Tots Toys Makes a Plastic Tricycle That Is Composed of Three

question 16

Essay

Tots Toys makes a plastic tricycle that is composed of three major components: a handlebar-front wheel-pedal assembly, a seat and frame unit, and rear wheels. The company has orders for 12,000 of these tricycles. Current schedules yield the following information.
The company obviously does not have the resources available to manufacture everything needed for the completion of 12000 tricycles so has gathered purchase information for each component. Develop a linear programming model to tell the company how many of each component should be manufactured and how many should be purchased in order to provide 12000 fully completed tricycles at the minimum cost.

Explain the strategic shifts in U.S. military and foreign policy under Nixon’s administration.

Trace the role and impact of Chicano and broader Latino political movements in the 1970s.

Examine the evolution of gay rights activism in the context of broader social justice movements.

Evaluate the effects of affirmative action and its implications for racial and gender equality in employment.

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Definitions:

Consumption

Domestic consumption of various goods and services.

Interest Rate

The annual percentage yield that is charged as interest for borrowing money or paid to investors as a return on investment.

Income

Money received on a regular basis from work, investments, business, etc., used to fund living expenses and savings.

Utility Function

A mathematical representation of how consumers rank different bundles of goods based on the level of satisfaction (utility) they provide.