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The firm XYZ produces certain agricultural products such as sugar beet, wheat, and cotton. There are three different arable lands in the region. The table below represents the maximum arable land in acre and available water resource in m3 . Land Maximum arable land (acres) Maximum available water (m3) Land 1 500 900 Land 2 700 1000 Land 3 800 1200 The following table shows the maximum quota in acres, unit water consumption and unit profit per acres of each product. Product Maximum quota (acres) Water consumption (m3 /Acre) Profit ($/Acre) Sugar beet 750 5 1450 Cotton 850 3 1350 Wheat 950 2 1250 The management of the XYZ firm would like to determine how many acres of each product should be planted in each land to maximize the total profit. a) Formulte the LP model of the given problem (objective function and the constraints), b) Solve it by the MS Excel Solver.
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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