Questions from General Business Management

Q: The demand for product S is 100 units. Each unit of

The demand for product S is 100 units. Each unit of S requires 1 unit of T and 0.5 ounce of U. Each unit of T requires 1 unit of V, 2 units of W, and 1 unit of X. Finally, each unit of U requires 0.5...

Q: Blair H. Dodds III runs a medium- to large-

Blair H. Dodds III runs a medium- to large-sized home eBay business dealing in vintage photographs. The annual demand for his photos is approximately 50,000. The annual overhead cost (excluding the pu...

Q: The lead time for each of the parts in the SL72 (

The lead time for each of the parts in the SL72 (Problem 6-64) is one week, except for part B, which has a lead time of two weeks. Develop a net material requirements plan for an order of 800 SL72s. A...

Q: Refer to Problem 6-66. Develop a net material requirements

Refer to Problem 6-66. Develop a net material requirements plan assuming that there are currently 150 units of part A, 40 units of part B, 50 units of subassembly C, and 100 units of part F in invento...

Q: The Electro comp Corporation manufactures two electrical products: air conditioners and

The Electro comp Corporation manufactures two electrical products: air conditioners and large fans. The assembly process for each is similar in that both require a certain amount of wiring and drillin...

Q: Electro comp’s management realizes that it forgot to include two critical constraints

Electro comp’s management realizes that it forgot to include two critical constraints (see Problem 7-14). In particular, management decides that there should be a minimum number of air conditioners pr...

Q: A candidate for mayor in a small town has allocated $40

A candidate for mayor in a small town has allocated $40,000 for last-minute advertising in the days preceding the election. Two types of ads will be used: radio and television. Each radio ad costs $20...

Q: What is a risk seeker? What is a risk avoider?

What is a risk seeker? What is a risk avoider? How do the utility curves for these types of decision makers differ?

Q: The Outdoor Furniture Corporation manufactures two products, benches and picnic tables

The Outdoor Furniture Corporation manufactures two products, benches and picnic tables, for use in yards and parks. The firm has two main resources: its carpenters (labor force) and a supply of redwoo...

Q: The dean of the Western College of Business must plan the school’s

The dean of the Western College of Business must plan the school’s course offerings for the fall semester. Student demands make it necessary to offer at least 30 undergraduate and 20 graduate courses...