Practical Management Science
6th Edition
ISBN: 9781337406659
Author: WINSTON, Wayne L.
Publisher: Cengage,
expand_more
expand_more
format_list_bulleted
Concept explainers
Question
Chapter 5, Problem 83P
Summary Introduction
To determine: The use of the network in running a business.
Introduction: In linear programming, the unbounded solution would occur when the objective function is infinite. If no solution satisfied the constraints, then it is said to be unfeasible solution.
Expert Solution & Answer
Want to see the full answer?
Check out a sample textbook solution
Students have asked these similar questions
Company X is a small business that specializes in selling organic pet food. The company is looking to expand its reach and increase sales by creating an online store. As a consultant, you have been asked to give a presentation to Company X's management team about the benefits and potential drawbacks of starting an e-commerce platform.
What are the advantages and disadvantages of creating an online store for Company X's organic pet food business?
What factors should be considered when determining the feasibility of starting an e- commerce platform for the business?
What are some potential challenges that Company X might face when launching an onlines tore, and how can they be addressed?
When it comes to doing business, what are the advantages of using a virtual private network (VPN)?
You have met a great friend at ERAU – Sally Soar. Sally is a pilot. She has approached you with a new business idea. With your expertise in business law and her skills as a pilot she knows the business is destined to be successful. Sally believes that you should open an air taxi service. This service will provide short flights throughout the state and maybe short distances into neighboring states. Many people are nervous flying busy commercial flights and are looking for alternatives. You and Sally are convinced this is the perfect time to open your new business.
1. Assess your and Sally’s strengths and weaknesses as an entrepreneur.
2. What are your business and personal goals?
Chapter 5 Solutions
Practical Management Science
Ch. 5.2 - Prob. 1PCh. 5.2 - Prob. 2PCh. 5.2 - Prob. 3PCh. 5.2 - Prob. 4PCh. 5.2 - Prob. 5PCh. 5.2 - Prob. 6PCh. 5.2 - Prob. 7PCh. 5.2 - Prob. 8PCh. 5.2 - Prob. 9PCh. 5.3 - Prob. 10P
Ch. 5.3 - Prob. 11PCh. 5.3 - Prob. 12PCh. 5.3 - Prob. 13PCh. 5.3 - Prob. 14PCh. 5.3 - Prob. 15PCh. 5.3 - Prob. 16PCh. 5.3 - Prob. 17PCh. 5.3 - Prob. 18PCh. 5.4 - Prob. 19PCh. 5.4 - Prob. 20PCh. 5.4 - Prob. 21PCh. 5.4 - Prob. 22PCh. 5.4 - Prob. 23PCh. 5.4 - Prob. 24PCh. 5.4 - Prob. 25PCh. 5.4 - Prob. 26PCh. 5.4 - Prob. 27PCh. 5.4 - Prob. 28PCh. 5.4 - Prob. 29PCh. 5.5 - Prob. 30PCh. 5.5 - Prob. 31PCh. 5.5 - Prob. 32PCh. 5.5 - Prob. 33PCh. 5.5 - Prob. 34PCh. 5.5 - Prob. 35PCh. 5.5 - Prob. 36PCh. 5.5 - Prob. 37PCh. 5.5 - Prob. 38PCh. 5 - Prob. 42PCh. 5 - Prob. 43PCh. 5 - Prob. 44PCh. 5 - Prob. 45PCh. 5 - Prob. 46PCh. 5 - Prob. 47PCh. 5 - Prob. 48PCh. 5 - Prob. 49PCh. 5 - Prob. 50PCh. 5 - Prob. 51PCh. 5 - Prob. 52PCh. 5 - Prob. 53PCh. 5 - Prob. 54PCh. 5 - Prob. 55PCh. 5 - Prob. 56PCh. 5 - Prob. 57PCh. 5 - Prob. 58PCh. 5 - Prob. 59PCh. 5 - Prob. 60PCh. 5 - Prob. 61PCh. 5 - Prob. 62PCh. 5 - Prob. 63PCh. 5 - Prob. 64PCh. 5 - Prob. 65PCh. 5 - Prob. 66PCh. 5 - Prob. 67PCh. 5 - Prob. 68PCh. 5 - Prob. 69PCh. 5 - Prob. 70PCh. 5 - Prob. 71PCh. 5 - Prob. 72PCh. 5 - Prob. 73PCh. 5 - Prob. 74PCh. 5 - Prob. 75PCh. 5 - Prob. 76PCh. 5 - Prob. 77PCh. 5 - Prob. 80PCh. 5 - Prob. 81PCh. 5 - Prob. 82PCh. 5 - Prob. 83PCh. 5 - Prob. 85PCh. 5 - Prob. 86PCh. 5 - Prob. 87PCh. 5 - Prob. 1C
Knowledge Booster
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, operations-management and related others by exploring similar questions and additional content below.Similar questions
- You are the current owner of an E-Commerce business called ‘Poison Berry’. You acquired this business from a previous owner. You purchased the business for $250,000, no money down and $5,000 a month over the next several years until the loan is paid off. The business sells home fragrances, candles, incense, and sprays for the home. You have been successful within your online community and are starting to receive emails from customers across the world inquiring about your products. They are curious as to products you may start to offer for offices. please be descriptive and detailed with the in the answers below and if possible use Management terms. 1.Please explain in full detail your business strategy for expansion. 2.What would you need to create, examine, and define before expanding including barriers, concepts, and a plan? 3. examine the process, and INNOVATION of your products and location.arrow_forwardYou have decided to move into an apartment with your best friend shortly after graduating from high school. Create a roommate agreement that makes sure you and your friend agree on your living arrangements.arrow_forwardAs technology grows, so does its uses. Companies are finding ways to let their employees manage various parts of their job without needing a full-time employee. One way this is done is with web-based self-service applications. Discuss new ways for employees to use Web-based self-service applications in their companies that will help save time and money. Describe not only the applications and how they work, but how they can save the company money and time. Be sure to include disadvantages to the process from the point of view of the employee.arrow_forward
- What are the disadvantages of business networking? The problems are outlined, along with some possible remedies.arrow_forwardAssuming you have been entrusted with developing an E-commerce web site for a newly constructed boutique hotel, what kinds of digital payments would you need for your e-commerce site? What would be the key features of each existing payment system and offer examples of where they are utilized. How can you ensure that your e-commerce environment is well-protected against a variety of possible security threats? Give specific instances to demonstrate your pointarrow_forwardImagine that the start-up company that you proposed to create for your assignment is very successful in twenty years and a large component of it becomes virtual. Outline the focus of your start-up company, its products and services, and its customers. Describe three factors that could make a significant part of the start-up company operations to become virtual. Describe two ways you would manage the virtual component of your business.arrow_forward
- the Internet is teeming with wiki sites or wikifarms hosting countless wiki communities with millions of pages. Popular platforms are Wikia, Wikispaces, PBworks, and Google Sites. All offer free accounts inviting users to browse or start their own wikis on any imaginable topic of interest. One notable online community is Wikibiz on Wikia, which is currently seeking competent business users to edit over 200 articles. It’s not hard to understand how businesses benefit from wikis for providing documentation, establishing a knowledge base, collaborating on and editing articles, and communicating in forums and chats. But what makes a valuable contributor? Whether they contribute to a wiki on the Internet or at work, participants should try to abide by the conventions of polite society, yet even commonsense rules are often broken. Valued users show respect and avoid ambiguous language. They don’t attack or harshly criticize other contributors. They aren’t trolls (annoying individuals who…arrow_forwardMy business idea is a coffee shoparrow_forwardIT and network risk policies may help reduce employee noncompliance with company rules.arrow_forward
- You have just been hired as a brand manager of toothpaste for a large consumer products company. Your job mainly involves encouraging the advertising and production groups to promote and manufacture your product more effectively. These departments aren’t under your direct authority, although company procedures indicate that they must complete certain tasks requested by brand managers. Describe the sources of power you can use to ensure that the advertising and production departments will help you make and sell toothpaste more effectively.arrow_forwardAn efficient and practical approach to information exchange of information requires that successful communication must be one of the aims for variance analysis? How?arrow_forwardlet's take a minute to look more closely at the Native tribes found here in the state of Virginia. Use the Virginia Indians websiteLinks to an external site. to determine which tribe you would like to research. Be sure to focus your research on the factual information you can find from valid and reliable sources of information. Consider what type of information you might want to include—where specifically did this tribe live? What type of housing did the tribe use? What type of natural resources was important? How did this tribe interact with other tribes in the surrounding areas? you are required to have at least TWO sources. MLA formatting dictates that you will need to include a Works Cited page (which can be a small section on your brochure or pamphlet). You should also use in-text citations throughout the paper that show which source the specific information comes from.arrow_forward
arrow_back_ios
SEE MORE QUESTIONS
arrow_forward_ios
Recommended textbooks for you
Practical Management ScienceOperations ManagementISBN:9781337406659Author:WINSTON, Wayne L.Publisher:Cengage,
Practical Management Science
Operations Management
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:Cengage,