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- Some of the problems that might be encountered when a functional organization develops new products.M&D Chemicals produces two products that are sold as raw materials to companies that manufacture bath soaps and laundry detergents. Based on an analysis of current inventory levels and potential demand for the coming month, M&D's management specified that the combined production for products A and B must total at least 350 gallons. Separately, a major customer's order for 125 gallons of product A must also be satisfied. Product A requires 2 hours of processing time per gallon, and product B requires 1 hour of processing time per gallon. For the coming month, 600 hours of processing time are available. M&D's objective is to satisfy these requirements at a minimum total production cost. Production costs are $2 per gallon for product A and $3 per gallon for product B. Develop a Linear Programming Model to determine how many gallons of each product should be produced.E-commerce has had major impacts on both businesses and consumers alike. Some of these impacts are negative and some are positive. Discuss at least one positive and one negative impact ecommerce has had for businesses. Additionally, discuss at least one positive and one negative impact ecommerce has had for consumers.
- What upgrades could be made to your products or services to make it better? Explain your answer.Literature review on how sustainable agricultural business increases output in a modern way. Please provide references when drafting this review and put at least 6 literature reviewsTech Products Inc. is one of the world's leading technology companies known for its innovative products, including the TechPhone, TechPad, Tech computers, and software services. At present, Tech Products Inc. is now facing significant challenges in an evolving industry landscape due to increasing competition and the introduction of similar products on both the local, regional and global markets. The company is aware that internal and external drivers play a crucial role in shaping the strategic direction and overall performance of an organization, and that to remain relevant they must be able to understand and respond to these drivers in an effective manner. To assist them in formulating a comprehensive strategy that can help the company navigate the complex business environment it faces, Tech Products Inc. has hired you as a Strategic Management Consultant. Further to an initial meeting with Management, it was ascertained that Tech Products Inc. has not been keeping abreast with the…
- How do rapid changes in market demand impact the budgeting and cost estimation of software products?How can software products drive innovation and disrupt existing markets? Provide examples.What are the benefits of a long-term perspective on value creation? For companies? For the economy? Please provide references.
- Please explain about this 4 chapter: ENGINEERING MANAGEMENT: CHAPTER 1:THE FIELD OF ENGINEERING MANAGEMENT CHAPTER 2:DECISION-MAKING CHAPTER 3:PLANNING TECHNICAL ACTIVTIES CHAPTER 4: ORGANIZING TECHNICAL ACTIVITIESThe benefits of conservation include all but which of the following? Select one: a. Tobacco companies put health labels on their packages b. Less waste is created c. More fuel efficient automobiles d. Containers and other packaging are being made biodegradableTech Products Inc. is one of the world's leading technology companies known for its innovative products, including the TechPhone, TechPad, Tech computers, and software services. At present, Tech Products Inc. is now facing significant challenges in an evolving industry landscape due to increasing competition and the introduction of similar products on both the local, regional and global markets. The company is aware that internal and external drivers play a crucial role in shaping the strategic direction and overall performance of an organization, and that to remain relevant they must be able to understand and respond to these drivers in an effective manner. To assist them in formulating a comprehensive strategy that can help the company navigate the complex business environment it faces, Tech Products Inc. has hired you as a Strategic Management Consultant.Further to an initial meeting with Management, it was ascertained that Tech Products Inc. has notbeen keeping abreast with the…