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The Fido Dog Food Company wishes to introduce a new brand of dog biscuits (composed of chicken and liver-flavored biscuits) that meets certain nutritional requirements. The liver-flavored biscuits contain 1 unit of nutrient A and 2 units of nutrient B, while the chicken-flavored ones contain 1 unit of nutrient A and 4 units of nutrient B. According to federal requirements, there must be at least 40 units of nutrient A and 60 units of nutrient B in a package of the new mix. In addition, the company has decided that there can be no more than 15 liver-flavored biscuits in a package. If it costs 1 cent to make a liver-flavored biscuit and 2 cents to make a chicken-flavored one, what is the optimal product mix for a package of the biscuits in order to minimize the firm's cost? (a) Formulate this as a linear programming problem. (b) Find the optimal solution for this problem graphically. (c) Are any constraints redundant? If so, which one or ones? (d) What is the total cost of a package of dog biscuits using the optimal mix?
What kind of data is appropriate for smoothing methods (like mov ave/wtd mov ave/expo smoothing)? What kind of data is appropriate for trend projection? For regression? Give an example of the type of data for one of the three methods.
How might a manager go about identifying the skills that the company will need in the future? Describe the "make or buy" option and how it can be applied to HR.
Assess the effect of mergers and acquisitions on the companys customers, employees, and shareholders, and determine how what has been learned can be applied to companies doing acquisitions and mergers in the future. your question here.
What types of retailers will your company use for distributing your product? Discuss the advantages and disadvantages of using this type of retailer.
Compare and contrast JIT and MRP. Explain your answer in detail. What is one of the key elements of an effective PAC system? Why is this element so important.
You have been asked to analyze the bids for 200 polished disks used in solar panels. These bids have been submitted by three suppliers: Thailand Polishing, India Shine, and Sacramento Glow.
Both production lines can produce all the different types of nozzles. The bronze machines needed for the bronze sprinklers require two operators and can produce up to 12,000 sprinklers.
Why has responsiveness become popular in supply chain strategy also collaboration. Compare also contrast manufacturing also geographic postponement.
how would you proceed? What tools would you use? Briefly describe a time when you or a colleague were in this position and it was handled successfully.
Discuss the evolution of HRM as a profession over the past 50 years. Be sure to include the effect of HRM managers on organizational productivity. Please note this question, like all the questions in this exam, are based on the textbook by Lussier..
Compare and contrast benefit-cost, cost-effectiveness, and cost-utility analysis and determine which is the most useful to assess the value of health care services overall. Provide specific examples to support your response.
Describe managerial skills and behaviors that would be required to manage effectively in a functional department.
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