linear programming problem. one image is the question and the other image is required information. f) If the price of daily bagel was 2.25 TL, what would be the maximum value of the totalprofit? What products would be produced in this case? If necessary, find the newsolution with the revised simplex. A bakery makes and sells daily bagels, plain buns and plain soft bagels. It earns 2 TL for eachbagel, 3 TL for a plain bun and 3.25 TL for a plain soft bagel. The bakery aims to produce andsell at least 100 products per day. The main resources used and the quantities required fromeach source for the production of each product are given in the table below.Bakery ResourcesDaily CapacityRequired Resource AmountDaily BagelPlain BunPlain SoftBagelDough (kg)150.100.150.2Labor (man*hour)10.250.050.150.075Baking Time -Oven Capacity200.20.10.2UtilizationIn order to maximize the bakery income, the LP model given below was established. Decisionvariables (X1, X2, X3) show the number of daily bagels, plain buns and plain soft bagelsproduced per day, respectively. Answer the questions according to this LP model. Findsolutions to sensitivity questions with revised simplex or dual simplex. Unless otherwisestated, the questions are independent from each other.Max Z = 2X1 + 3X2 + 3.25X3S.T.0.1X1 + 0.15X2 + 0.2X3 S 150.05X1 + 0.15X2 + 0.075X3 s 10.250.2X1 + 0.1X2 + 0.2X3 s 20X1+ X2 + X3 2 100Х, Ха, Xз 2 0

Name: linear programming problem. one image is the question and the other im
Uploaded: 2024-03-20T06:57:05.000Z
Channel: Bartleby
Description: linear programming problem. one image is the question and the other image is required information. f) If the price of daily bagel was 2.25 TL, what would be the maximum value of the totalprofit? What products would be produced in this case? If necess

Given LPP: MAX Z = 2x1 + 3x2 + 3.25x3subject to0.1x1 + 0.15x2 + 0.2x3 <= 150.05x1 + 0.15x2 +…

Business

Operations Management

f) If the price of daily bagel was 2.25 TL, what would be the maximum value of the total profit? What products would be produced in this case? If necessary, find the new solution with the revised simplex.

f) If the price of daily bagel was 2.25 TL, what would be the maximum value of the total profit? What products would be produced in this case? If necessary, find the new solution with the revised simplex.

Practical Management Science

6th Edition

ISBN:9781337406659

Author:WINSTON, Wayne L.

Publisher:WINSTON, Wayne L.

Chapter9: Decision Making Under Uncertainty

Section: Chapter Questions

Problem 30P

See similar textbooks

Similar questions

Scenario 3 Ben Gibson, the purchasing manager at Coastal Products, was reviewing purchasing expenditures for packaging materials with Jeff Joyner. Ben was particularly disturbed about the amount spent on corrugated boxes purchased from Southeastern Corrugated. Ben said, I dont like the salesman from that company. He comes around here acting like he owns the place. He loves to tell us about his fancy car, house, and vacations. It seems to me he must be making too much money off of us! Jeff responded that he heard Southeastern Corrugated was going to ask for a price increase to cover the rising costs of raw material paper stock. Jeff further stated that Southeastern would probably ask for more than what was justified simply from rising paper stock costs. After the meeting, Ben decided he had heard enough. After all, he prided himself on being a results-oriented manager. There was no way he was going to allow that salesman to keep taking advantage of Coastal Products. Ben called Jeff and told him it was time to rebid the corrugated contract before Southeastern came in with a price increase request. Who did Jeff know that might be interested in the business? Jeff replied he had several companies in mind to include in the bidding process. These companies would surely come in at a lower price, partly because they used lower-grade boxes that would probably work well enough in Coastal Products process. Jeff also explained that these suppliers were not serious contenders for the business. Their purpose was to create competition with the bids. Ben told Jeff to make sure that Southeastern was well aware that these new suppliers were bidding on the contract. He also said to make sure the suppliers knew that price was going to be the determining factor in this quote, because he considered corrugated boxes to be a standard industry item. Is Ben Gibson acting legally? Is he acting ethically? Why or why not?
Scenario 3 Ben Gibson, the purchasing manager at Coastal Products, was reviewing purchasing expenditures for packaging materials with Jeff Joyner. Ben was particularly disturbed about the amount spent on corrugated boxes purchased from Southeastern Corrugated. Ben said, I dont like the salesman from that company. He comes around here acting like he owns the place. He loves to tell us about his fancy car, house, and vacations. It seems to me he must be making too much money off of us! Jeff responded that he heard Southeastern Corrugated was going to ask for a price increase to cover the rising costs of raw material paper stock. Jeff further stated that Southeastern would probably ask for more than what was justified simply from rising paper stock costs. After the meeting, Ben decided he had heard enough. After all, he prided himself on being a results-oriented manager. There was no way he was going to allow that salesman to keep taking advantage of Coastal Products. Ben called Jeff and told him it was time to rebid the corrugated contract before Southeastern came in with a price increase request. Who did Jeff know that might be interested in the business? Jeff replied he had several companies in mind to include in the bidding process. These companies would surely come in at a lower price, partly because they used lower-grade boxes that would probably work well enough in Coastal Products process. Jeff also explained that these suppliers were not serious contenders for the business. Their purpose was to create competition with the bids. Ben told Jeff to make sure that Southeastern was well aware that these new suppliers were bidding on the contract. He also said to make sure the suppliers knew that price was going to be the determining factor in this quote, because he considered corrugated boxes to be a standard industry item. As the Marketing Manager for Southeastern Corrugated, what would you do upon receiving the request for quotation from Coastal Products?
Durant Co. manufactures glass bottles for dairy products. The contribution margin is $0.10 perbottle. Durant just received notification that one of its orders for 100,000 bottles contained misprintedlabels and thus had to recall and reprint the bottle labels. If it will cost $0.05 per bottle to reprint thelabels and $1,000 to reship the bottles, what will the net contribution margin be after the recall?
Waldo sells pre-packaged lunches to construction workers at a Peachtree Street construction site near the Georgia Tech campus. The pre-packed lunches include hand crafted sandwiches (made by Waldo's significant other), chips, and a piece of fruit. In total, product costs for Waldo are $3.50/lunch and he sells the product for $10.00 to his construction worker clientele. Ignore sales tax, Waldo doesn’t pay it anyway. When Waldo runs out of product, he simply takes orders from his remaining customers, walks two blocks to the Varsity Drive In, and buys the exact amount of product needed to fill the orders. Waldo charges each customer exactly $2.00 more per product than his costs, which will be variable based on the exact food orders placed by the individual workers. Waldo only provides this "courier" service if he runs out of his own product and performs the service to maintain goodwill with his customers. If instead of being under, Waldo is over on product, he sells his unsold lunches to…
A leading manufacturer of video games is about to introduce four new games. The accompanying tablesummarizes price and cost data, Combined fixed costs equal $600,000. A marketing research study predicts thatfor each unit sold of Diablo, 2 units of Call of Duty: Modern Warfare, 3 units of Sekiro and 4 units of Starcraft IIwill be sold.GamesDiablo Call of Duty Sekiro Starcraft IISelling Price (in dollars) 55 48 33 22Variable cost/unit (in dollars) 22 17 12 11a) How many product mix units must be sold to break even?b) How does it translate into sales of individual games?
A firm’s manager must decide whether to make or buy a certain item used in the production of vending machines. Making the item would involve annual lease costs of $150,000. Cost and volume estimates are as follows Make Buy Annual fixed cost $150,000 None Variable cost/unit $ 60 $ 80 Annual volume (units) 12,000 12,000 Given these numbers, should the firm buy or make this item? There is a possibility that volume could change in the future. At what volume would the manager be indifferent between making and buying?
Mary hopes to sell 10,000 pieces of chrysanthemum last November but she was able to sell 15,000 chrysanthemum. Her chrysanthemum is sold at 20 pesos each. Her total expenses was 150,000, hence, cost per unit is 15.00. Out of the 15,000 pieces sold, Maria, one of your retailers was able to sell 5,000. What was the sales volume percentage in Maria’s location? * a. 30% b. 3% c. 33.33% 2. Mary hopes to sell 10,000 pieces of chrysanthemum last November but she was able to sell 15,000 chrysanthemum. Her chrysanthemum is sold at 20 pesos each. Her total expenses was 150,000, hence, cost per unit is 15.00. What was her sales volume? * a. 25,000 b. 150,000 c. 300,000 d. 10,000 e. 15,000
Attached is an image of the Converse Chuck Taylor All Star Sneaker. It sells for approximately R1200 andcan be purchased at retailers like, Edgars, Sport Scene, Total sports, Superbalist and other sneakeroutlets. Q.1 - Is the Converse Chuck Taylor All Star Sneaker a consumer product or an Industrial product? Q.2 - A product is said to have 5 layers: Core, Tangible, Augmented, potential product and product image. Provide an example for the following layers in relation to the Converse Chuck Taylor All Star Sneaker.• Core• Tangible• Product image Q.3 - Converse would like to expand their product mix by adding new product lines. Should they use related or unrelated diversification. Choose one and why
Touché Toiletries, Inc. has developed an additionto its Lizardman Cologne line tentatively brandedOde d’Toade Cologne. Unit variable costs are45 cents for a three-ounce bottle, and heavy advertising expenditures in the first year would result in total fixed costs of $900,000. Ode d’ToadeCologne is priced at $7.50 for a three-ounce bottle. How many bottles of Ode d’Toade must be sold to break even?
Q. Radhuni, a traditional bangla restaurant, incurs the following costs:a. Cost of children’s toys given away free with kids’ mealsb. Cost of the posters indicating the special “two dishes for $2.50”c. Costs of frozen onion rings and Fishesd. Salaries of the food specialists who create new Biriyani for the restaurant chaine. Cost of “to-go” bags requested by customers who could not finish their meals in therestaurantRequired: Just Classify each of the cost items (a–e) as one of the business functions of the value chain
Sapatos Inc. sells a pair of shoes at P200. They have computed fixed cost to be P15,750 with a profit of P1,500 when 150 pairs of shoes are sold. a. Find the variable cost. b. Find the break even quantity.
ABC Company purchased its inventory at a lump price of P20,000. Relative sales value for each type of inventory was: Inventory XX, P10,000 Inventory YY, P4,000 Inventory ZZ, P10,000 How much would be the cost assigned to inventory XX, YY an ZZ respectively? 10,000. 4,000 and 10,000 respectively 10,000, 4,000 and 8,333 respectively 8,333, 3,333 and 8333 respectively 6667, 6667 and 6667 respectively