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Tuesday, January 21, 2014

Julia's Food Booth

Assignment #3: Case Problem Julias nourishment for thought stand Complete the Julias Food Booth study problem on page 109 of the text. Address each(prenominal) of the issues A-D assent to the instructions given. (A)Formulate and solve an LP perplex. Vari fittings: X1=Pizza Slices X2=Hot Dogs X3=BBQ Sandwiches slip to: $0.75x1+ $0.45x2 + $0.90x3 ? $1,500 24x1 + 16x2 +25x3 ? 55.296in 2 of oven space X1 ? x2 + x3 (change to x1 + x2 + x3 ? 0 for constraint) X2/x3 ? 0 Solution: Variable/ attitude/ Value X1 / basic / 1250/ X2 / Basic / 1250/ X3 / NonBasic / 0 / at large(p) 1/ NonBasic / 0/ falling off 2 / Basic / 5296.0/ dawdling 3 / NonBasic / 0/ Slack 4 / Basic / 1250 / optimum Value (z)/ / 2250 / (B)Evaluate the picture of assumeing cash before the basic game. Yes, I do believe Julia would increase her gain if she borrowed money. The phantasm price is $1.50 for each spare dollar she earns. The upper situate in the model that is give n is $1,658.88. This means that Julia can borrow $158.88 from her friend, which gives her an extra profit of $238.32. (C) Evaluate the prospect of paying a friend $ snow/game to assist. According to the information presented in (A) and (B), I do believe Julia should hire her friend for $ c per game.
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It would be rough for Julia to prepare all of the food unavoidable within the come up of clip to reach her finishing, so she will need the additional help. If she is borrowing extra money from a nonher friend, she would be able to pay the help for the time spent helping at the game because the $158.88 she bo rrowed will pull up stakes her to do so. ! (D)Analyze the daze of uncertainties on the model. An impact of uncertainty on the model would be that the stand could cause people to not assist the game. If the weather is rainy, then many people may not attend as they would if it was sunny. With this being an issue, Julia may not reach her goal of $1000 per game. In addition to the weather, the pizza pie company Julia negotiated the hold with could have a...If you want to get a full essay, recite it on our website: OrderCustomPaper.com

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