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A furniture manufacturer produces tables and chairs. Each table and chair must be made entirely out of oak or entirely out of pine. A total of 150 board feet of oak and 210 board feet of pine are available. A table requires either 17 board feet of oak or 30 board feet of pine. A chair requires either 5 board feet of oak or 13 board feet of pine. Each table can be sold for $40, and each chair can be sold for $15. Determine how this furniture manufacturer can maximize its revenue.
Why do organizations need to calculate a threshold for a reorder? How could this affect sales?
Question: S&V Industries manufactures book cases. Different sizes of cases are kept in inventory. The company has 80 man-hours and 36 pounds of wood available each day. 2 pounds of
How can you use Systems Thinking to simplify your daily life? Or is System Thinking just a "corporate" way of defining and justifying common sense?
I lost my rental book and I need to pay for it and I am trying but it said that is an error on the system and I can't pay for it, can you help me to figure this out please.
Understanding or Knowing Customer - Customer Satisfaction and Service Quality Involves making the effort to understand the customer's needs. It involves: learning the customer
There are tangible and intangible strategies that organizations can evaluate their system effectiveness on. Based on Tangible value, Revenue increase, Cost decrease---labour, mater
Determine the price and quantity of toasters: There are 100 producers of toasters. Half of the producers are "low quality," i.e. their products will break with probability of
Put Simply, operational layout is about deciding where to put all the facilities, machines, equipment and the staff with in the operation. For an organization of you choice discuss
What is the market share, sales levels and profit for the last 5 years for Subway Restaurant and Chick-Fil-A restaurant?
factor internal and external influence forecasting
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