Create an LP Model. Dr. Tony advises his patient, Junelle, who is sufferingfrom iron and vitamin B deficiency to take at least 2,500milligrams (mg) of iron, 2,200 mg of vitamin B1 and 1,800mg of vitamin B12 for six months. Two vitamin pills areavailable in the market, SuperStressTabs and KoyaWell-B. Each SuperStressTabs pill costs P16 and contains 40mg of iron, 15 mg of vitamin B1 and 6 mg of vitamin B12.Each KoyaWell-B pill costs P18 and contains 12mg ofiron and 16 mg each of vitamin B1 and B12. Whatcombination of pills should Junelle purchase in order tomeet the minimum iron and vitamin requirements at thelowest cost?

Let x and y be the number of superstresstabs pills and koyawell-B pills respectively. Objective…

Answered: Dr. Tony advises his patient, Junelle,…

Practical Management Science

6th Edition

ISBN:9781337406659

Author:WINSTON, Wayne L.

Publisher:WINSTON, Wayne L.

Chapter2: Introduction To Spreadsheet Modeling

Section: Chapter Questions

Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...

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An entity sells goods with a warranty covering customers for the cost of repairs of any defects that are discovered within the first two months after purchase. Past experience suggests that 80% of the goods sold will have no defects, 15% will have minor defects and 5% will have major defects. If minor defects were detected in all products sold the cost of repairs would be €30,000; if major defects were detected in all products sold, the cost would be €150,000. What amount of provision should be made?
The National Halothane Study was a major investigation of the safety of anesthetics used in surgery. Records of more than 850,000 operations performed in 34 major hospitals showed death rates for four common anesthetics: Anesthetic A D Death rate 1.7% 1.7% 3.4% 1.9% There is a clear association between the anesthetic used and the death rate of patients. Anesthetic C appears dangerous.
Assume Clinique expects to sell 3 million ounces of BB cream within the first year after introduction butexpects that half of those sales will come from buyers who would otherwise purchase Clinique’s moisturizer (that is, cannibalized sales). Assuming that Cliniquenormally sells 10 million ounces of moisturizer per year and that the company will incur an increase in fixed costs of $2 million during the first year of production for the BB cream, will the new product be profitable for the company? Refer to the discussion of cannibalization in Appendix 3: Marketing by the Numbers for an explanation of how to conduct this analysis. (AACSB: Written and Oral Communication; Analytical Thinking)
Explain the concept of PESTEL analysis in minimum 1125 signs
"A college student with a heart condition died after she drank Panera Bread's Charged Lemonade, a large cup of which contains more caffeine than cans of Red Bull and Monster energy drinks combined, according to a lawsuit. The legal complaint calls the beverage a "dangerous energy drink" and argues that Panera failed to appropriately warn consumers about its ingredients. The suit was filed on behalf of the student's parents. The student had heart condition called long QT syndrome type 1 and avoided energy drinks at the recommendation of her doctors, according to the filing. In a statement Monday afternoon, a Panera spokesperson said: "We were very saddened to learn this morning about the tragic passing of Sarah Katz, and our hearts go out to her family. At Panera, we strongly believe in transparency around our ingredients. We will work quickly to thoroughly investigate this matter." The student bought a Charged Lemonade from a Panera Bread restauran and went into cardiac arrest hours…
All of the following are typical characteristics that make business purchase of materials different from consumer purchases, except: O In business purchases The party that will use the material is typically the same party that will place the purchase the order for the material. O In business purchases the actual purchase must meet legal requirements like meeting safety standards, contractual obligations, and meeting tax laws. In business purchases the party that will use the material is typically not the party that will handle the receival and delivery of the material. In business purchases the party that will need the material is not typically the same party that has the power to make the purchase.
1.Discuss methods available for conducting risk factors identification.
The guidance on non-traditional mortgage product risks allows prepayment penalties for: A) interest-only loans. C) reverse mortgages. B) fixed-rate mortgages. A) home equity lines of credit (HELOCs).
The pain reliever medicine, Analgesia-T manufactured by CPC Company is a well-known analgesic that provides relief from pain and serves as a palliative to people worldwide. However, in the 1980s, several persons died after taking capsules of the well-known medicine. It was found out, that the medicines contained cyanide, a highly poisonous, white crystalline element accidentally mixed with the medicines because of factory defect. The sister company of CPC, the Jackson Company took the initiative and without delay, made steps to resolve the problem. It readily ordered the retrieval of the product from the market. Be that as it may, the company lost about $100M dollars by recalling more than 31 million bottles of Analgesia-T. The Jackson Company made all efforts to launch an information campaign in order to allay the fear of the consumers. The company ran a continuous media campaign and a toll-free customer care hotline. Millions of capsules were tested by reliable agencies and…
Kind Sicherheit is a manufacturer of childcare safety products, primarily car seats and strollers. The products are sold directly to independent retailers in Europe. The company’s risk manager knows that the company could be sued if a car seat or a stroller is defective, and someone is injured. Because the cost of products liability insurance has increased, the risk manager is considering other techniques to treat the company’s loss exposure. Name at least three major risk- control techniques that Kind Sicherheit can apply for reducing the frequency or severity of losses due to potential product defects. Describe specific actions using these techniques that may be helpful in dealing with the company’s products liability exposure
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When SS Electroplating Company started the electroplating operations in a residential location in Bengaluru, it received a notice from the pollution Control Board to install the effluent treatment plant within 15 days, failing which they would seal the plant. The Director of the company collected the information that it would cost about 10,00,000 to buy an effluent treatment plant, an area of about 600 sq.feet to install it over a period of 2-3 months, & running cost of about 40,000 per month for the purchase of material like costic soda & others. The effluent contained nickel, synide, cromium, cadminum & zinc, which were to be treated separately using different chemicals. After effluent liquid of about 800 litres per day was treated, the sludge was to be dried, packed, stored & dumped in a government notified place. The entire process would not only cost substantial amount, but also would need additional area of about 600-700 sq. feet The company gathered information…

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