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Harkin Electronics is planning its production next quarter for its two product lines, relays and capacitors. Profit contribution is $250 for a case of relays and $200 for a case of capacitors. The company uses three resources to produce its product. Labor, stamping capacity and testing capacity. Next quarter 80,000 hours of labor will be available; a case of relays requires 200 hours of labor and a case of capacitors require 150. The company has two stamping machines each are available for 800 hours next quarter, and a case of relays requires 4 hours on the stamping machine and a case of capacitors require 2 hours. Relays require 5 hours on the testing machine and capacitors require 3 hours. The testing machine will be available for 2,000 hours next quarter. The company has outstanding orders for 500 relays. Formulate as a linear programming problem.
scheduling and sequencing are typically viewed from a technical perspective that is they are focused on minimizing
Mike has been hired by a publishing company to write a companion book for a particular text sold to college students. In 2010 Mike completes the companion book and he signs over his copyright to the publisher. The publisher actually publishes the boo..
What is the probability that Lynn will have more than $1 million in her retirement fund when she reaches age 60?(psitarget(f35,1000000))
Then think about a product(s) you recently purchased-which inventory costs category is probably the largest for this product(s) and how could this category of inventory cost be reduced? Be sure to defend your answer and respond to at least 2 othe..
Is minimizing the VaR the same as minimizing the variances of the portfolio? Answer Yes or No, and justify. For a fixed return, is minimizing the VaR the same as minimizing the variances of the portfolio
John and Joseph own real property as joint tenants. On John's death, what is the status of the property as to ownership? Harry had a fence on the property line between his farm and an adjoining farm. The fence was put up in 1970 by Harry. In 2010, hi..
Take the role of a consultant who has been called in for advice by the company president, Marybeth Corbella. What do you recomm
Calculate the process capability statistics for the outside diameters of the bottles made on the injection molding machine at te Moby Molding Co. (from prob. 8-36). Use 0.12 as the upper tolerance limit and -0.10 as the lower tolerance limit for this..
This is a mail-order business for kitchen equipment. Annual demand for its best seller item is 25,000 units. This best seller item is sold at $350/unit, including shipping and handling. It has an earning markup of 20%. What should be the cost per uni..
What are the primary political obstacles in using explicit trade-off analysis in health policy making?
Artists’ Advantage sells painting supplies. The most basic brush for watercolors, the T100, sells 2,080 per year. The order cost is $30 per order, and the holding cost is $3.00 per box. The lead time for an order is 3 weeks, and the standard deviatio..
What characteristics make good/effective global managers. What characteristics make bad/ineffective global managers
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