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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
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1. To what extend does lean manufacturing help GM to control production to meet customer needs, and how does this help to make GM competitive? 2. Do you think the implementation
Karen Villagomez, president of Wright Industries, is considering whether to build a manufacturing plant in the Ozarks. Her decision is summarized in the following table: Alternativ
1. The chapter mentions the theory of transaction cost analysis (TCA). What role does TCA play in the decision to use a company sales force rather than independent manufacturers' a
Your company makes baby seats for cars and RVs. Your main product was designed some time ago, and new and better engineering data are available, but your product has a good record
Your new small business has really grown, but now it needs a substantial infusion of capital. A venture capitalist firm has agreed to invest the money you need. In return, the vent
What are the primary elements of each of the three types of risk control? Assume you are in a hazard hunt; list a few factors in your job that may contribute to a hazard and how li
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McDonalds Inventory $128.40Revenue $17, 140.50COGS $ 11943, 70Gross Profit $5,196.80 Wendy's Inventory: $54.40Revenue: 3148.90COGS: 1634.60Gross Profit: 1514.40 A. What were
To be considered lawful, a voluntary affirmative action plan must meet all of the following criteria except: a. it must be permanent b. It must exist to eliminate past imbalances b
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