ncreased customer counts should result in maximized total operational revenues. Explain and give three examples of how this can be done in a restaurant.
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In a sales approach to marketing, the goal is to maximize volume (number of covers sold). Increased customer counts should result in maximized total operational revenues. Explain and give three examples of how this can be done in a restaurant.
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- Inc. wants to analyze its variances in its actual and budgeted operation. · There is no difference between the actual gross profit and budgeted gross profit.· The quantity of units sold is the same as the budgeted units sold.· Actual Units sold at budgeted sales price is P10,000· Actual Units sold at budgeted cost price is P8,000· Budgeted Sales is at P10,000 and the actual sales is P1,500 greater than the budgeted sales· Budgeted Cost of Goods Sold is at P8,000 and the actual Cost of Goods Sold is P1,200 greater than the budgeted Cost of Goods Sold.What is the sale price variance?Develop a rich context model for increasing space capacity in  refrigerators. Please be clear and detailed. See rich context model photo. Start by tailoring the generalized rich picture in the photoA. If they wish to maximize the number of exposures to working mothers, how many ads of each type should be purchased? What is the objective function, and system of constraints?
- Sales representatives sell two products A and B. Based on historical data there is an average 20 euro commission for every call on product A and a 10 euro commission for every call on product B. Data also shows that sales representatives spend about 3 hours per call for product A and 2 hour for product B. The company requires at least 25 calls per month for each product and not more than 100 calls per month on any one product. How should the sales representatives allocate their monthly 165 working hours between making calls selling products A and B if they want to maximize their commission? a) Mathematically formulate the LP model for maximizing commissions (=primal problem) b) Mathematically formulate the dual problem of the primal problem. Implement both LP models (primal and dual) using Excel Solver. c) Report the optimal objective functions, decision variable values and the shadow prices of both the primal and dual problems. d) Confirm that these numbers are in line with…What are some common properties of LP models? What is the three-step process for solving LP models? How are constraints modeled graphically? What is the corner point property? How is it useful in solving LP models?Primer Inc. offers plumbing and air conditioning services to customers in Brooklyn, NY. The company’s product strategy is to solve the customer’s problem irrespective of what it takes, at the time the customer needs it solved. The company provides same-day service for customers, and the aim is to make the customer happy before leaving.The services of the company are available 24 hours a day, 7 days a week for customers. There is no extra charge for requests made on holidays, odd hours of the day, or in festive seasons. The company aims to be available at the call of customers without charging a pesewa extra, even at times when rival firms won’t get out of bed.The company fixes the price of the service before it begins, and customers can be assured of no extra charges. Irrespective of the customer’s location in the city, Primer Inc. does not charge additional fees for transportation. For all services, the company provides a one-year guarantee on all parts and labor used, while rival…
- Primer Inc. offers plumbing and air conditioning services to customers in Brooklyn, NY. The company’s product strategy is to solve the customer’s problem irrespective of what it takes, at the time the customer needs it solved. The company provides same-day service for customers, and the aim is to make the customer happy before leaving.The services of the company are available 24 hours a day, 7 days a week for customers. There is no extra charge for requests made on holidays, odd hours of the day, or in festive seasons. The company aims to be available at the call of customers without charging a pesewa extra, even at times when rival firms won’t get out of bed.The company fixes the price of the service before it begins, and customers can be assured of no extra charges. Irrespective of the customer’s location in the city, Primer Inc. does not charge additional fees for transportation. For all services, the company provides a one-year guarantee on all parts and labor used, while rival…Primer Inc. offers plumbing and air conditioning services to customers in Brooklyn, NY. The company’s product strategy is to solve the customer’s problem irrespective of what it takes, at the time the customer needs it solved. The company provides same-day service for customers, and the aim is to make the customer happy before leaving.The services of the company are available 24 hours a day, 7 days a week for customers. There is no extra charge for requests made on holidays, odd hours of the day, or in festive seasons. The company aims to be available at the call of customers without charging a pesewa extra, even at times when rival firms won’t get out of bed.The company fixes the price of the service before it begins, and customers can be assured of no extra charges. Irrespective of the customer’s location in the city, Primer Inc. does not charge additional fees for transportation. For all services, the company provides a one-year guarantee on all parts and labor used, while rival…Primer Inc. offers plumbing and air conditioning services to customers in Brooklyn, NY. The company’s product strategy is to solve the customer’s problem irrespective of what it takes, at the time the customer needs it solved. The company provides same-day service for customers, and the aim is to make the customer happy before leaving.The services of the company are available 24 hours a day, 7 days a week for customers. There is no extra charge for requests made on holidays, odd hours of the day, or in festive seasons. The company aims to be available at the call of customers without charging a pesewa extra, even at times when rival firms won’t get out of bed.The company fixes the price of the service before it begins, and customers can be assured of no extra charges. Irrespective of the customer’s location in the city, Primer Inc. does not charge additional fees for transportation. For all services, the company provides a one-year guarantee on all parts and labor used, while rival…
- Operations Research. A company produces two models of calculators at different places. In one day place A can produce 140 of model 1 and 35 of model 2, while place B can produce 60 of model 1 and 90 of model 2. If the company needs to produce at least 420 of model 1 and 315 of model 2. Assume it costs 1200$ per day to operate Place A and 900$ per day for place B. consider x and y to be the numbers of operating days for places A and B respectively. Formulate a linear programming problem and solve it in order to minimize the total cost.Nice-Fit is a (fictional) small business producing outfits for costume parties and specialoccasions. Custom designs can be tailored to a customer’s request. Tom and Ann are theowners of the company and source all the fabric, design the outfits and make the costumesthemselves. Tom and Ann keep spreadsheets with information on the material purchased andcostumes made, but they find it difficult to keep track of their products, raw materials, andsales. The raw materials are supplied from a fabric company in India, and the production takesplace in a manufacturing company in China. The clothing is sold at local weekend markets,sold, or rented through costume hire shops, and sold at their physical store. Tom and Annreceive a small percentage of the sales and rentals of their costumes from the hire shops.They have no information on customers other than those who request custom designsdirectly from them. In 2020, the Covid-19 pandemic had a major impact on global economies,businesses and how we…A goal is to get at least 10% of daily calories from polyunsaturated fats as are found in various nuts, oils, and fish. One serving of walnuts (about 15 pieces) has about 20g of polyunsaturated fat. Each fat gram has 9 calories. About what percent of daily calories does one serving of walnuts provide, assuming a 2,000-calorie diet?