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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.
Describe how Electronic Data Interchange (EDI) has helped transform Business to Business (B2B) operations. Business to business (B2B) operations refers to the way in which buy
Why do you think many firms are experiencing an increase in their levels of outsourcing?
List and briefly discuss the five main parts of the operations planning control (OPC) system
State of nature decision S1 S2 S3 D1 250 750 500 D2 300 -250
Explain Porter's Five Forces Model and how Bill can use it to analyze his current business and his expansion. Be sure to address each of the 5 forces and explain to Bill what they
What does it take to influence a sales team to achieve excellent results in generating revenue and profit? To help understand this process, discuss some of the most important cri
You have been asked to estimate the costs for a project to build an industrial power plant. Based on historical data, the steam turbine accounts for 30 percent of the total costs f
A paper mill produces two grades of paper viz., X & Y. Because of raw material restrictions, it cannot produce more 400 tons of grade X paper & 300 tons of grade Y paper in a week.
Reliability - Customer Satisfaction and Service Quality Involves consistency of performance and dependability. It means that the firm performs the service right the first tim
Wonka Confectioners most recent FCF was $48 million, which is expected to grow at a constant rate of 6%. The firms WACC is 12% and it has 15 million shares of common stock outstand
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