Questions from General Business Management

Q: The Quick and Easy operates five fast-food restaurants in the

The Quick and Easy operates five fast-food restaurants in the UK. Input measures for the restaurants include weekly hours of operation, full-time equivalent staff and weekly supply expenses. Output me...

Q: Recall the RMC problem (Chapter 2, Problem 12). Letting

Recall the RMC problem (Chapter 2, Problem 12). Letting: F = kilos of fuel additive S = kilos of solvent base leads to the formulation: Max 40F + 30S s:t Use the graphical sensitivity analysis a...

Q: Hilltop Coffee manufactures a coffee product by blending three types of coffee

Hilltop Coffee manufactures a coffee product by blending three types of coffee beans. The cost per kilo and the available kilos of each bean are as follows: Consumer tests with coffee products were...

Q: Consider the PortaCom project discussed in Section 12.1

Consider the PortaCom project discussed in Section 12.1 a. An engineer on the product development team believes that first-year sales for the new printer will be 20 000 units. Using estimates of E45...

Q: The Ruiters’ Manufacturing Company produces two products, which have the following

The Ruiters’ Manufacturing Company produces two products, which have the following profit and resource requirement characteristics. Last month’s production schedu...

Q: The RMC Corporation blends three raw materials to produce two products:

The RMC Corporation blends three raw materials to produce two products: a fuel additive and a solvent base. Each ton of fuel additive is a mixture of 0.4 ton of material 1 and 0.6 ton of material 3. A...

Q: Consider the following linear programme: / a

Consider the following linear programme: a. Solve this problem using the graphical solution procedure. b. Calculate the range of optimality for the objective function coefficient of x1. c. Calculate...

Q: Naser Publishing Company is considering publishing a DVD on spreadsheet applications for

Naser Publishing Company is considering publishing a DVD on spreadsheet applications for business. The fixed cost of preparation, design and production setup is estimated to be E80 000. Variable produ...

Q: List and discuss the different stages of the management science approach.

List and discuss the different stages of the management science approach.

Q: A firm has just completed a new plant that will produce more

A firm has just completed a new plant that will produce more than 500 different products, using more than 50 different production lines and machines. The production scheduling decisions are critical i...