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Maxwell Manufacturing makes two models of felt tip marking pens. Requirements for each lot of pens are given below.
Fliptop Model Tiptop Model Available
Plastic 3 4 36
Ink Assembly 5 4 40
Molding Time 5 2 30
The profit for either model is $1000 per lot.
1. What is the linear programming model for this problem?
2. What are the boundary points of the feasible region?
3. What is the profitability at each boundary point of the feasible region?
4. Find the optimal solution.
5. Will there be excess capacity in any resource? If so, how much excess capacity?
Netflix would be an example of which of the following approaches to managing customer induced variation? Cost penalties Uncompromised reduction Classic reduction Classic accomm
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Determine the sample standard deviation(s) for the following data: 7, 9, 2, 0, 1, and 5. s = 2.805 s = 3.266 s = 2.927 s = 3.578
Q3. What do you understand by “line balancing”? What happens if balance doesn’t exist?
Responsiveness - Customers Needs for a Product How quickly the operations system reacts to changes in customer demand. This may be considered as customisation but in terms of
Garden Variety Flower Shop uses 760 clay pots a month. The pots are purchased at $2 each. Annual carrying costs per pot are estimated to be 30 percent of cost, and ordering costs a
Explain various numbers of goods as output from similar amount of resources (input) in improving productivity. Management can raise productivity that is management can get vari
Read the Location Selection through Integrated Systems Management article. Define Integrated Systems Management in your own words and discuss the application of the 3 stages of fac
From the video, take a position whether an organization has the right to monitor employee's emails and online usage
What is economic value?
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