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Q. A company makes four products that have the following characteristics: Product A sells for $75 but needs $20 of materials and $20 of labour to produce; Product B sells for $90 but needs $45 of materials and $20 of labour to produce; Product C sells for $110 but needs $50 of materials and $30 of labour to produce; Product D sells for $135 but needs $75 of materials and $40 of labour to produce. The processing requirements for each product on each of the four machines are explain how in the table.
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..
Suppose which Always Rain Irrigation's marketing department will undertake an intense ad campaign for the bronze sprinklers which are more expensive however also more durable than the plastic ones. Forecast demand for the next four years.
Show the three options given above. Include in your discussion the issues involved and the advantages and disadvantages of each. Which do you consider would be the most beneficial to Eastrex and DSV?
The munchies cereal makes a cereal from several ingredients. Two of the ingredients, oats and rice provide A & B. Formulate a linear programming model. Solve this model using a grid line
Computer-Aided Design is one of the techniques used by Regal Marine in the manufacturing of boats. With the aid of examples, critically discuss FIVE (5) techniques that are important to the design of Regal Marine's product
What is your philosophy of proper business ethics? Develop at least five different points or arguments that support your thinking. Use outside research, textbook analysis and our course as a resource.
Propose this portfolio selection problem by using linear programming. Solve using LP software such as Excel QM or QM for windows. Write out answer step by step if you can't use QM.
The line graph for projected monthly sales at Juan's Records shows a steady increase or 5 albums per month during the year. In January, 100 albums were sold. Describe how many are expected to be sold during the year.
The second subsystem consists of 5 elements in series every with a failure rate of 1/200. Elucidate what is the overall reliability of the system.
This solution offers the student with a brief overview of most important thing you could learn from operations management (as well as an example). It's approximately 230 words and one reference is included.
What are the risks of bypassing the steps in decision-making model provided? Under what circumstances would it be appropriate or inappropriate to use a decision-making model?
PERT Method of project scheduling - PERT requires three time estimates for scheduling a given activity. PERT assumes that the actual activity times are distributed according to the beta probability distribution.
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