Questions from Management Science


Q: The United Charities annual fund-raising drive is scheduled to take

The United Charities annual fund-raising drive is scheduled to take place next week. Donations are collected during the day and night, by telephone, and through personal contact. The average donation...

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Q: David wants to be an entrepreneur after his graduation. He is

David wants to be an entrepreneur after his graduation. He is interested in toy manufacturing. After conducting market research, he estimates that his initial investment to buy brand-new toy productio...

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Q: Gobblecakes is a bakery that specializes in cupcakes. The annual fixed

Gobblecakes is a bakery that specializes in cupcakes. The annual fixed cost to make cupcakes is $18,000. The variable cost including ingredients and labor to make a cupcake is $0.90. The bakery sells...

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Q: Alexis is in the first year of her undergraduate program. Her

Alexis is in the first year of her undergraduate program. Her father has contributed £25,000 toward her education. From this amount she must pay her tuition for the first three years and she expects a...

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Q: The honorary business fraternity at Tech is planning an all-day

The honorary business fraternity at Tech is planning an all-day bake sale on Saturday of a home football game as a charity fund-raising project. The members will bake cakes, cup- cakes, and cookies in...

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Q: A furniture company produces tables, chairs, and sofas. The

A furniture company produces tables, chairs, and sofas. The company uses lumber, fabric, and glass to produce these products. Labor performs the cutting, sanding, and assembly operations. The followin...

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Q: An apparel company wants to popularize its products by contacting its prospective

An apparel company wants to popularize its products by contacting its prospective customers. The company sets a target of contacting at least 500 men, 400 women, 300 children, and 420 schools. The com...

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Q: The Mill Mountain Coffee Shop blends coffee on the premises for its

The Mill Mountain Coffee Shop blends coffee on the premises for its customers. It sells three basic blends in 1-pound bags: Special, Mountain Dark, and Mill Regular. It uses four different types of co...

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Q: Toyz is a large discount toy store in Valley Wood Mall.

Toyz is a large discount toy store in Valley Wood Mall. The store typically has slow sales in the summer months that increase dramatically and rise to a peak at Christmas. During the summer and fall,...

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Q: In the investment example in this chapter, how would the solution

In the investment example in this chapter, how would the solution be affected if the requirement that the entire $70,000 be invested was relaxed such that it is the maximum amount available for invest...

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