Case Analysis: Merton Truck Company Linear programming techniques can be used to not only determine the best production mix‚ but also to provide clues and data suggesting ways to improve profits. In 1988‚ Merton Truck Company was searching for ways to increase profits and ultimately its poor financial performance. Options being considered included changing their product mix by either removing or adding a product line‚ or renting capacity. In the following pages‚ the product mix and capacity
Premium Management Marketing Strategic management
Merton Electronics Corporation About company -Since its founding in 1950 by Thomas Merton‚ Merton Electronics had been a distributor for GEC‚ a large manufacturer of electrical and electronics products for consumer and institutional market. -Over the years‚ in addition to the GEC products‚ the company had added noncompeting lines of electrical appliances‚ records‚ compact discs‚ and cassettes. -Four years later‚ it entered into an exclusive import agreement with the Goldstone Corporation of
Premium United States dollar Currency Foreign exchange market
Merton’s theory of the Social Structure and Anomie is one of the most well renowned and cited theories of strain and deviance as it encompasses the ability to account for the strain produced due to hindered opportunity within the relentless pursuit of economic success (Rosenfeld‚ 1989‚ p. 289). The ladder theory is valid in determining deviancy amidst the lower working classes within the societal hierarchy‚ it may also interpret the causation of street crimes; however‚ it is fails to define and account
Premium Sociology Capitalism Marxism
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
Premium Contribution margin Optimization Capacity utilization
homicide can be explained by many theories‚ particularly biological‚ psychological and sociological. This essay will be competing the usefulness of the three explanations in understanding the homicide of Sukhdev who was killed by Ryan in a brutal attack. While all three explanations are useful in the understanding of this particular case‚ they have limitations and criticisms which will also be looked at. One sociological theory of homicide is Merton’s strain theory. He theorised that crime and deviance
Premium Sociology Murder Crime
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
Premium Contribution margin Variable cost Costs
TITLE PAGE Laboratory Title: 2D Strain Rosette Analysis Contents Page 1 Title page Page 2 Contents Page 3 Nomenclature Page 4 Summary Page 4 Literature Search Page 5-6 Theory Page 7 Apparatus Page 8 Procedure Page 9 Tabulated Experimental Results Page 10-13 Sample Calculations Page 14 Tabulated Calculated Results Page 14 Error Analysis Page 14 Conclusions Page 15
Premium Materials science Elasticity
Social Role Theory and Role Strain in Parenthood Rita Bisaro Lewis Clark State College Social Role Theory and Role Strain in Parenthood Key Components One of the many theories in history is social role theory suggested by both Orville Brim and Talcott Parsons (Newman and Newman‚ 2012). Both sociologists believed socialization and personality development was the result of participation (Newman and Newman‚ 2012) in social roles they had in life‚ and they defined those roles as behaviors that
Premium Sociology Gender role Psychology
T.C.D | Measurement of Strain using Electrical Resistance Strain Gauges | 3B3 - Mechanics of Solids | | Adam McCreevey | 3/15/2013 | This is a laboratory to learn how to make measurements using a strain gauge by using different configurations‚ also to determine experimentally the axial and transverse stress at the surface of the beam and compare them to theoretical calculations | Introduction If a length of wire is subject to a stress within its elastic limits‚ the resulting
Premium Beam Shear stress
Assessment Theorist Paper Robert J. Marzano Robert J. Marzano is an educational assessment theorist and expert. He is known for this development of assessment programs and practices being used nationally in K-12 classrooms. He offers practical ways for educators to translate his theory into practical instructional methods that can be used in any classroom. His theory and philosophy can be found in the 25 books and more than 150 articles he has authored over the years. As best stated on
Premium Education Educational psychology