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A farmer has 10 acres to plant in wheat and barley. He has to plant at least 7 acres. However, he has only $1200 to spend and each acre of wheat costs $200 to plant and each acre of barley costs $100 to plant. Moreover, the farmer has to get the planting done in 12 hours and it takes an hour to plant an acre of wheat and 2 hours to plant an acre of barley. If the profit is $500 per acre of wheat and $300 per acre of barley how many acres of each should be planted to maximize profit? Construct the Linear programming model.
State of nature decision S1 S2 S3 D1 250 750 500 D2 300 -250
Breakeven Problem 1. Avila Manufacturing plans to increase capacity by adding new equipment. They have received two proposals. Fixed CostVariable Cost/Unit Proposal A $32,
Q1. Is changing the organization's domain a feasible strategy for coping with a threatening environment? Can you think of an organization in the recent news that has changed its do
What are "competencies?" Explain, and provide two or three examples.
If random variable X follows the Normal distribution. X~Normal(10,10). Which among the following statements are correct? Answer a. P(X b. P(X=10)=0 c. P(X>8)=1-P(X
Discuss the challenges and opportunities facing new types of payers and IDSs due to the ACA.
When linking marketing requirements and manufacturing strategy, what design approaches for shop floor system should be considered? JIT and Lean MRP and PAC MRP and JIT
what are the scope of operation research
Explain the impact that batch size has on flow. Explain why the EOQ formula works.
What is the difference between personal and business ethics?
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