Premier Tire sells three categories of tires: good, better, and best. The good tires cost $106, the better tires cost $156, and the best tires cost $190. The good tires sell 3 times as fast as the best tires and the better tires sell 2.5 times as fast as the best tires. If the total amount of tire sales in January was $233,480, how many of each category of tire was sold? (Round your answer to the nearest whole number.)
Q: Strategies to reduce absenteeism among employees
A: Employee absenteeism refers to the regular absence of employees from their workplace. This is consid...
Q: 5. Transparency and accountability are synonymous. Explain whether the statement is correct or not. ...
A: Since you have asked multiple questions, we will solve the first question for you. If you want any s...
Q: Taking into consideration the current trends and situation, what challenges do organizations face wi...
A: Staffing is the process of hiring the eligible candidate in the organisation aur company for any spe...
Q: QUESTION 13 Which of the following strategic tools is used to describe a framework for examining mac...
A: Note: We are authorized to answer only one question at a time. If you want any other questions to be...
Q: True or False. 1. Business is an entity where the skills, energy, and enterprise of owners & partne...
A: Business illustrates the economic activities that are interconnected to the manufacturing, buying an...
Q: Discuss the contribution of at least two other disciplines to the field of Organisation Theory & Beh...
A: Organizational behavior & theories imply the exploration of human behavior in a business climate...
Q: Critically evaluate the relationship between corporate governance and enterprise risk management and...
A: Risk assessment: It assists in continual enhancement by implementing risk alleviations that improve ...
Q: Determine four (4) benefits to the Securities Commission Malaysia (SC) in establishing a regulatory ...
A: Regulatory framework are the regulations, code of conduct and guidelines made by the authority to co...
Q: Why is important to understand your personality trait extrovert vs introvert when getting into manag...
A: The workplace is a blend of personalities. All sorts of workforces must team up and are likely to ov...
Q: What sources about Ecuador should you consult to obtain cultural information
A: Each different nation has its own expectations about how business is carried out, & some researc...
Q: Ahmed is an employee of Bristol Manufacturing Company. Bristol manufactures plastics, which creates ...
A: Corporate legal liability refers to a corporation's legal responsibility for any illegal activities ...
Q:
A: A binding contract means an agreement between the parties that is acceptable with formal concerns. S...
Q: Based on Human resourse management and the health of hospitals', answer the question 300 words). ...
A: Modern Human Resource Architecture- Human resource management refers to a comprehensive process of d...
Q: Pam listens carefully to what her coworkers have to say because she knows how important it is to tak...
A: 4. The correct answer is B. personality. Personality along with attitude, motives, desires, etc. are...
Q: The article cites Amazon as a potential firm that may acquire Peloton. If you were advising Amazon o...
A: A rivalry is the situation of two individuals or gatherings taking part in a continuing competitive ...
Q: Pick at least two motivation and behavior change theories that you usually applied in your workplace...
A: Motivation is a state of mind that is filled with enthusiasm and the energies which drives a person ...
Q: Explain the major issues in strategic implementation. Answer in about 1000 words.
A: Strategy is a detailed planning of the future and how the goals have to be achieved. Strategic plann...
Q: Discuss ways to simplify an employee’s job mental demand
A: Work demands are the typical cause of a job's mental demand & stress. yet employees may require ...
Q: Opinions on management change in education's perspective.
A: Introduction- Change Management - The process of the continuous renewal of the direction, structure...
Q: What differentiates an employee from an independent contractor?
A: Human resources management is a type of management which focuses on finding, recruiting and selectin...
Q: Answer In detail : You are the HR manager of a hospital and have noticed that performance has become...
A: Leadership approach has the ability to stimulate behavior of employees as per the needs and guidelin...
Q: Why is it essential for management to have an integrated workforce diversity? How can works benef...
A: Since we all know that a diverse workforce can contribute to lots of creative ideas because of the i...
Q: What type of management system would support the creation, organization and dissemination of busines...
A: The correct answer for the first question is Knowledge management system. A knowledge management sy...
Q: “What’s behind these high numbers of demotivated technologists? It could be a consequence of theend ...
A: Communication refers to exchanging and sharing information. The information is shared between the se...
Q: The main focus for this question is about the rise of old clothes in fashion and how it helps us sav...
A: Business environment refers to all those internal and external factors that affects the functioning ...
Q: List two common Myths about leadership. Why are they not true
A: There are many fallacies on what institutes a good leader. We depict someone who is outward, decisiv...
Q: Please choose a firm with low levels of diversification and describe its state of diversification. I...
A: Business expansion and growth are significant for the survival of operations and activities. Today, ...
Q: If a subordinate came to you and said that they felt the company's new diversity hiring initiative w...
A: A subordinate is a person who is working under a head or manager of a department to attain objective...
Q: f) "Specialization increases output by making employees more efficient". Explain
A: Specialization of labor can be termed as division of labor and is a process in which big tasks are d...
Q: Based on the modern method of appraisal and career development, Management by Objective (MBO) is one...
A: Managing the employees and the various operations of the firm would be a challenging task. Effective...
Q: refers to the recognition of opportunities and the use or creation of resources to implement innovat...
A: Introduction- Opportunity recognition by a business is to create innovation, and innovation leads to...
Q: 5. - [ ] Based on your analysis, which key roles in HRM are the most important ones? Explain your an...
A: HRM or Human Resources Management is defined as effectively managing the people in an organisation ....
Q: Two of the five competitive forces that shape a company’s strategic activities are:
A: As per updated guidelines, we are allowed to solve only one question at a time. Thank you. Two of th...
Q: Mary Barton, a single mother with three children, was hired as an order-entry clerk for a trucking f...
A: Communication is the passing of information from one person to another using a medium. An organizati...
Q: Directions: Below are quotes from CEO's of business organizations. Give your insights in every quote...
A: Looking for opportunity is important instead of looking for industry. Opportunity is what makes ever...
Q: AA course.apexlearning.ca Apex Learning Business Sem 1
A: All business ventures require resources to operate. The resources required for running and operating...
Q: Questions 1. Analyze the communication blockages in this case. Discuss ideas such as upward and down...
A: Communication- Communication refers to the easy flow of change in the information between the giver ...
Q: Describe three corporate cultures in three multinational companies or any company that you know.
A: Corporate Culture: Corporate culture alludes to the convictions and practices that decide how an or...
Q: Q- What are the main obstacles to organizational change? What techniques can managers use to overcom...
A: Concept Introduction : Organizational Change refer to the transformation or restructuring of the org...
Q: Using two (2) arguments for or against, discuss whether or not conflict is bad and should it be avoi...
A: Conflict can be defined as a disagreement between two or more individuals due to differences in opin...
Q: 2. Making ethical decisions On some occasions, whilst the Company's Code of Ethics may give you some...
A: Business ethics refers to the set of norms and fundamental principles that need to be followed when ...
Q: How Can You Lead Small Teams" give atleast 4 questions
A: Handling a group of employees or a team can sometimes be tricky. Team performance, its success, and ...
Q: Is this a fact or a myth? An early detection of difficulties in the transformation process is made p...
A: The entrepreneur will carry on the business activities to increase the profitability of the organiza...
Q: Describes the act of phishing
A: trick the email receiver into trusting that the message is something they require. I faced a scam wh...
Q: Assets – Liabilities – Preferred Stock = ______________________ Select one: a. Current Liabilities b...
A: Preferred stock is considered as liabilities, so here assets are a firm's financial health versus th...
Q: Identify advantages and drawbacks to business organization when implementing an enterprise resource ...
A: An enterprise resource planning or the ERP - is a significant enterprise application that coordinate...
Q: reducing government and corporate bureaucracy help the value of a company increase
A: The systems which are established effectively make decision-making sluggish. They’re formulated to ...
Q: CASE STUDIES • Case 1 (Using Low Quality Materials): Bader was recently promoted as Assistant Produc...
A: People involved in business might be required to behave ethically. As they might be focused in makin...
Q: What are the personal factors that contribute to stress? Would this stress be reduced if employees w...
A: About Stress - Stress can be defined as the feeling of physical or emotional tension. Stress can be ...
Q: a) Describe the three types of leaders as identified by classic studies. b) For each type, identify ...
A: Leadership is the ability to influence and guide the followers. It is an act of a motivating group o...
Trending now
This is a popular solution!
Step by step
Solved in 2 steps
- PLEASE USE SIMPLEX METHOD. Thank you! Suppose a company manufactures different electronic components for computers. Component A requires 2 hours of fabrication and an hour of assembly. Component B requires 3 hours of fabrication and an hour of assembly, and component C requires 2 hours of fabrication and 2 hours of assembly. The company has upto 1,000 labor-hours for fabrication, 800 labor-hours of assembly time each work. If the profit on each component A, B, and C is $7, $8, and $10 respectively, how many of each should be produced to maximize profit?MaximizationProblems and Minimization problems ***When using the simplex method, what is the difference between maximizing and minimizing?LINGO SOFTWARE Consider a production-mix problem where we are concerned with what mix of four products we should produce during the upcoming week. For each product, each unit produced requires a known amount of production time on each of the three machines. Each machine has a certain number of hours of production time available per week. Each product provides a certain profit per unit produced. Figure 3S1.2 shows three types of data: machine-related data, product-related data, and data related to combinations of a machine and product. The objective is to determine how much to produce for each product so that total profit is maximized while not exceeding the limited production capacity of each machine. Requirement: Solve this problem in LINGO software.
- Struggling with answering this question A manufacturer produces three types of humidifiers. The retail price of Humidifier Regular (HR) is $60 with variable costs of $20. Humidifier Advanced (HA) sells for $200 for its advanced features. This model’s variable costs are $80. Humidifier Simple (HS) is a simplified version and only sells for $25 with variable costs of $15. The manufacturer has machines and facilities worth $320,000 annually. The sales data show that 1000 units of HR, 2000 units of HA, and 10,000 units of HS was sold last year. Calculate the break-even point of the firm. The firm has some idle capacity at these volumes and chooses to cut the selling price of HR from $60 to $45, believing that its sales volume will rise from 1000 units to 2500 units. What is the revised break-even point?Ten different types of brownies are sold. You arethinking of developing a new brownie for sale.Brownies are rated on the basis of five qualities: price,chocolate flavor, chewiness, sweetness, and ease ofpreparation. You want to group the 10 brownies on themarket into three clusters. Each cluster should containbrownies that are relatively similar.a. Why would this be useful to you?b. How would you do it?Confederate Express Service is attempting to determinehow its shipping costs for a month depend on the numberof units shipped during a month. For the last 15 months, thenumber of units shipped and total shipping cost are given inTable 24 (file Ship.xls). Units TotalMonth Shipped Shipping Cost1 300 $1,0602 400 $1,3803 500 $1,6404 200 $7405 300 $1,0606 350 $1,1907 460 $1,5208 480 $1,5809 120 $54010 760 $2,42011 580 $2,20012 340 $1,47013 120 $79014 100 $72015 500 $1,960
- This section contains questions regarding the 2nd part of the Unit 1 with the following topics: 1. Financial Planning2. Savings and budgeting3. Investing 1.Mutual Fund is when an investor directly acquires a claim on a security or property True False 2. The "Rule of 75" is used to determine the number of yearss needed to double the value of your money * True FalseDataware is trying to determine whether to give a $10 rebate, cut the price $6, or have no price change on a software product. Currently, 40,000 units of the product are sold each week for $45 apiece. The variable cost of the product is $5. The most likely case appears to be that a $10 rebate will increase sales 30%, and half of all people will claim the rebate. For the price cut, the most likely case is that sales will increase 20%.a. Given all other assumptions, what increase in sales from the rebate would make the rebate and price cut equally desirable?b. Dataware does not really know the increase in sales that will result from a rebate or price cut. However, the company is sure that the rebate will increase sales by between 15% and 40% and that the price cut will increase sales by between 10% and 30%. Perform a sensitivity analysis (two-way data table) that could be used to help determine Dataware’s best decision.Is my solution correct and did I fully answer the questions? (see attachment for my solution) Question: There are three factories on Momiss River. Each emits two types of pollutants, labeled P1 and P2, into the river. If the waste from each factory is processed, the pollution in the river can be reduced. It costs $1,500 to process a ton of factory 1 waste, and each ton processed reduces the amount of P1 by 0.10 ton and the amount of P2 by 0.45 ton. It costs $2,500 to process a ton of factory 2 waste, and each ton processed reduces the amount of P1 by 0.20 ton and the amount of P2 by 0.25 ton. It costs $3,000 to process a ton of factory 3 waste, and each ton processed reduces the amount of P1 by 0.40 ton and the amount of P2 by 0.50 ton. The state wants to reduce the amount of P1 in the river by at least 125 tons and the amount of P2 by at least 175 tons. a. Use Solver to determine how to minimize the cost of reducing pollution by the desired amounts. Are the LP assumptions…
- Chemco produces three products: 1, 2, and 3. Eachpound of raw material costs $25. It undergoes processingand yields 3 oz of product 1 and 1 oz of product 2. It costs$1 and takes 2 hours of labor to process each pound of rawmaterial. Each ounce of product 1 can be used in one ofthree ways.It can be sold for $10/oz.It can be processed into 1 oz of product 2. This requires 2 hours of labor and costs $1.It can be processed into 1 oz of product 3. This requires 3 hours of labor and costs $2.Each ounce of product 2 can be used in one of two ways.It can be sold for $20/oz.It can be processed into 1 oz of product 3. This requires 1 hour of labor and costs $6.Product 3 is sold for $30/oz. The maximum number ofounces of each product that can be sold is given in Table 23.A maximum of 25,000 hours of labor are available.Determine how Chemco can maximize profit. TAB LE 23Product Oz1 5,0002 5,0003 3,000Please no written by hand and no emage Kindly create a spreadsheet from the problem description. Find the optimal solution using Excel Solver (Please show working with steps on a spreadsheet) : The Heinrich Company manufactures two types of plastic hangerracks (Foldaways and Straightaways) especially suited for mountingnear clothes dryers. Because permanent press clothing must be hungon hangers immediately after removal from the dryer, these items havebeen especially popular. However, there is some concern that thePreppie movement (popularized by its own handbook) will extinguishpolyester clothing; Heinrich is terribly interested in doing the best withthe resources it has while its products are still in demand. The firsttype of hanger rack, the Foldaway, requires 10 ounces of plasticmaterial and 0.3 hours of labor. Plastic costs Heinrich 10 cents anounce; labor costs Heinrich $20 per hour. The second type of hangerrack, the Straightaway, requires 15 ounces of plastic and 0.175…INCORRECT FORFormulate a linear programming model that can be used to determine the pounds of Brazilian Natural and Colombian Mild that will maximize the total contribution to profit. (Let BR = pounds of Brazilian beans purchased to produce Regular, BD = pounds of Brazilian beans purchased to produce DeCaf, CR = pounds of Colombian beans purchased to produce Regular, and CD = pounds of Colombian beans purchased to produce DeCaf.) Max 2.033BR+2.582BD+1.868CR+2.418CD INCORRECT Pounds of Regular BR+CR≤900 INCORRECT Pounds of DeCaf BD+CD≤400 INCORRECT