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Edwards Manufacturing Company purchases two component parts from three different suppliers. The suppliers have limited capacity, and no one supplier can meet all the company’s needs. In addition, the suppliers charge different prices for the components. Component price data (in price per unit) are as follows: Supplier Component 1 2 3 1 $10 $12 $14 2 $10 $10 $11 Each supplier has a limited capacity in terms of the total number of components it can supply. However, as long as Edwards provides sufficient advance orders, each supplier can devote its capacity to component 1, component 2, or any combination of the two components, if the total number of units ordered is within its capacity. Supplier capacities are as follows: Supplier 1 2 3 Capacity 600 1050 775 If the Edwards production plan for the next period includes 1050 units of component 1 and 800 units of component 2, what purchases do you recommend? That is, how many units of each component should be ordered from each supplier? Round your answers to the nearest whole number. Supplier 1 2 3 Component 1 Component 2 What is the total purchase cost for the components? Round your answer to the nearest dollar. $
Let's talk about the number of levels between upper management and labor. In your experience, how do a flat organization (one with only a few levels of difference between upper management and labor) and a tall organization (one with many levels betwe..
quantitative analysis for decision making class- question 1-search the internet and the articles database in the
Research ERP systems by visiting the ERP company provider website of your choice what are the challenges associated with acquiring and deploying an ERP system? Cite any references you use at the end of the paper.
Grand Gaudeaux Cruise Lines specialized in talking passengers on luxury cruises to the Gaudeaux island chain in the Caribbean. Because of its financial success and good reputation in the industry, Grand Gaudeaux had recently been able to expand its p..
How high should the goodwill cost be so that the CEO's stock out rule holds?
Elucidate what are some examples of describe how these creative thinkers have applied innovation, design, or creativity. Elucidate what are the similarities also/or differences among these creative thinkers. Explain your answer.
What are the most important skills a leader may possess? How may these skills be used in an organizational setting? What methods may you use to improve your skill set to become a more effective leader
In the linear programming shipping problems, why was it necessary to specify some of the constraints as strict equalities, rather than the inequalities that perhaps made more sense from the perspective of the formulation?
Sketch the results of a sensitivity analysis
Do a search of media reports on apparent strategic failures in the health care or biotechnology industries (e.g. divestment of a business, layoff of a large proportion of the workforce, very large losses over several years).
The motor carrier industry is known to contain a high percentage of variable costs and a relatively lower percentage of fixed costs. Why is this case? In your initial discussion board post, make an argument for 2 - 3 variable costs that motor carrier..
Air China is regularly selling out the cargo belly hold capacity on its scheduled Beijing to Los Angeles passenger flights. Air China is considering leasing a Boeing 747-400 freighter (originally a passenger aircraft, but converted to all- cargo) to ..
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