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The Apex Television Company has to decide on the number of 27" and 20" sets to be produced at one of its factories. Market research indicates that at most 40 of the 27" sets and 10 of the 20" sets can be sold per month. The maximum number of work-hours available is 500 per month. A 27" set requires 20 work-hours and a 20" set requires 10 work-hours. Each 27" set sold produces a profit of $120 and each 20" set produces a profit of $80. A wholesaler has agreed to purchase all the television sets produced if the numbers do not exceed the maxima indi- cated by the market research.E* a.Formulate and solve a linear programming model for this problem on a spreadsheet. b.Formulate this same model algebraically. c.Solve this model by using the Graphical Linear Pro- gramming and Sensitivity Analysis module in your Interactive Management Science Modules to apply the graphical method.
Broad Bands - How does this concept work today in a period of high unemployment, low pay increases, and a job market which favours the employer?
Imagine that you are the product manager for a new electric car similar to the Chevrolet Volt. Using all of your knowledge of the new product life cycle, speculate on the stages
You are manger of a bakery, where only pizza's are baked. For this purpose,you purchse flour at a rate of Rs.4/kg. It is notices that in a week at most five pizza's can be sold. At
Last week employees at Renee's Fashions worked 360 hours to produce 128 garments. Of these, 8 were seconds which were sold at the outlet store for $90 each. The remaining 120 garme
How is the chase demand strategy opposite of level capacity? Chase demand strategies: Chase demand strategies are the totally opposite of level capacity in which the orga
explain term related to historical evolution of production and operation management
An assembly line normally operates two shifts a day, five days per week. The planned capacity of the assembly line is 380 units/shift. Determine the average safety capacity if 700
As the end of the year comes to a close, the CEO is evaluating Motorola's strategic approach and its ability to produce desired results for the company in the future. The CEO has a
Given this information: Lead-time demand = 630 pounds Standard deviation of lead time demand = 40 pounds (Assume normality.) Acceptable stockout risk during lead time = 4
Create a fictional company and develop a memo to communicate the importance of a business continuity plan to the board of directors. The completed assignment should be at least 25
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