding stock, which had a market value of $200,000, or $10 per share. Upon receiving the 10..
|
|
Five common project risk strategies
: Identify five common project risk strategies employed to address threats that your project may face. Give an example of each. Projects are often completed late. Describe the techniques you would use as a project manager to improve the accuracy and r..
|
|
Bs limited manufactures one standard product
: BS Limited manufactures one standard product and operates a system of variance accounting using a fixed budget. As assistant management accountant, you are responsible for preparing the monthly operating statements. Data from the budget, the stand..
|
|
New assembly line after taking flotation costs into account
: Suppose your company needs $13 million to build a new assembly line. Your target debt−equity ratio is 0.45. The flotation cost for new equity is 9 percent, but the flotation cost for debt is only 6 percent. What is your company’s weighted average flo..
|
|
The famous y s chang restaurant is open 24 hours a day
: The famous Y. S. Chang Restaurant is open 24 hours a day. Waiters and busboys report for duty at 3 A.M., 7 A.M., 11 A.M., 3 P.M., 7 P.M., or 11 P.M., and each works an8-hour shift. The following table shows the minimum number of workers needed during..
|
|
Moral responsibilities does a corporation have
: What social and moral responsibilities does a corporation have?
|
|
What type of evidence might expect to find in these areas
: Using the two crime scene sketches provided for the interior and the exterior, how would you begin to write a proposal for how the crime scene should be searched?
|
|
What is the maximum initial cost the company
: Scanlin, Inc., is considering a project that will result in initial aftertax cash savings of $1.84 million at the end of the first year, and these savings will grow at a rate of 1 percent per year indefinitely. What is the maximum initial cost the co..
|
|
Swiss chocolate manufacturing company
: The following costs and revenue pertain to the Swiss Chocolate Manufacturing Company, a U.S. producer of chocolate bars, for July 2015.Swiss Chocolate Manufacturing Company
|