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Swearingen and McDonald, a small furniture manufacturer, produces fine hardwood tables and chairs. Each product must go through three stages in the manufacturing process - assembly, finishing, and inspection. Each table requires 12 hours of assembly, 20 hours of finishing, and 2 hours of inspection. Each chair requires 4 hours of assembly, 16 hours of finishing, and 3 hours of inspection. The profit per table is $150 while the profit per chair is $100. Currently, each week there are 300 hours of assembly time available, 220 hours of finishing time, and 30 hours of inspection time. To keep a balance, the number of chairs produced should be at least twice the number of tables. Also, the number of chairs cannot exceed 6 times the number of tables. Formulate this as a linear programming problem. Carefully define all decision variables. Find the solution.
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
How do organization predict the short and long- term future? Explain in detail how a downturn in the economy affects not-for- profit organizations, as opposed to for-profit ones.
explain and give for examples hotels services...how them service ?
The earnings, dividends, and common stock price of Carpetto Technologies Inc. are expected to grow at 8% per year in the future. Carpetto's common stock sells for $27.75 per share,
After working for 30 years, Ramjee Somjee Dutt opted for VRS and started a courier company and did very well in the first four years. He was now looking for expansion of his busine
Simultaneity of Production and Consumption of Service Products There is no opportunity to place the service in inventory. This is not always completely, for instance, petrol i
Describe three major important roles of entrepreneurship in the American economy.
In considering the price part of the 4Ps, and the customer demand aspect of that, I'd like you to leave this course knowing about "elasticity of demand". Can you explain how that c
value chain analysis
Explain the term Marketing and Selling. Marketing and Selling : The marketing theory is a management orientation which holds that the key task of the organization is to find o
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