Practical Management Science

The Salem Board of Education wants to evaluate the efficiency of the town’s four elementary schools. The three outputs of […]

At the beginning of year 1, you have $10,000. Investments A and B are available; their cash flows are shown

Hiland’s Appliances laptops, TVs, refrigerators, microwave ovens, and ranges. These products compete for floor space, tie up different amounts of

Based on Heady and Egbert (1964). Walnut Orchard has two farms that grow wheat and corn. Because of differing soil

A furniture company manufactures tables and chairs. A table requires 40 board-feet of wood, and a chair requires 30 board-feet of

The Amorco Oil Company controls two oil fields. Field 1 can produce up to 20 million barrels of oil per

Candy Kane Cosmetics (CKC) produces Leslie Perfume, which requires chemicals and labor. Two production processes are available. Process 1 transforms

A school system has 16 bus drivers that must cover 12 bus routes. Each driver can cover at most one

NewAge Pharmaceuticals produces the drug NasaMist from four chemicals. Today, the company must produce 1000 pounds of the drug. The

The government is auctioning off oil leases at two sites. At each site, 100,000 acres of land are to be