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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
Slighty Used Goods has Cash of $2,150 inventory of $28,470, fixed assets of $9,860, accounts payable of $11,900, and account receivable of $4,660. What is the cash ratio?
Consider a queuing system with 2 types of customers. Type 1 customers arrive according to a Poisson process with a mean rate of 5 per hour. Type 2 customers arrive according to a P
Discuss the advantages and disadvantages of end-user computing and determine if this is an application that should be progressively pursued. Explain your rationale
How must organisations have the flexibility to demand occur? Forecasting demand can be complicated and unreliable into an uncertain environment. Therefore a balance requires to
Angies Bakeries is wooried about increased costs. The company invested an additional $3000 to make the baker's oven more energy efficient. The ovens are supposed to be 15% more ene
What basic knowledge do you have regarding the use of ethics in decision making?
The effectiveness of any compensation system to attract, retain and align employee behavior and performance with the objectives of the enterprise is dependent upon management credi
Consider the table below. This time, the historical profitability of eight locations is listed in the table. Devise a regression equation and predict the profitability of a new sit
Using the concepts that you learned in online explanation of control theory, describe the operation of a Subway sandwich shop. Be sure to describe which of the Control Theory's wou
explain the series of steps involved and various factor effecting location decion?
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