MERTON TRUCK COMPANY 1) No. of Model 101= x‚ no. of model 102=y.Unit contribution/model= S.P – (Variable costs + Fixed cost).For Model 101‚ variable cost=36000 /unit‚For Model 102‚ variable cost=33000/unit.Fixed cost for both the model= 8600000 Therefore‚ total contribution z=39000x+38000y-36000x-33000y-8600000Z=3000x+5000y-8600000 The Constraints are:Engine assembly: x + 2y <= 4000Metal stamping: 2x + 2y <=6000Model 101 assembly: 2x <=5000Model 102 assembly: 3y <= 4500x‚y>=0.Solving
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DXX I NDIAN I NSTITUTE A HMEDABAD OF M ANAGEMENT IIMA/QM-xxx Merton Trucks Case Note Abstract We discuss Merton Trucks [Dhe90a] as a case to introduce linear programming in the MBA program. This case adapted from Sherman Motor Company case‚ was used to introduce Linear Programming formulations as well as duality. Refer to the teaching note [Dhe90b]. Our approach differs from the approach suggested by Dhebar [Dhe90b]. First‚ our audience consists pre-dominantly of engineers with not too much work
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In our reading for this week we talked about the four norms of Merton. This was first used in 1942. The norms are universalism‚ communism‚ disinterestedness‚ and organized skepticism. These were the keys to Merton social structure of science. Once learning about the four we can take those to learn how to interpret the norms‚ and use them in boundary work. Interpreting is not knowing the definition of these norms‚ but how they are used. Using them to connect other things in life and science. Which
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One of the well know socialists of the twentieth century is Robert K. Merton (1910-2003). He is a major theorist who is known for creating several pivotal sociological concepts. One of his most important achievements has been the established connection between theory and research‚ thereby making the way for the course of sociology. Merton favored what he called middle range theories: these are theories that “lie between minor but necessary working hypotheses that evolve in abundance during day to
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INTRODUCTION In early July 2007‚ the New York based hedge fund Perry Capital proposed to raise its stake in NEC Electronics Corporation (NECE)‚ the then publicly listed subsidiary of Japanese conglomerate‚ NEC Corporation‚ from 4.8 percent to 25 percent. The offering was ¥5‚000 a share‚ at about 60 percent premium. Perry’s investment in NECE traced back to late 2005‚ the year its first exposure to Asian markets‚ with the initial investment cost at around ¥3‚200 a share. Perry believed the intrinsic
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Meyer R. Scholnick also known as Robert King Merton was born on the 4th of July 2010 in Philadelphia in a Jewish family from Russia that immigrated to the United States of America. He took advantage of the culture riches surrounding him by frequenting nearby cultural and educational venues when he was in High School. Merton’s numerous childhood encounters composed a basis for his theory of social structure. The field of criminology and criminal justice has employed many of Merton’s prominent concepts
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459). Regardless of the minor modifications made within his theory‚ Merton has done little to resolve the basic problem‚ leading his concepts to have a “double meaning” (Rosenfeld‚ 1989‚ p. 459). For instance‚ “it is not clear from Merton’s discussions whether legitimate means refers to opportunities or outcomes‚ to access
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There are many aspects in the world today that separate us as society‚ such as‚ race‚ gender‚ age and social class. These aspects can also affect our lives in a variety of ways‚ including‚ where we live‚ who we are friends with‚ or maybe even the punishment of our deviances. “Deviance is generally defined as an act of violence that violates the social norm… with at least three factors‚” including‚ “time‚ place and public consensus or power.” ( Thio 160) Sadly‚ in the world today we encounter a
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Durkheim‚ and Weber have engaged in describing the interrelationships between social phenomena. This paper will address functionalism from Robert Merton’s perspective by looking at his significant contributions to functional analysis. Robert Merton (1910-2003) attempted to rectify some of the weaknesses within structural functionalism. Specifically‚ he criticized the underlying assumptions of functionalism and added complexity to how structural functionalism dealt with the relationship between
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Every city seems to have a “bad part of town”‚ but what is responsible for crime and social problems in these parts of inner cities? Robert Merton coined the theory of strain in 1938 building off of Emile Durkheim’s concept of anomie‚ or a feeling of normlessness (Cullen text‚ Part V). Robert Merton suggests that every society has a specific set of norms and goals for success‚ and that crime occurs due to the gap‚ imbalance‚ and disjunction between aspiration for these goals and the means to achieve
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