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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.
discuss the layout of any supermarket of your choice
At what rate of interest, compounded annually, will an investment triple itself in (a) 8 years ? (b) 10 years? (c) 12 years?
What are the advantages of process mapping? Advantages of process mapping are as follows: a. It can be used for structured ‘walk by testing to confirm knowing of workflow, c
Analyze the different approaches to innovation discussed in this chapter to determine which approach you think would be the greatest value to the greatest number of organizations.
When communicating a change, which role is more important: reporter of information or sense maker? Why
Question 1. It is often said that profit maximization is the sole objective of business conduct. Do you agree with this view? Justify your answer using at least one example /
Genny, Inc. bonds have a 9% coupon rate with semi-annual coupon payments. They have 9 1/2 years to maturity and a par value of $1,000. Compute the value of Genny's bonds if investo
1. Draw a process flow diagram of the process described in the case. Be sure to identify the key resources involved and the task times at each step. 2. What is utilization at ea
Based on the description of Coyote Community College and its environment, what specific types of measures should they include in each of their perspectives of the balanced scorecar
A manufacturer of printed circuit boards uses exponential smoothing with trend to forecast monthly demand of its product. At the end of December, the company wishes to forecast sal
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