Mr. Smart is the manager of the firm with two plants A and B, which manufacture the products to satisfy two markets 1 and 2. The production capacity of the plant and B are 100 and 120, and the demands at market 1 and 2 are 110 and 130.

Describe two (2) financial career options that an individual with a finance education might pursue and explain the value that such a position adds to a company. Explain the essential skills that would make a person successful in each of the described positions. Recommend one (1) of the career options. Identify the most attractive features of the position.
February 5, 2018
When you first read Berlatsky’s article, what was your reaction? Were you able to find his main argument? What aspects of his argument did you agree with or disagree with?
February 5, 2018

Mr. Smart is the manager of the firm with two plants A and B, which manufacture the products to satisfy two markets 1 and 2. The production capacity of the plant and B are 100 and 120, and the demands at market 1 and 2 are 110 and 130.

Mr. Smart is the manager of the firm with two plants A and B, which manufacture the products to satisfy two markets 1 and 2. The production capacity of the plant and B are 100 and 120, and the demands at market 1 and 2 are 110 and 130. Mr. Smart decides to use an optimization model to find out the best production and delivery plan to maximize the total net profit. In this model, he uses Xij, i A, B, and 1,2, to indicate the amount of products produced at plant i and delivered to market j. Mr. Smart also uses the following two constraints in the optimization model to represent the demand constitutions at markets 1 and 2:

XA, 1 + XB, 110; XA 2 + XB, 2 130.

If Mr. Smart uses the above two constants in its model to solve the optimal production and delivery plan, is there any potential problem? If yes, please explain why and suggest what adjustments you would like to make; if no, please also explain why

 

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