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Giapetto’s Woodcarving, Inc. manufactures two types of toys: soldiers and trains. Each soldier sold generate $3 in profit while each train generates $2 in profit. The manufacture of wooden soldiers and trains requires two types of skilled labor: carpentry and finishing. A soldier requires 2 hours of finishing labor and 1 hour of carpentry labor. A train requires 1 hour of finishing labor and 1 hour of carpentry. Each week, Giapetto can obtain all the needed raw materials but only 100 finishing hours and 80 carpentry hours. Demand for trains is unlimited, but at most 40 soldiers are bought each week. Help Giapetto to maximize his profit. a) Solve the linear program using the simplex method b) Solve the linear program using Solver or LINDO.
The political risk scores for Taiwan and the Unites States were identical in June of 2011. Do you agree that these countries have an identical level of political risk? Why? Why not?
Expando, Inc. is considering the possibility of building an additional factory that would produce a new addition to their product line. The company is currently considering three alternatives: build small plant, build large plant, and do nothing. Reg..
Which of the following is not true regarding the OSHA Investigation Procedure? a). an employee representative is entitled to participate in the inspection of the employer's premises b). prior to walking the premises, the CSHO will convene an opening ..
Work the linear programming word problem below. A candy company makes three types of candy, solid-center, fruit-filled, and cream-filled, and packages these candies in three different assortments
Summarize using your own words the following: Definitions of virtual supply chains, How virtual supply chains function, Advantages of virtual supply chains, Disadvantages of virtual supply chains.
aztec furnishings makes hand-crafted furniture for sale in its retail stores. the furniture maker has recently
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Have you ever had a “bad attitude” toward a situation, a certain course that you didn’t like, or an unattractive job assignment? How did that attitude affect your behavior (i.e. performance, attendance, and so on)? How did you attempt to improve your..
What marketing research should be considered to aid a companys B2B integrated marketing communcation program? Include an example with your explanation. 2-3 paragraphs.
Fee for service payments to hospitals affords limited incentive for efficiency. Beneficiaters who enrol in a health saving accounts must select a high deductible catastropic plan. The prospective payments system for hospitals uses a reimbursement sch..
Assume a fixed-Order Quantity system. A company makes 450 bicycles per month throughout the year. They purchase tires from a supplier with an ordering cost of $50 per order and carrying costs of $3 per tire. What is the optimal time interval for orde..
The news is full of stories about con artists who have bilked thousands of dollars from unsuspecting people. Many of these stories report how a con artist convinced their victim to go into his or her bank and withdraw an unusually large amount of cas..
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