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Are the following objective functions for an LP model equivalent? That is, if they are both used, one at a time, to solve a problem with exactly the same constraints, will the optimal values of X1 and X2 be the same in both cases? Why or why not? MAX: 2X1 + 3X2 MIN: -2X1 - 3X2
Why would they remain the same?
Public sector unions now account for more than half of union members, while the private sector accounts for less than half. Why has this change occurred?
Baker Mfg. inc. wish to compare its inventory turnover to those of industry leaders, who have turnover of about 13 times per year and 8% of their assets invested in inventory. 1. B
Analyze the relationship between analysis, planning, implementation, and control. Provide an example of a product or service that flows through the relationship. Break down this pr
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1. What are the steps in the method study procedure? Answer: Select, record, examine, develop, install, maintain.
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What is a ledger account?
The following table shows financial data for Costco and wal mart: CostcoInventories: $3,643Sales (net): $48106COGS: $41651 Wal Mart:Inventories: $29447Sales (net): $286103COG
Goldratt - Theory of Constraints 1 identify the systems constraints 2 exploit the systems constraints 3 subordinate everything else to the above decision 4 elevate
Generate and discuss examples of problems and opportunities that have inspired change in business today
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