Management Answers

A patient consults a doctor at Levy Mwanawasa Hospital to check up his ill health. The doctor examination advises him to consume vitamin A and D regularly for a period of time so that he can regain his health. Doctor prescribes tonic 𝑇1 and tonic 𝑇2 which are having vitamins A and D in certain percentages. The doctor also advises the patient to consume at least 4 units of vitamin a and 5 units of vitamins D daily. The cost of tonics 𝑇1 and 𝑇2 and the proportion of vitamin A and D that are present in 𝑇1 and 𝑇2 are given in the table below.

Vitamins

Tonics

Daily Requirement

𝑻𝟏

𝑻𝟐

𝐴

1

2

4

𝐷

1.5

1

5

Cost in kwacha per unit

1.5

1.25

(a) Formulate LPP to minimize the cost of the tonics.

[4 marks]

(b) Solve the LPP and interpret your results

A company makes two types of leather shoes, shoe A and shoe B. Shoe A is a high quality shoe and shoe B is a low quality. The respective net returns are K4 and K3 per shoe. The production of each of type A requires twice as much time as shoe of type B, and if all shoes were of type B, the company could make 1000 shoes per day. The supply of leather is sufficient for only 800 shoes per day (both B and B combined). Shoe A requires a fancy laces and only 400 of these are available per day. There are only 700 laces a day for shoes B.

(a) Formulate the LPP and state the assumption you made.

[5 marks]

(b) Determine the daily production of each type of shoe type. Use simplex method.

1. Examine the most dramatic changes in the external environment that forced De Beers to reconsider its business model. (30) 2. Do you think De Beers still wields some bargaining power in the supply chain as a supplier of diamonds, seeing that its diamond market share has decreased steadily over the years? Motivate your answer. (20) 3. Analyse the current competitive situation in the global industry. Refer to Porter’s five competitive forces and their impact on the global diamond industry. (40)

Discuss the role of interest rates and their usage in securities valuation

Examine markets and local environment factors as a criteria for selecting a warehouse location and argue the problems local retailers could face as a result of Wal-Mart move into South Africa

Do you think De Beers still wields some bargaining power in the supply chain as a supplier of diamonds , seeing that it's diamond market share has decreased steadily over the years , motivate your answer

fill in the missing word. The MPS schedule indicates the

You have been appointed as IT Head of a soon to be opened Retail chain store by the name of “India Retail Store” which will have branches all over India. India Retail store is a Private Limited company. Highlight atleast 5 security threats that a bank may face in today’s times and suggest 5 innovative IT security mechanisms to ensure that such threats do not harm your Retail store chain & that your systems remain as secure as ever. 

Briefly describe how Nike failed to promote a healthy intercultural and diverse communication environment

State whether the following is true or false, Supply chain management coordinates an operations activities on the demand and supply side