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application of operations research in managerial decision making
In the table given below the Distribution Manager is expected to service these DCs as per the demands placed. If the actual sales after completing week one is as follows, what woul
ABC Co manufactures a subcomponent at the rate of 400 per day when required. Its annual demand for this item is 50000 unites. Assume 250 working days per year. Holding cost is $10
Eric Johnson makes billiard balls in his New England plant. With recent increases in his costs, he has a newfound interest in efficiency. Eric is interested in determining the prod
Think of an organization with which you are personally familiar (best), or of which you are aware through word of mouth or reading. Identify one underlying value, belief, or assump
A company is considering whether to replace a machine. The old machine costs $90,000 and is being depreciated at 10% per annum using the straight line method. It is written down va
When is it ok to forgo economic profit in order to increase social returns?
What is the difference between significance and meaningfulness? Which one is more important to experimental results and why do you think so?
1. A shirt manufacturer buys cloth by the 100-yard roll from a supplier. For setting up a control chart to manage the irregularities (e.g., loose threads and tears), the followi
Product Layout - process design Where the volume of output is high, as in large-batch and continuous operations, it becomes economically viable to lay out the processes conti
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