Julia’s Food Booth Case Problem MAT 540- Quantitative Methods February 23‚ 2013 (A) Formulate and solve an L.P. model for this case. The following variables were be used: X1 = Slices of Pizza X2 = Hot Dogs X3 = BBQ Sandwiches The objective is to maximize profit. maximize Z= 0 .75X1+1.05X2+1.35X3 Subject to: 0.75X1+1.05X2+1.35X3≤1‚500 (Budget) 24X1+16X2+25X3≤55‚296in2 (Oven Space) X1≥X2+X3 X2X3≥2.0 X1‚ X2‚ X3≥0 (B) Evaluate the prospect of borrowing money before the first
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Commodities are objects that satisfy human needs and wants. Commodities are the fundamental units of capitalism‚ a form of economy based on the intense accumulation of such objects. The basic criterion for assessing a commodity’s value is its essential usefulness‚ what it does in the way of satisfying need and wants. This usefulness is its use-value‚ a property intrinsic to the commodity. Commodities also possess an exchange-value‚ the relative value of a commodity in relation to other commodities
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Do you really want to be an Ebay? There are many companies that have emerged in recent years following the powerful Business Model "Multisided" and copying the successful experience from companies such as eBay. How would these intermediaries competitive markets? In the article we identified from different features and approaches Multisided differences between the model and the Reseller. Below is a comparison chart showing key factors‚ as mentioned in the article‚ to determine which model is the
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Review of the Dunphy-Stace’s contingency model of change implementation This Assignment Is Published With Permission From The Author For Online Review Only All Rights Reserved @ ChinaAbout.Net Dexter Dunphy and Doug State (1993) based on a research of 20 Australian organizations had proposed a contingency model of change implementation‚ in the model they claimed that managers and change agents should differentiate their change strategies based on the different external environments. Obviously
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cLAI You are Mr. Satya Chandrasekhar. You bought a VPL TV set two months ago from Home needs‚ a store meant for consumer electronic goods. You paid 14‚000 for the TV set and you were told that E1345‚ the model number indicated that it was the latest version and had excellent audio and video input. The TV set developed audio problems in less than 45 days. Initially the audio out put was fading away for a minute or two. A little worried you called Home needs and informed them about the problem
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Marx v. Smith on Capitalism Capitalism‚ according to the Encyclopaedia Britannica‚ is “the means in which production are privately owned and production is guided and income is disputed largely through the operation of markets”. Capitalism saw the emergence after the feudal system of Western Europe can do a halt. Many economists‚ even today‚ dispute the simple beginnings of capitalism. Some theories range from religious reasons‚ such as the rise of Protestant Reformation in the 1500s‚ to the enclosure
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Introduction According to Miriam-webster.com‚ a fetish can be termed as an object of irrational reverence or obsessive devotion. Fetishism can hence be described as the act of irrationally revering an object by obsessing over it. The origin of the term ‘fetishism’ The modern meaning of the term ‘fetish’ was is agreed to have originated from the work of Charles de Brosses writing in 1760 who used the term to describe the religious practices of worshipping objects and referring to them as gods‚
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Commentary: “My butt is big…” The text is an advertisement‚ by the Nike Corporation‚ that endorses women’s sporting products. The tenor consists of an assertive‚ satisfied and self-assured woman whom boasts confidently of her own “butt”. Consequently‚ the mode of the text can be both spoken and written‚ as the voice of the woman speaks colloquially‚ using everyday language. At first glance‚ readers may identify the emphasis on the words “my butt is big”‚ as the words are enlarged and bolded
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Karl Marx believed that history evolved in a way that can be understood and acted on by people. He also believed that economics drives history and is the base structure of society. He viewed history as proof that evolution is inevitable and that a revolution’s determinate factor will be economics. Concepts such as the bourgeoisie‚ surplus value‚ and industrial reserve army serve as evidence that support Marx’s belief in the revolutionary potential of the working class. Marx put tremendous faith
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The Stanford Prison Experiment Throughout all of history‚ psychological experiments have created controversy throughout the world. A specific example of this argument would be what came from the Stanford Prison Experiment in 1971. This experiment tested whether brutality shown by prison guards was due to sadistic personalities or the environment of the prison (McLeod‚ 2008). This experiment is known for its ethical issues displayed towards the men who were involved in the study. Although this experiment
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