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Consider the following linear program: Max 1A + 1B s.t. 5A + 3B ?15 3A + 5B ? 15 A, B ? 0 a. What is the optimal solution for this problem? b. Suppose that the objective function is changed to 1A + 2B. Find the new optimal solution.
Now let's continue our discussion about the financial aspects of owning your own business that are part of, by considering the idea of "ratio analysis". In considering "financial r
Objectives of Operation Process chart 1. It helps to decide whether a further and more detailed record is needed. 2. It is used in the design stages to assist the layout of th
Effect on Costs and Employer: Accidents are harmful when we take into account the business of the concern. It adds to the costs of production directly as well as indire
Father's Cookies produces chocolate-chip cookies in a large oven that holds up to 2,000 pounds of cookies at a time. Annual demand is constant at 200,000 pounds; variable cost is $
Consider a layout decision which has been made in your own organisation. How was the layout devised? What were the key issues?
New Time Videos (NTV) is a new on-line video rental service. In the field, it is trying to compete by offering its customers access to all of the major new video releases in one bu
An analyst must decide between two different forecasting techniques for weekly sales of roller blades: a linear trend equation and the naive approach. The linear trend equation is
Which of the following competitive position of a firm is not as per ADL Matrix? (a) Dominant (b) Favourable (c) Difficult (d) Tenable
Project Management at the Phoenician video case Many times, project decision makers do not rely solely on financial hurdles, such as return on investment or internal rates of re
Explain Job Evaluation. A combination of short statements which describe both the necessary requirements of the particular job and the work to be performed is termed as Job Eva
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