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The Stone Company produces three sizes of window fans: small, medium, and large. The manager has formulated an LP model for fan production: maximize 6 x1 + 8 x2 + 5 x3 (profit) subject to Labor 3 x1 + 4 x2 + 5 x3 ? 160 hours Metal 1 x1 + 2 x2 + 3 x3 ? 100 pounds Plastic 2 x1 + 2 x2 + 2 x3 ? 110 pounds Large fan x3 3 ? 18 x1, x2, x3 ? 0 Briefly explain or define each of these parts of the model: d. The terms labor, metal, and plastic
Order Winning, Order Qualifying and Order Losing Criteria Hill (1993) introduced the idea that as well as order winning criteria (OWC), there is also order qualifying criteria
What is a ledger account?
which difference between operation performance and productivity?
what is the problem that you can understand by reading the above situation? how appropriate might a just in time inventory system be for product such as roller skates
Suppose that a small publisher selling to book distributors has fixed operating costs of $600,000 each year and variable costs of $3.00 per book. How many books must the firm sell
Explain why is it important to pay more attention to the firm's ROE if you are the firm's shareholder (investor) and explain how to use the DuPont equation to see how the ROE can b
whether writing, listening, speaking, or attending meetings, communication skills are critical to your success in university and work place.
To determine the standard working time for a special job, following observation data is collected: Observation 1 2 3 4 5 6 7 8 Time (in second) 17 18 15 14 13 15 16 13 a) If the pe
Routing Meaning and Definition Routing is the first but the important and difficult task of the production control. Routing means determination of path or route on whic
Q. Define the strategic positioning by Reck and Long? The strategic positioning tool through Reck and Long: Reck and long looked at the various positions or approaches to su
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