The marginal value of a pound of pine and the appropriate price range. Introduction: Linear programming: Linear programming is a mathematical modeling method where a linear function is maximized or minimized taking into consideration the various constraints present in the problem. It is useful in making quantitative decisions in business planning.

Question

Following their early success and growth, Listo hired a number of new managers and employees. In response to the expansion of staff, Listo reorganized by adding layers of supervisors and managers between executive management and line staff; however, growth occurred so rapidly that proper training was not provided to the new employees. Management was less concerned with the employees’ opinions and was more focused on production and profit. Instead of enlisting employees’ opinions, more directive orders were given. The change and increased complexity associated with adding new layers to the hierarchy resulted in the organization’s goals and objectives becoming unclear. Employees began to complain about the new bureaucratic processes and the slow pace of decision-making. While the organization has been growing in size, productivity has slowed and quality has decreased. The turnover rate is higher than it has ever been, and the number of sick days that people take has doubled over the past…

Answer 1

Question

Chapter 19, Problem 16P

a)

Summary Introduction

To determine: The marginal value of a pound of pine and the appropriate price range.

Introduction:

Linear programming:

Linear programming is a mathematical modeling method where a linear function is maximized or minimized taking into consideration the various constraints present in the problem. It is useful in making quantitative decisions in business planning.

b)

Summary Introduction

To determine: The maximum price the store would be justified in paying for the additional bark.

c)

Summary Introduction

To determine: The marginal value of labor and the range within which it is feasible.

d)

Summary Introduction

To determine: The additional machine time that can be used in this operation.

e)

Summary Introduction

To determine: The manager’s choice if he can obtain either the additional pine bark or storage space.

f)

Summary Introduction

To determine: The change in decision variables if the profit on chips is changed.

g)

Summary Introduction

To determine: The change in decision variables when the profits is increased to $7 per bag for chips and decreased by $0.60 for nuggets.

h)

Summary Introduction

To determine: The change in decision variables for the different changes made in the composition

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Following their early success and growth, Listo hired a number of new managers and employees. In response to the expansion of staff, Listo reorganized by adding layers of supervisors and managers between executive management and line staff; however, growth occurred so rapidly that proper training was not provided to the new employees. Management was less concerned with the employees’ opinions and was more focused on production and profit. Instead of enlisting employees’ opinions, more directive orders were given. The change and increased complexity associated with adding new layers to the hierarchy resulted in the organization’s goals and objectives becoming unclear. Employees began to complain about the new bureaucratic processes and the slow pace of decision-making. While the organization has been growing in size, productivity has slowed and quality has decreased. The turnover rate is higher than it has ever been, and the number of sick days that people take has doubled over the past…

Discuss in detail any five types of authority. give citations and reference

Answer 2

Question

Chapter 19, Problem 16P

a)

Summary Introduction

To determine: The marginal value of a pound of pine and the appropriate price range.

Introduction:

Linear programming:

Linear programming is a mathematical modeling method where a linear function is maximized or minimized taking into consideration the various constraints present in the problem. It is useful in making quantitative decisions in business planning.

b)

Summary Introduction

To determine: The maximum price the store would be justified in paying for the additional bark.

c)

Summary Introduction

To determine: The marginal value of labor and the range within which it is feasible.

d)

Summary Introduction

To determine: The additional machine time that can be used in this operation.

e)

Summary Introduction

To determine: The manager’s choice if he can obtain either the additional pine bark or storage space.

f)

Summary Introduction

To determine: The change in decision variables if the profit on chips is changed.

g)

Summary Introduction

To determine: The change in decision variables when the profits is increased to $7 per bag for chips and decreased by $0.60 for nuggets.

h)

Summary Introduction

To determine: The change in decision variables for the different changes made in the composition

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Answer 3

Question

Chapter 19, Problem 16P

a)

Summary Introduction

To determine: The marginal value of a pound of pine and the appropriate price range.

Introduction:

Linear programming:

Linear programming is a mathematical modeling method where a linear function is maximized or minimized taking into consideration the various constraints present in the problem. It is useful in making quantitative decisions in business planning.

b)

Summary Introduction

To determine: The maximum price the store would be justified in paying for the additional bark.

c)

Summary Introduction

To determine: The marginal value of labor and the range within which it is feasible.

d)

Summary Introduction

To determine: The additional machine time that can be used in this operation.

e)

Summary Introduction

To determine: The manager’s choice if he can obtain either the additional pine bark or storage space.

f)

Summary Introduction

To determine: The change in decision variables if the profit on chips is changed.

g)

Summary Introduction

To determine: The change in decision variables when the profits is increased to $7 per bag for chips and decreased by $0.60 for nuggets.

h)

Summary Introduction

To determine: The change in decision variables for the different changes made in the composition

Expert Solution & Answer

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Answer 4

Question

Chapter 19, Problem 16P

a)

Summary Introduction

To determine: The marginal value of a pound of pine and the appropriate price range.

Introduction:

Linear programming:

Linear programming is a mathematical modeling method where a linear function is maximized or minimized taking into consideration the various constraints present in the problem. It is useful in making quantitative decisions in business planning.

b)

Summary Introduction

To determine: The maximum price the store would be justified in paying for the additional bark.

c)

Summary Introduction

To determine: The marginal value of labor and the range within which it is feasible.

d)

Summary Introduction

To determine: The additional machine time that can be used in this operation.

e)

Summary Introduction

To determine: The manager’s choice if he can obtain either the additional pine bark or storage space.

f)

Summary Introduction

To determine: The change in decision variables if the profit on chips is changed.

g)

Summary Introduction

To determine: The change in decision variables when the profits is increased to $7 per bag for chips and decreased by $0.60 for nuggets.

h)

Summary Introduction

To determine: The change in decision variables for the different changes made in the composition

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Answer 5

Chapter 19, Problem 16P

a)

Summary Introduction

To determine: The marginal value of a pound of pine and the appropriate price range.

Introduction:

Linear programming:

Linear programming is a mathematical modeling method where a linear function is maximized or minimized taking into consideration the various constraints present in the problem. It is useful in making quantitative decisions in business planning.

b)

Summary Introduction

To determine: The maximum price the store would be justified in paying for the additional bark.

c)

Summary Introduction

To determine: The marginal value of labor and the range within which it is feasible.

d)

Summary Introduction

To determine: The additional machine time that can be used in this operation.

e)

Summary Introduction

To determine: The manager’s choice if he can obtain either the additional pine bark or storage space.

f)

Summary Introduction

To determine: The change in decision variables if the profit on chips is changed.

g)

Summary Introduction

To determine: The change in decision variables when the profits is increased to $7 per bag for chips and decreased by $0.60 for nuggets.

h)

Summary Introduction

To determine: The change in decision variables for the different changes made in the composition

Answer 6

Chapter 19, Problem 16P

a)

Summary Introduction

To determine: The marginal value of a pound of pine and the appropriate price range.

Introduction:

Linear programming:

Linear programming is a mathematical modeling method where a linear function is maximized or minimized taking into consideration the various constraints present in the problem. It is useful in making quantitative decisions in business planning.

Answer 7

Chapter 19, Problem 16P

a)

Summary Introduction

To determine: The marginal value of a pound of pine and the appropriate price range.

Introduction:

Linear programming:

Linear programming is a mathematical modeling method where a linear function is maximized or minimized taking into consideration the various constraints present in the problem. It is useful in making quantitative decisions in business planning.

Answer 8

b)

Summary Introduction

To determine: The maximum price the store would be justified in paying for the additional bark.

Answer 9

b)

Summary Introduction

To determine: The maximum price the store would be justified in paying for the additional bark.

Answer 10

c)

Summary Introduction

To determine: The marginal value of labor and the range within which it is feasible.

Answer 11

c)

Summary Introduction

To determine: The marginal value of labor and the range within which it is feasible.

Answer 12

d)

Summary Introduction

To determine: The additional machine time that can be used in this operation.

Answer 13

d)

Summary Introduction

To determine: The additional machine time that can be used in this operation.

Answer 14

e)

Summary Introduction

To determine: The manager’s choice if he can obtain either the additional pine bark or storage space.

Answer 15

e)

Summary Introduction

To determine: The manager’s choice if he can obtain either the additional pine bark or storage space.

Answer 16

f)

Summary Introduction

To determine: The change in decision variables if the profit on chips is changed.

Answer 17

f)

Summary Introduction

To determine: The change in decision variables if the profit on chips is changed.

Answer 18

g)

Summary Introduction

To determine: The change in decision variables when the profits is increased to $7 per bag for chips and decreased by $0.60 for nuggets.

Answer 19

g)

Summary Introduction

To determine: The change in decision variables when the profits is increased to $7 per bag for chips and decreased by $0.60 for nuggets.

Answer 20

h)

Summary Introduction

To determine: The change in decision variables for the different changes made in the composition

Answer 21

h)

Summary Introduction

To determine: The change in decision variables for the different changes made in the composition

Answer 22

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Answer 23

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Answer 33

Ch. 19 - For which decision environment is linear...Ch. 19 - What is meant by the term feasible solution space?...Ch. 19 - Explain the term redundant constraint.Ch. 19 - Prob. 4DRQ Ch. 19 - Prob. 5DRQ Ch. 19 - Prob. 6DRQ Ch. 19 - Prob. 1P Ch. 19 - Prob. 2P Ch. 19 - Prob. 3P Ch. 19 - A small candy shop is preparing for the holiday...

Concept explainers

To determine: The maximum price the store would be justified in paying for the additional bark.

To determine: The marginal value of labor and the range within which it is feasible.

To determine: The additional machine time that can be used in this operation.

To determine: The manager’s choice if he can obtain either the additional pine bark or storage space.

To determine: The change in decision variables if the profit on chips is changed.

To determine: The change in decision variables when the profits is increased to $7 per bag for chips and decreased by $0.60 for nuggets.

To determine: The change in decision variables for the different changes made in the composition

Chapter 19 Solutions