Simplex Method Essay

The diagram below shows the feasible region of the intersection of two lines. This means that any point within the feasible region satisfies all constraints that we established before graphing. Feasible regions make it easier for us to determine the maximum profit and now we know all the possible combinations it’s important to know what point on the graph is going to be the most profitable.

Furthermore, he considers secondary sources in interpreting and analyzing the different artists’ paintings. Baxandall examines the importance of contracts, where marketing negotiations are made between an artist and their client. This includes detailed aspects in the content of the painting, the quantity and quality of materials used in the painting and the cost for labor in making the piece. He argues that although a painting is convincing and strong, the painting could, however, be reduced to nothing more than a constructional argument between the buyer and the seller. This is done by explaining the mechanics through which the Renaissance artists went about to develop their talent. A painting in Italy during that period resulted in a social relationship between the painter, who produced the picture, and the client, who provided the funding and ultimately used the artwork. He clearly suggests that the great materials and effort placed into an art piece provide the groundwork for an

Problem-solving involves decision-making is important in Management and leadership.my job at Merseyside police on the CSI team involves a lot of problem-solving and decision-making. Well me are called out to investigate a crime scene taking samples such as DNA and other types of forensic evidence we have to decide if the evidence is relevant to hopefully catch the perpetrators and get a successful conviction. Making a good decision requires a combination of skills, clarity of judgement which is important in my job role. We recently had a meeting regarding problem solving and we identified seven steps to solve problems effectively.

Monroe planned to produce 30 canoes in the first year and average one canoe every ten days, which would leave 65 days to buffer any unforeseen production delays[1]. Monroe would have to work seven days a week to maintain the production pace; however, he felt that he could handle a seven-day schedule for two to three years. Although the first canoes were scheduled to take almost 12 days to build, manufacturing time would gradually decrease. Monroe knew that he would have to invest in some equipment which would include an estimated $5,530 for power equipment and accessories; hand tools at $835; cutters, blades and bits at $800; benches, stands and cabinets for $1,600; forms and jigs for $160; and office equipment for $3,055. Monroe projected that variable costs would total $1,161 per canoe[2] and annual operating expenses would total $8,644[3].

2. In a memo, describe the appearance of your six choices to your CEO so he or she will

you can paintings 24 hours a day, but the ones 24 hours spent triumphing your middle commercial enterprise will pay off substantially extra. It may cost a little you a few more time period upside, but it'll can help you be the first-class business you can be."

2. If the department that produces Item 345 was a profit center and if you were the manager of that department, would it be to your financial advantage to lower the price?

Baxandall describes the fifteenth century as a century where clients would order what they needed instead of purchasing the already made products (Michael 2). He continues to describe how this affected the production of painting. The less known or recognized artist would have to produce readymade arts in order to attract clients. However, the already established artists would wait for clients to make the specific orders that they required. Baxandall argues that the production of painting was hence influenced by the clients

For example, if the cost to make the paint is $2.75, the profit at $3 would be:

What if he were to hire more workers? This would reduce the production time per plank and make it likely that he would be able to reduce the production time per board. For each worker he would be looking at $5200 per year.

To some, Picasso’s WOMAN WITH FISH HAT painting may look like a beginner’s attempt, but to an expert it has “immensely inventive intensity” (Hans 154). To the untrained eye, Jackson Pollack’s art looks like haphazard splatters of paint. In the crime thriller CONTRABAND a seemingly tarp full of paint was discarded by thieves, later the canvas was revealed to be a Pollack original worth millions. Amateurs consider many famous artworks as junk but connoisseur valuable them as treasures. Who is right? If Pollack had painted his famous, No 5, on a city wall would it still be valued at $140 million or would it be considered worthless graffiti by youth vandals.

The first month was spent focusing on painting the flats and any backdrops that we had, which was a complex process. Reference pictures had to be found, paint colors selected, and supplies bought. Then there were about four or five people painting the flats at a time. The coat of primer and rough sketches were the easy part. Then came the actual creation of the flats. Painting scenes is a difficult task because the flat surface needs to be transformed into a realistic picture with depth and angles. Usually each flat would need to have small portions repainted to look suitable. One year we had to paint a silhouetted city on a huge cloth tarp, it took two weeks and 4 gallons

a). Ash decides to allocate $4 million to fund the exhibit. Given the pieces available and the specific requirements from Ash and Celeste, formulate and solve a BIP model to maximize the number of pieces displayed in the exhibit without exceeding the budget. How many pieces are displayed? Which pieces are displayed?

PART A – Linear Programming 1 a) Linear Programing Model Decision Variables: Let x = acres of watermelon Let y = acres of cantaloupe Objective Function: Maximize Z = 390x + 1300y – 5(20x + 15y) + 5(2x + 2.5y) = 270x + 300y – 100x + 75y + 10x + 12.5y = 256x + 284.5y where Z = total profit 390x = profit from watermelons 1300y = profit from cantaloupe 5(20x + 15y) = cost of fertilizer 5(2x + 2.5y) = cost of labour Identification of Constants: Maximize Z = 256x + 284.5y

In contrast to the findings that artwork is a profitable investment comparing to conventional financial assets, a number of academic studies address the issue of art price movement over time