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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.
Nature of Production and Operation Management Operations management is frequently used all along with production management in literature on the subject. It is hence useful to
Analyze what the financial manager provided to the management of Comet Skateboards. Imagine a large firm approached Comet Skateboards with an offer of acquisition. Outline the majo
Consider mean arrival rate is 1 customer every 4 mins and mean service time is 5/2 mins. If waiting cost is $5 per unit per min and cost of serviceing one unit is $4. Find minimum
Determine whether ability or motivation is more important in selecting the right person for the right job. Explain your rationale.
Objectives of Motion Study: 1. Combine relative activities. 2. Increases the efficiency of activities. 3. Reduce physical fatigue. 4. Eliminate as many unnece
Explain Performance Appraisal. It is a systematic and impartial assessment of an employee's performance on the assigned job, along with a view to discovering how well or worse
What are the advantages and disadvantages of full-factorial design over one-factor-at-a-time experimentation?
Practical Application Scenario 2 To complete this scenario, use the Sample Size Estimator file provided in the Resources. The third shift at Microsoft's Windows' security uni
What is Communication in an organisation structure. Communication: An organisation structure gives channels for the flow of information on that the decisions of the organisat
The first stage in the new-product process is idea generation. screening and evaluation. business analysis. new-product strategy development. concept testing.
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