IMSE2008 Operational Research Techniques Problem Set: Linear Programming Due: Monday‚ October 20‚ 2014 Please submit to the general office of the IMSE department (Ms Kate Lee HW8-17) on Oct 20 Late submission will be discounted by 20% on a daily basis Please e-mail me msong@hku.hk if you have any questions Problem 1. Work through the simplex method step by step to demonstrate that the following problem is unbounded. (5 marks) max 5x1 + x2 + 3x3 + 4x4 s.t. x1 – 2x2 + 4x3
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Table of Contents Table of Contents 1 Executive Summary 2 Introduction 2 Investment Environment in China 3 PESTEL Analysis of Investment Environment in China 4 1 Political Factors 4 2 Economic Factors 5 3 Social-cultural Factors 6 4 Technological Factors 7 5 Environmental Factors 7 6 Legal Factors 8 PESTEL Analysis of Investment Environment in Japan 8 1 Political Factors 8 2 Economic Factors 9 3 Socio-Cultural Factors 10 4 Technological Factors 10 5 Environmental
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The Triple-A Supply Chain Key ideas from the Harvard Business Review article By Hau L. Lee The Idea in Brief The holy grails of supply chain management are high speed and low cost--or are they? Though necessary‚ they aren’t sufficient to give companies a sustainable competitive advantage over rivals. Consider these disturbing statistics: Though U.S. supply chains became significantly faster and cheaper between 1980 and 2000‚ product markdowns owing to excess inventory jumped from 10% to 30% of total
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responsiveness of the company’s supply chain? The logistical driver of inventory encompasses all raw materials‚ work in process‚ and finished goods within a supply chain. A grocery store can be more responsive if it offers a broader variety. A grocery store should use products that can last for a significant amount of time and does not hold a high demand in its current time. 2. How could an auto manufacturer use transportation to increase the efficiency of its supply chain? An auto manufacturer
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their customers across the world. The Coca-Cola Company uses an efficient‚ extensive network of distributors to reach retailers‚ and ultimately‚ their consumers‚ making their products available when and where customers want them. Map the Supply Chain Paper The Coca-Cola Company is America’s number one soda brand and has been consumer’s drink of choice for decades. Coca-Cola does not sell just for its great taste‚ but also for its effective marketing strategies and sustainability. According
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Executive Summary Team 2 has researched and completed a comparative analysis of Mattel’s supply chain design and related costs with that of its major competitor Hasbro and the toy industry. What follows‚ is a brief background of Mattel’s traditional (non-electronic game) sector‚ its key competitors and Mattel’s use of supply chain management concepts in addressing the competitive landscape to gain a competitive advantage. The global toy and game market grew by 7.2% in 2007 with a value of $106.1
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Int. J. Production Economics 85 (2003) 183–198 The strategic integration of agile and lean supply R. Strattona‚*‚ R.D.H. Warburtonb a School of Engineering‚ Nottingham Trent University‚ Burton St.‚ Nottingham NG1 4BU‚ UK b Griffin Manufacturing‚ Fall River‚ MA‚ USA Abstract Lean supply is closely associated with enabling flow and the elimination of wasteful variation within the supply chain. However‚ lean operations depend on level scheduling and the growing need to accommodate variety and
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Exercise Lecture 1 – Chapter 2 Inventory Management 1. A drugstore sells bandages for $5 per box. The monthly demand for this product has a normal distribution with a mean of 100 and a standard deviation of 30. The store adopts a continuous review policy in which the order quantity equals the average demand for one month and the reorder point equals 43 boxes. The lead time for an order is one week‚ where each month contains exactly four weeks. a. What is the cycle service level for this product
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BARRIERS TO SUPPLY CHAIN INTEGRATION 26th July 20111 The key objectives of a supply chain are to provide quality products & services‚ speed with which goods and services move through the chain‚ dependability‚ flexibility and cost. (Slack‚ Chambers‚ & Johnston‚ 2007) One of the key facilitators to achieving these objectives is Supply Chain Integration. Today‚ Supply Chain Management as a discipline has changed the way logistics and supply is viewed. The competitive nature of business has
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UNIVERSITY OF NAIROBI SCHOOL OF BUSINESS MBA PROGRAMME AN ASSIGNMENT IN PARTIAL FULFILLMENT OF THE COURSE: PROJECT MANAGEMENT (DOM 602) TOPIC: PRINCE2 AND PMBOK® PRESENTED TO: MR. ONSERIO NYAMWANGE PRESENTED BY: OBARE RAKAMBA D61/72991/2012 25 JUNE 2012 PRINCE2 PRINCE2 is an acronym for PRojects IN Controlled Environments. PRINCE2 is a process-based approach for project management‚ providing an easily tailored and scaleable project management
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