A Company Makes 2 Products a and B from 2

question 35

Essay

A company makes 2 products A and B from 2 resources, labor and material. The products have the following resource requirements and produce the accompanying profits. The available quantity of resources is also shown in the table.
$\begin{array}{lccc}\text { Product } & \text { A } & \text { B } & \text { Avalable resources } \\\hline \text { Labor (hr/unit) } & 3 & 2 & 150 \\\text { Material (ounces/unit) } & 1 & 2 & 200 \\\text { Profit(\$/unit) } & 7 & 6 &\end{array}$
Management has developed the following set of goals
Goal 1: Produce approximately 40 urits of product 1
Goal 2: Produce approxinately 70 urits of product 2
Goal 3: Achieve a profit aver \$400.
Goal 4: Consume less than 150 hours of labor Formulate a goal programming model of this problem.

Understand the four-step method for solving performance problems and its application.

Comprehend the key concepts of entrepreneurship in leadership performance improvement.

Identify corrective actions that align with core values like truth, trust, and respect.

Learn the principles of positive reinforcement in performance improvement.

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Definitions:

Failure

The condition or fact of not achieving the desired end or ends, such as missing a target or not meeting a standard.

Leadership

The process of inspiring others to work hard to accomplish important tasks.

Procedure

A rule describing actions that are to be taken in specific situations.

Communication

is the act of conveying information, ideas, feelings, and messages from one person or group to another through various means.