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Consider the scenario given below.Use Excel solver to answer the following question(s) .
Peca Inc.is a small manufacturer of two types of office chairs,the swivel and no-swivel models.The manufacturing process consists of two principal departments: fabrication and finishing.The fabrication department has 24 skilled workers,each of whom works 7 hours per day.The finishing department has 6 workers,who also work a 7-hour shift.A swivel type requires 7 labor hours in the fabricating department and 2 labor hours in finishing.The no-swivel model requires 8 labor hours in fabricating and 3 labor hours in finishing.Peca Inc.makes a net profit of $100 on the swivel model,and $130 on the no-swivel model.The company anticipates selling at least twice as many no-swivel models as swivel models.The company wants to determine how many of each model should be produced on a daily basis to maximize net profit.
-In the finishing constraint,the shadow price of 45 indicates ________.
Concern for People
Refers to the degree of emphasis a leader or an organization places on the well-being, needs, and interests of the people within an organization or community.
High Levels
Referring to a state or position of great importance, intensity, or development.
Bureaucratic Organizations
Organizations characterized by a hierarchical structure, formal rules, and clear division of labor, often leading to efficient but potentially inflexible operations.
Basic Operating Rules
The foundational guidelines or procedures established for the operation of an organization, system, or machine.
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