Chapter 2 Linear Programming: Basic Concepts Solution to Solved Problems 2.S1 Back Savers Production Problem Back Savers is a company that produces backpacks primarily for students. They are considering offering some combination of two different models—the Collegiate and the Mini. Both are made out of the same rip-resistant nylon fabric. Back Savers has a long-term contract with a supplier of the nylon and receives a 5000 square-foot shipment of the material each week. Each Collegiate requires
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Abstract The main two reasons for the companies to implement variable pay plan are: motivating employees and reducing cost. In this paper we try to point out the challenges the organizations might face when they apply variable pay system by reviewing related literature. We find that it is difficult for the company to have a reliable measure for the variable pay system. In addition‚ the focus of the variable pay plan should be on motivating employees or cutting cost and how to strike a balance between
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Solve Sundsbo Early Life • Solve Sundsbo is a Norwegian fashion photographer‚ born in 1970. • Sundsbo realised he wanted to pursue photography seriously after taking reportage and action photos of his friends skiing and clubbing. • In the beginning of his career‚ he had difficulty finding a job because his work had no particular style and so people would say to him “ I’m sot sure if I can hire you‚ I’m not sure what you are doing. What is your style?” • Still in his early twenty’s‚ Sundsbo
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Measuring haemodynamic variables using different techniques and examining the effects of diving reflex‚ isometric muscle contraction and psychological stress on these variables. Introduction Haemodynamics is the study of factors that determine the movement of blood (Widmaier et al‚ 2011). The main haemodynamic factors are heart rate and blood pressure. Heart rate is defined as the number of times the heart contracts per minute. Normal resting heart rate in adults ranges between 60 – 100 beats
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IF WE ARE RELY ON TECNOLOGY As time changes season after season‚ we all change along with it. The way that we use to solve problems changes too. There is an idea‚ that caused by using technology ‚ ’as people rely more and more on technology to solve problems. The ability of human to think for themselves will surely deteriorate’ Of course‚ there are people who agree and who disagree with this idea. Personally‚ I agree with this idea. Hence‚ in the following content‚ it will mention about the reason
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E12-16 E12-1 (Classification Issues—Intangibles) Presented below is a list of items that could be included in the intangible assets section of the balance sheet. 1. Investment in a subsidiary company. …. LT Investment in Balance Sheet 2. Timberland. ……………………………………..… PPE in Balance Sheet 3. Cost of engineering activity required to advance the design of a product to the manufacturing stage. …………R& D Expense in Income Statement 4. Lease prepayment (6 months’ rent paid in advance). …………………………………………………
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MULTIPLE CHOICE—Conceptual 21. Plant assets may properly include a. deposits on machinery not yet received. b. idle equipment awaiting sale. c. land held for possible use as a future plant site. d. None of these answers are correct. 22. Which of the following is not a major characteristic of a plant asset? a. Possesses physical substance b. Acquired for resale c. Acquired for use d. Yields services over a number of years 23. Which of these is not a major characteristic of a plant
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Cement overcapacity is a major problem in the cement industry to be solved at present. Our country banned blind investment impulse in cement industry in 2013 and also launched several centralized control of overcapacity of the iron and steel‚ cement and electrolytic aluminum. However‚ centralized control is still hard to ease the situation of cement overcapacity. In September this year‚ after the release of Air Pollution Prevention and Control Action Plan‚ the backward capacity elimination task
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(both variable and fixed) were allocated to planned production? What was the actual cost per unit of production and shipping. 3. Prepare a flexible budget for 180‚000 iPhone 4’s and calculate flexible budget variances using actual costs for August. 4. Estimate material price and usage for flash memories‚ labor rate and usage (efficiency) variances‚ and the overhead spending variance for August. 5. What are some strategies or decisions that Wentao Chen should consider in trying to solve the
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Intermediate Accounting Project Issue 1(FASB ASC 230-10-50) Some transactions are part cash and noncash; only the cash portion shall be reported in the statement of cash flows. Non-cash activities are reported in the footnotes of the cash flow statement or reported parenthetically MEMO: After researching the proper treatment of this transaction in relation to cash flows‚ I found the following information: • The cash flow statement includes only inflows and outflows of cash and cash equivalents;
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