QUESTION 3 Consider the following linear programming problem: Which of the following points (X,Y) is feasible? Maximize 5X + 6Y Subject to: 4X+ 2Y ≤ 420 1X + 2Y ≤ 120 all variables ≥ 0 A) (50,40) B) (30,50) C) (60,30) D) (90,20) E) (40.50)
Q: Identify ten innovative unique green technology and explain in detrail why they are called so.
A: Green tech–or green technology is the aspect of technology that deals with using technology and…
Q: Explain the importance of customer feedback and how CRM systems facilitate the collection and…
A: Customer feedback is a valuable asset for business, offering data regarding consumer preferences and…
Q: Task Project Selection Research Requirment Constraints Final Presentation B Start Date 24/9/2023…
A: A Gantt chart is a visual project management tool that depicts the chronology and tasks of a…
Q: Based on the MiniMax Regret Method, what is the value for the Decision Alternative Sell software on…
A: SuccessModerate successFailureSell company150150150Form joint venture500585114Sell software on own…
Q: Problem 2-14 (Algo) As operations manager, you are concerned about being able to meet sales…
A: Productivity is an aspect of the production sector that involves the process of determining results…
Q: What are the key aspects related to process variation in operations management?
A: One of the core ideas in operations management is process variation. It includes all of the normal…
Q: escribe Project Management.
A: Project management is a systematic approach to planning, executing, and overseeing the successful…
Q: Boxes of Honey-Nut Oatmeal are produced to contain 14.0 ounces, with a standard deviation of 0.10…
A: Given that:Mean value14S.D0.1Sample Size493-sigma control limits3
Q: Data collected on the yearly registrations for a Six Sigma seminar at the Quality College are shown…
A: Forcasting is one of the most common methods of today's business operation where certain future…
Q: There are many models that describe the behaviours and roles of successful managers but no one model…
A: Every management style has its own advantages and disadvantagavailable. There are several…
Q: Only typed explanation otherwise leave it United Research Associates (URA) had received a contract…
A: As they gain experience, businesses and industries utilize learning curve analysis to estimate how…
Q: Imagine that you are a new employee in the engineering organization of a large camping equipment and…
A: In the realm of corporate strategy and organizational development, the implementation of a PLM…
Q: The fixed and variable costs for three potential manufacturing plant sites for a rattan chair weaver…
A: In the domain of business and operations management, location planning is a crucial decision-making…
Q: How do software product managers prioritize features and enhancements in a product's roadmap?…
A: Software product managers follow a comprehensive process to prioritize features and enhancements in…
Q: Detailed planning and control is about drafting production plans for days/weeks.
A: Planning and control in the arena of production management is an important process that entails…
Q: Bob and Dora Sweet wish to start investing $1,000 each month. The Sweets are looking at five…
A: Amount available for investment per month = $1,000Objective is to maximize the expected return each…
Q: The specifications for a plastic liner for a concrete highway project calls for thickness of 5.0 mm…
A: Capable process is one that is able to meet the customer specifications in terms of output. It is…
Q: What considerations should organizations keep in mind when selecting IT vendors and partners?
A: An organization's success in today's technology-driven business environment greatly depends on the…
Q: Discuss the role of data analytics and artificial intelligence in enhancing CRM applications. How do…
A: Client Relationship Management (CRM) has become crucial for creating and sustaining solid client…
Q: b) The control limits for the 3-sigma R-chart are: Upper Control Limit (UCLR) = lb. (round your…
A: Overall mean = 57.75R bar = 1.64n= 7
Q: UCLp = LCL = (enter your response as a number between 0 and 1, rounded to four decimal places).…
A: The P chart is also the proportion chart, a statistical control chart used in quality control to…
Q: Jacob is the owner of Jacob’s Jam. What started as a hobby, quickly turned into a successful…
A: Corporate Governance is the aspect of business that deals with the process or way in which…
Q: Explain the challenges and strategies for internationalization and localization of software products…
A: Internationalization and localization are crucial aspects of developing and selling software…
Q: Please original work Natalie and Vinnie own the Russian River Brewing Company, a craft brewer and…
A: Total quality management is the aspect of operation management that focuses on the quality…
Q: Explain the concept of omni-channel CRM and its relevance in today's competitive business…
A: Businesses use the strategic approach known as omni-channel customer relationship management, or…
Q: A green belt is going to monitor the process by collecting more than 10 samples per group. Which of…
A: In statistical process control, control charts are essential tools for monitoring and managing…
Q: Explain the concept of mobile device procurement and its importance in IT resource management.
A: The strategic process by which businesses buy smartphones, tablets, and other portable electronics…
Q: How does the role of a stakeholder differ from that of a project sponsor, and what impact do they…
A: In the fast-paced corporate environment of today, project management is an essential subject. It…
Q: You are creating a customer database for the Hillsboro Hops minor league baseball team. Given the…
A: Critical path method is project management tool (others e.g WBS, PERT). It uses flow chart of…
Q: Develop the network activity (AON) chart and identify the critical path for a project based on the…
A: AON diagrams, or "Activity-on-Node" diagrams AON diagrams aid in more efficient project planning and…
Q: (b) Johnson and Johnson Ltd has four plants each of which can manufacture any one of the four…
A: A linear objective function and a collection of linear constraints form the conventional linear…
Q: 4. You want your 80 kg client to expend 2000 calories per week on a stationary bike. If she…
A: Weight = 80 kgCalories = 2000Exercise rate = 1200 kgm/min
Q: The Farmer's American Bank of Leesburg is planning to install a new computerized accounts system.…
A: Project management is the aspect or part of management that helps in overseeing the tasks and…
Q: What are perception and atrribution in Organizational Behavior?
A: Organizations function in a dynamic business environment which keeps on changing. It is important to…
Q: The Carbondale Hospital is considering the purchase of a new ambulance. The decision will rest…
A: Estimating future demand for a product or service is a crucial practice in business and operations…
Q: Three point estimates and bottom up estimating are used in developing: (select one correct answer)…
A: Planning and project cost estimation are crucial components of project management. They entail…
Q: In the following table the activities with their precedence sequence and expected time (days) are…
A: An illustration of the order of tasks or activities in a project that emphasizes their…
Q: After an extensive product analysis using group technology, Leon Bazil has identified a product he…
A:
Q: Describe the role of IoT in optimizing supply chain management.
A: The term IoT, which represents the Internet of Things, incorporates an organization of…
Q: Write a brief description of a midsize supplier of wood products and what it does.
A: A company that finds, prepares, and distributes wood goods to consumers and companies is referred to…
Q: Explore the ethical considerations and decision-making processes involved in prioritizing recovery…
A: In times of crisis, organizations must prioritize their recovery efforts to minimize disruption,…
Q: P.l.e.a.s.e. .h.e.l.p. .m.e. .m.a.k.e. .a. .r.e.c.o.m.m.e.n.d.a.t.i.o.n. .f.o.r. .K.F.C. .b.a.s.e.d.…
A: The popular fast-food restaurant KFC has made a lasting impression in the Philippines thanks to its…
Q: In the following table the activities with their precedence sequence and expected time (days) are…
A: The time span required to complete a certain project is referred to as the project duration. It is a…
Q: In the standard P-A model, P sets the parameters of the contract: the base pay k and the piece rate…
A: The question relates to the principal-agent (P-A) model, which is commonly used in economics and…
Q: The actual number of patients at Providence Emergency Medical Clinic for the first six weeks of this…
A: Week 1Actual No. of Patients165268377459566675
Q: e- What and why would be the type of the quantity used in the break even analysis and what would be…
A: Operations management is one of the branches of managing the organization. This includes managing…
Q: Upper Control Limit (UCL) = Lower Control Limit (LCL) = Jounces (round your response to two decimal…
A: Mean (x) = 14Standard deviation (s) = 0.10Sample size (n) = 36Z = 3
Q: Determine the upper and lower control limits for a mean chart, if you choose to use a sample size of…
A: Mean = 50Standard deviation = 1.72Sample size = 5
Q: Compute the variable- and fixed-cost elements using the regression analysis. Present your solution…
A:
Q: Min Z = Subject to: 4x1 + 3x2 > 200 (constraint 1) 2x₁ + x2 ≥ 70 (constraint 2) > X1, X₂ ≥ 0 O 35…
A: Objective function:Min 7x1 + 5x2Constraints:C1 = 4x1 + 3x2 ≥ 200C2 = 2x1 + x2 ≥ 70x1, x2 ≥ 0The…
J
Trending now
This is a popular solution!
Step by step
Solved in 3 steps
- QUESTION 2 a) b) Ferrero Candy Company makes three types of candy, which are solid, fruit and cream- filled and packages these candies in three assortments. A box of assortment I contains 4 solids, 4 fruits and 12 creams. While, a box of assortment II contains 12 solids, 4 fruits and 4 creams. Lastly, a box of assortment III contains 8 solids, 8 fruits and 8 creams. The company can manufacture up to 4800 solids, 4000 fruits and 5600 cream candies weekly. The profit each box of assortment I, II and III are RM4, RM3 and RM5 respectively. The company wishes to maximize its profit. Formulate the problem as a linear programming model. A manufacturing company produces three types of products (R, S and T). The following is an incomplete final simplex tableau for a linear programming maximization problem. X₁, X₂ and X3 represents the units of products R, S and T, respectively. S₁, S2 and S3 are the slack variables for Resources 1, 2 and 3, respectively. i. ii. A 5 4 Basic X₂ X3 X₁ Zj Cj-Zj X₁…Question 2 A particular road is used by N drivers each day. Each driver obtains a benefit v from the journey and incurs a cost c(N ) that increases with the number of drivers on the road due to congestion. Suppose that the cost incurred is given by c(N) = a+bN, for some positive numbers a, b. If the agent decides not to use the road, they receive 0. You may assume throughout that the number of drivers N can be any real number (rather than an integer). Each driver uses the road at most once. the number of drivers that join the road is Ne = (v−a)/b (iv) Suppose that the government charges a toll t (a congestion charge) for each journey. Find the optimum toll. Interpret your answer in terms of the externality that each driver imposes on others.QUESTION 8 We must add for converting a less-than-or-equal constraint for use in a simplex table, O a surplus variable O an artificial variable. O a slack variable O none of the answers O both a surplus and a slack variable
- Question 5 We have a dataset of different countries and we want to generate an indicator that indicates whether the country is in Africa or not. We also have a variable named "continent" that is a categorical string variable indicating the continent of the country. What is the correct syntax to generate an indicator variable named Africa that is equal to 1 if the country is in Africa and 0 otherwise: gen Africa = (continent=="Africa") gen Africa = (continent==Africa) gen Africa= (continent = "Africa") gen Africa = 1 if continent == "Africa"QUESTION 10 (Using the same problem) A vendor for the local ballpark food stand is questioning whether to stock his concession with a large or small inventory. He believes that it will depend upon the size of the crowd. He has developed a payoff matrix for the various alternatives (stocking decision) and states of nature (size of crowd). What is the answer using the criterion of realism (hurwicz) with an alpha of .7? Alternatives Large Inventory Small Inventory Probability OA) $61,500 O B) $130,000 O C) $64,600 O D) $23,500. O E) $153,400 Large Crowd $220,000 $90,000 .20 PROFIT ($) Average Crowd $50,000 $70,000 1.50 Small Crowd -$2,000 -$5,000 30Question 3. Solve question using Excel. The graph and profit result should automatically update if any of the constraints or objective function change. Max profit = 4X + 6Y Subject to: X + 2Y =0 (non-negativity)
- > Question 11 For a maximization problem, the optimistic approach often is referred to as the maximin maximax minimin minimax approach.Question 1 An electronic component manufacturer has two facilities producing a range of resistors. Facility 1 costs €2000 per day to operate. Facility 2 costs €2500 per day to operate. The production capacities per day are as follows: Facility 1 Facility 2 Orders 25,000 Resistors 1% tolerance: 400 300 Resistors 5% tolerance 300 400 27,000 Resistors 10% tolerance 200 500 30,000 How many days should the manufacturer operate each facility in order to minimise its costs and still produce sufficient resistors to meet its orders? a. Formulate the problem as a linear programming model (hint: let X1 represent the number of days that Facility 1 should operate and X2 represent the number of days that Facility 2 should operate). b. Solve the problem using graphical linear programming (corner point) techniques. Question 2 Solve question 1 above using Excel. The graph and minimum cost result should automatically update if any of the constraints or objective function change.Given the region of feasible solutions with corner points of (0,3), (4,2), (6,3), and (6,6), find the corner point that would minimize the objective function z = x +10y and state the minimum. Question 3 options: 66 3 24 36
- Question 34 The term "soft constraints" is associated with which of the following? Goal Programming Expected Monetary Value Network Models Integer ProgrammingQuestion A firm that assembles refrigerators and stoves is about to start production of new models of each. Each model will require assembly time, inspection time, and storage space. The amounts of each of these resources that can be devoted to the production of the items is limited. The manager of the firm would like to determine the quantity of each item to produce in order to maximize the profit generated by sales. He has the following data at his disposal: Refridgerators Stoves Profit per unit $60 $50 Assembly time per unit 4 hours 10 hours Inspection time per unit 2 hours 1 hour Storage space per unit 3 cubic feet 3 cubic feet Other information Resource Amount of time available Assembly time 100 hours Inspection time 22 hours Storage space 39 cubic feet Questions - •Identify the feasible solution space. •At which point will profit be maximized?Question 17 One problem in the interstate trucking industry is the number of trucks that return empty ncorrect after making a delivery. There is a website where independent 0.00 points out of 1.00 interstate truckers can look for loads to carry on their return trips, known as backhauls. Because the trucks * Flag question would normally return empty, truckers who use this website to generate business they would not have had otherwise receive a reduced shipping rate. This reduced rate for a backhaul is an example of Select one: a. target pricing. b. odd-even pricing. C. cost-plus pricing. d. yield management pricing. e. penetration pricing.