PMI Linear Beauty Products Production Schedule Decision Tree Exercise
Description
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Use the attached template and data to answer the question:
Data Analysis:
Calculate the labor stages and material requirements for each product.
- Based on the results of your calculation, develop a summary table for linear programming analysis.
Next, calculate the production schedule, determining what will be produced, the quantity, and when the output will be produced.
Conduct a sensitivity analysis on the cost of the products using a decision tree.
- Generate labeled graphs to demonstrate changes, if any, in product cost.
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