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- Middle-East Incorporated (MEINC) Oil blends gasoline from the following components: Domestic Blend, Foreign Blend Source 1, Foreign Blend Source 2, and an Octane Additive used only in premium gasoline.
- The Foreign Blend Source 1 and Source 2 are transported in the 8,000,000-gallon storage of a large tanker. The tanker has a complex system of small storage compartments allowing any division between source 1 and source 2 of the total capacity.
1. Make a "logical model"
2. Make an "algebraic model"
3. Make a "spreadsheet model"(1page=attached sensitivity report also!!!(2007version please!!!)
A. Clearly define and label all of the variables
B. Do not hard wire parameter values into formulas. Store them in separate cells to facilitate documentation and analysis.
C. Use formatting options of excel to highlight and indent headings and all labels to improve the appearance of the model.
4. Use the excel solver to find the optimal solution
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need to make a memo to company executives explaining why adequate training is important to the company and how the financial costs can be justified
Q. Show the Merits of using return on investment? Merits of using return on investment (ROI) - Relative (percentage) measure so performance can be compared 'relatively' f
Problems of profit based measures - Absolute profit measures ignore the amount of investment in the division e.g. does not look at profit relative to capital employed. -
Question 1: (a) Explain a framework for a company to manage its application portfolio. (b) Apply the application portfolio concept to show the different applications for a
Question 1: a) What is Strategic Management? b) What are the three stages of Strategic Management? c) Why strategy implementation often is considered the most difficult
Develop Strategic Plan This assessment requires that you analyse the capabilities of an organisation and develop a strategic plan. To enable you to do this you must complete t
1. Output standards are easily convertible into labor costs per unit of output. 2. Output standards facilities scheduling and controlling the flow of production thr
Question 1: What is strategy? Discuss Whittington's four generic approaches to strategy. Which approach would be most suitable to Toyota? Question 2: Research has shown
i have to redo the assignment
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