The Two-Rivers Oil Company near Pittsburgh transports gasoline to its distributors by truck. The company recently contracted to supply gasoline distributors in southern Ohio, and it has $600,000 available to spend on the necessary expansion of its fleet of gasoline tank trucks. Three models of gasoline tank trucks are available. [pic] .:. The company estimates that the monthly demand for the region will be 550,000 gallons of gasoline. Because of the size and speed differences of the trucks, the
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calculated to be 2000 units of model 101 and 1000 units of model 102. In the next pages you will see the answers to the different questions asked which shows how different alternatives and interpretations could affect the optimal solution and the final decision. Recommendations and conclusion: We recommend that Merton Truck Company adopt the suggest solutions in our analysis in order to achieve better financial results and impose new policies later on to avoid such setbacks in the future. Following
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A SYSTEM SIMULATION STUDY ON THE THREE FAST MOVING PRODUCTS (MARLBORO, C2, VIVA) OF THE COLLEGE VARIETY SHOPPE USING THE MONTE CARLO SIMULATION IN INVENTORY MANAGEMENT EXECUTIVE SUMMARY This study shows how the selected three fast moving products (Marlboro cigarettes, C2, Viva mineral water) move from the current Inventory Management technique of the College Variety Shoppe from its distributors to its warehouse storage to the end user or customer. An excel program and a simulation
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Okinawa, codenamed Operation Iceberg,[3] was fought on the Ryukyu Islands of Okinawa and was the largest amphibious assault in the Pacific War of World War II.[4][5] The 82-day-long battle lasted from early April until mid-June 1945. After a long campaign of island hopping, the Allies were approaching Japan, and planned to use Okinawa, a large island only 340 mi (550 km) away from mainland Japan, as a base for air operations on the planned invasion of Japanese mainland (coded Operation Downfall). Four
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Assignment for Integrative Management Thinking IAGE 601_2012_FT/PT1/PT3 |Assignment Name: |《赢》读书报告 | |Assignment Number: |1 | |Teacher: |Zheng Fan范徵 | |Student Name(s): |王晓峰
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1. Bruegger’s maintains relatively little inventory at either its plants or its retail store. List the benefits and risks of this policy. Benfits and Risks: Least investment, Inability to meet high demand, minimal storage facility, high cost of production, easier organization of resources, minimum wastage, high transportation cost, and fresh products can be delivered to the customers. 2. Quality is very important to Bruegger’s. a) What features of bagels do customers look at to judge their
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MERTON TRUCK COMPANY Answer 1: Decision Variables: X1: Number of model 101 trucks to be produced X2: Number of model 102 trucks to be produced Objective: To maximise operational profit by optimally producing Model 101 and Model 102 trucks Maximise Z= 3000X1+5000X2 Subject to: X1+2X2<=4000 (Total machine hours available per month for engine assembly) 2X1+2X2<=6000 (Total machine hours available per month for Metal Stamping) 2X1<=5000 (Total machine hours available per month for Model 101
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also started to look this way. They wanted to understand how the Japanese were applying these tactics to make their business and their products achieves. The second approach is called quantitative management. This approach helps analysis the decisions and problems of the manager. This helps them to develop formal mathematical models of whatever the problem is. This is the use of science. This started during the World War II around 1940s. Private companies started to use this theory to get a
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Executive Summary Greg Hunter OPS/571 05/05/2014 Dr. Raymond House Jr. Executive Summary I’ve selected food services and cars for a suitable process and product design approaches. In order to manage services and deliver on-site services, there are three types of contrasting approaches which include product line approach, self-service approach, and the personal attention approach. Cars are a way of life these days without them our way of life cannot exist. The main focal point
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http://www.questiaschool.com/read/14699014/besieged-seven-cities-under-siege-madrid-1936-1939 Remember . . . we must hold the city and strengthen our people's confidence in our Army's ability to defeat the enemy. --KHRUSHCHEV in Stalingrad on September 12, 1942 http://www.questiaschool.com/read/14699014/besieged-seven-cities-under-siege-madrid-1936-1939 I stand and fight--those are my orders. -- GENERALPAULUS in Stalingrad on January 23, 1943 Потери Вооружённых Dibold, Hans (2001) Doctor at
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