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A Western New York semiconductor manufacturer, the Buffalo Chip Company, has in the past had as its principal product the semiconductor logic circuit chips which are used as the building blocks in almost any electronic device. Recently, Buffalo Chip acquired a calculator manufacturing facility which is on an adjacent lot. Each hand-held electronic calculator manufactured by this facility uses 10 circuit chips identical to those produced by Buffalo's chip factory. Very recent price changes make it unclear whether either of both factories are profitable, Chips can be bought for $3 and sold for $2.50 on the market (transportation and handling make the difference). The chip facility has a capacity for 20,000 chips per month. The calculator facility has a capacity for 3,000 calculators per month. The variable cost of producing a chip (including raw materials) is $2. The variable cost of producing a calculator is $20, exclusive of the cost of the 10 chips used per calculator. Each calculator can be sold for $45. Define the decision variables and write the linear program appropriate for maximizing monthly profit contribution. What is the optimal solution?
Each email will be approximately two-three concise, professionally-written paragraphs in an appropriate tone. Post both emails in the same document.
The earnings, dividends, and common stock price of Carpetto Technologies Inc. are expected to grow at 8% per year in the future.
How has the Internet changed the way that marketers collect both primary and secondary data? Give some specific examples.
Some have argued the Six Sigma programs are merely repackaged versions of older quality improvement programs that originally accompanied TQM initiatives in the 1980s. Present arguments that both support and refute this view.
What are the potential ethical and conflict of interest issues arising from CEO involvement in the selection of board members? How can these issues be addressed?
What other analytical techniques are available to help a company like Wheeled Coach deal with layout problems? What suggestions would you make to Bob Collins about his layout? How would you measure the "efficiency" of this layout?
In a job shop, effective capacity is only 49 percent of design capacity, and actual output is 60 percent of effective output. What design capacity would be needed to achieve an actual output of 20 jobs per week?
what is a "common-size financial statement" and how would it assist you to manage your business successfully?
managers can mitigate some of the effects of worker stress by judiciously using safety stocks and emphasizing material flows rather than worker pace.
suppose an operation has excess capacity (i.e., it is not a bottleneck) however the setup time between batches is not insignificant. Should process batches be large or small? What determines the size of a process batch?
Compare an organizational structure and an organizational process.
Instructor has provided information about first test grades in some previous classes as well as final average for same students. Some of these grades have been sampled also are as followed.
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