Questions from General Business Management

Q: Hinkel Rotary Engine, Ltd., produces four- and six cylinder

Hinkel Rotary Engine, Ltd., produces four- and six cylinder models of automobile engines. The firm’s profit for each four-cylinder engine sold during its quarterly production cycle is $1,800 -...

Q: Motorcross of Wisconsin produces two models of snowmobiles, the XJ6 and

Motorcross of Wisconsin produces two models of snowmobiles, the XJ6 and the XJ8. In any given production-planning week, Motorcross has 40 hours available in its final testing bay. Each XJ6 requires...

Q: During the busiest season of the year, Green-Gro Fertilizer

During the busiest season of the year, Green-Gro Fertilizer produces two types of fertilizers. The standard type (X) is just fertilizer, and the other type (Y) is a special fertilizer and weed-kille...

Q: Pat McCormack, a financial advisor for Investors R Us, is

Pat McCormack, a financial advisor for Investors R Us, is evaluating two stocks in a particular industry. He wants to minimize the variance of a portfolio consisting of these two stocks, but he want...

Q: Summertime Tees sells two very popular styles of embroidered shirts in southern

Summertime Tees sells two very popular styles of embroidered shirts in southern Florida: a tank top and a regular T-shirt. The cost of the tank top is $6, and the cost of the T-shirt is $8. The dema...

Q: What is Monte Carlo simulation? What principles underlie its use,

What is Monte Carlo simulation? What principles underlie its use, and what steps are followed in applying it?  

Q: The XYZ Corporation is expanding its market to include Texas. Each

The XYZ Corporation is expanding its market to include Texas. Each salesperson is assigned to potential distributors in one of five different areas. It is anticipated that the salesperson will spend a...

Q: In Solved Problem 10.3, nonlinear programming was used to

In Solved Problem 10.3, nonlinear programming was used to find the best value for the smoothing constant, a, in an exponential smoothing forecasting problem. To see how much the MAD can vary due to...

Q: Using the data in Solved Problem 10-3, develop a

Using the data in Solved Problem 10-3, develop a spreadsheet for a two-period weighted moving average forecast with weights of 0.6 1w12 for the most recent period and 0.4 (w2) for the other period....

Q: The director of security wants to connect security video cameras to the

The director of security wants to connect security video cameras to the main control site from five potential trouble locations. Ordinarily, cable would simply be run from each location to the main...