Why is effective operations management important for organizations?
Give an example of a global business that you are familiar with. How has globalization of this business affected operations? Discuss advantages and disadvantages for local operations for your example.
Why is effective operations management important for organizations?
Find the optimal solution of the following linear programming problem using the Iso-Profit (objective function) Line Method.
Max 3x + 5y
Subject to
4x + y > 4
3x + 2y < 12
x, y > 0
Draw the graph using MS Paint or CorelDraw or some other software. Copy the graph in a MS Word file and post the file on the course website in appropriate category.