nJuicy Juice manufactures different juices made entirely of various exotic nuts. Their primary market is China and they operate 3 plants located in Ethiopia, Tanzania and Nigeria. You have been asked to help them determine where to manufacture the two newest juices they offer, Gingko Nut and Kola Nut. Each plant has a different variable cost structure and capacity for manufacturing the different juices. Also each juice has an expected demand. Cost/unit Gingko Kola Ethiopia ¥21.00 ¥22.50 Tanzania ¥22.50 ¥24.50 Nigeria ¥23.00 ¥25.50 Capacity Units/month Ethiopia 425 Tanzania 400 Nigeria 750 Demand Units/month Gingko 550 Kola 450 How much of each juice should be made at each plant in order to minimize total cost while meeting demand and adhering to plant capacity?
Q: Max the Tailor is going to sell custom suits. He was able to rent a garage from his Uncle Ed for…
A: Fixed Cost 2000 Statement of contribution margin per unit Sales 500…
Q: Wingman Distributing Company is expanding its supply chain to include a new distribution hub in…
A: Material requirements planning (MRP) determines the materials and parts required to make a given…
Q: roduction Lot Ibs. ze Q' nnual Inventory dollars olding Cost H nnual Setup Cost dollars otal Annual…
A: WE ARE ALLOWED TO DO FIRST THREE SUB PARTS ONLY. THE ANSWER IS AS BELOW:
Q: Demand for jelly doughnuts on Saturdays at Don’s Doughnut Shoppe is shown in the following…
A: Residual cost = Cost per unit- Salvage value per unit =$ 3.20-2.40= $ 0.80 per dozen Cost per sold…
Q: Formulate as a constrained nonlinear program. Clearly indicate the variables, objective function,…
A: The linear programming is formed as follows:
Q: 6) APP Transportation (No Backorders Permitted) 1) Solve for the Production Plan. What is the value…
A: Find the calculations below: So the correct answer is "0".
Q: A manufacturer produces three models (I, II, and II) of a certain product using raw materials A and…
A: Let assume x1 be the number of units of model I x2 assumed to be the number of units of model II x3…
Q: Deutchlander Machine Company (DMC) makes two types of printing presses: a four-color litho and a…
A: Given - DMC earns Profit from each Four-color litho = DM24,000 DMC earns Profit from each Two-color…
Q: Auria will produce 3 vehicle components and knows that each start generates a cost of 5,000 pesos.…
A:
Q: Ram Roy's firm has developed the following supply, demand, cost, and inventory data. Assume that the…
A: We will solve this by using the transportation method and using excel solver.
Q: The economic order quantity of Geo Co. is determined to be 450 units and it sells its only product…
A: A Small Introduction about Purchasing Buying is the purchasing of labor and products. A thing that…
Q: Mary is a sales person for Challenge Furniture. She receives an incremental commission based on the…
A: Based on the given information, it is clear that Mary is getting commission level 3 commission of…
Q: Betty Malloy, owner of the Eagle Tavern in Pittsburgh, is preparing for Super Bowl Sunday, and she…
A: Given data is Cost of Yodel = $1.50/gallon Cost of Shotz = $0.90/gallon Cost of Rainwater =…
Q: The president of Hill Enterprises, Terri Hill, projects the firm's aggregate demand requirements…
A: Month Demand January 1500 February 1600 March 1700 April 1800 May 2300 June 2200 July…
Q: 3. irene sells fashion bags online. she gets each bag for P150.00 from a loca supplier. she then…
A: 3. irene sells fashion bags online. she gets each bag for P150.00 from a loca supplier. she then…
Q: Jose Martinez of El Paso has developed a polishedstainless steel tortilla machine that makes it a…
A:
Q: Wingman Distributing Company is expanding its supply chain to include a new distribution hub in…
A: Estimated Expenditure means such aggregate as the Landlord may every now and then indicate similar…
Q: À company has three cement plants from which cement has to be transported to four distribution…
A:
Q: The Awesome Skis Company has manufacturing plants in Portland, Oregon and Toronto, Ontario. You have…
A: Find the Given details below: Given details: Outlet Lake Tahoe Whistler Supply Plant…
Q: Wingman Distributing Company is expanding its supply chain to include a new distribution hub in…
A: Given data: Variable Cost 0.9 Fixed cost 800 Rental cost 1.4
Q: EFE company manufactures and sells boats. The company's management accountant gathered the following…
A:
Q: ABC Ltd has forecasted demand for its product ‘AB’ to be 400,000 units for the following year. The…
A: EOQ or Economic Order Quantity is the calculation that helps firms calculate the optimum order…
Q: corrugated carton number of units profit 6 4 0…
A: Given- Excel formulation-
Q: During the summer, Olympic swimmer Adam Johnsonswims every day. On sunny summer days, he goes to…
A:
Q: SY Manufacturers (SYM) is producing T-shirts in three colors: red, blue, and white. The monthly…
A: Note: I have answered for sub-parts (a) to (c). Kindly post the remaining sub-parts separately.
Q: ProHaul specializes in trans-American shipments for businesses through the delivery of containers.…
A: Calculating the value of break-even sales for the company. We have, Break-Even Sales = Fixed Cost /…
Q: a-1. Determine the optimal number of doughnut holes, in dozens, to stock if labor, materials, and…
A: Given Cost price per dozen = $4.80 Selling price per dozen = $6.40 The leftover doughnut holes at…
Q: Eastman Publishing Company is considering publishing an electronic textbook about spreadsheet…
A: Given that: Scenario 1 Scenario 2 Scenario 3 Scenario 4 Scenario 5 Variable Cost/Book $6 $8…
Q: Electronics Ltd manufactures air conditioners. It purchases 200,000 units of a particular type of…
A: E.O.Q= 2×A×B÷C No. of orders= A÷E.O.Q Minimum usage = 400 units Maximum usage= 1000…
Q: You have been hired by Kia as manager for its Pakistan operations. Assume following is the…
A:
Q: Annie McCoy, a student at Tech, plans to open a hot dog stand inside Tech's football stadium during…
A: Given data Fixed Cost will be calculated by adding the vendor’s fee and equipment and stand fee for…
Q: The manufacturing costs of Calico Industries for three months of the year are provided below:…
A: ANSWER : Option : c) $0.36 per unit and $21,140
Q: Ontario Sweet Shop makes special boxes of Valentine’s Day chocolates. Each costs $15 in material and…
A: Below is the solution:-
Q: ullseye Shirt Company makes three types of shirts: athletic, varsity, and surfer. The shirts are…
A:
Q: Jack Manufacturing Company produces engines. The contract that it has signed with a large truck…
A: Note: - Since the exact question that has to be answered is not specified, we will only the first…
Q: 6. Ah Seng Coffeeshop needs to decide in November 2021 how many Chinese New Year cups to order to…
A: given, designed cups sell = $23.95 cost = $6.75 chances of 25% sell 10,000 cups 50% chance sell…
Q: A fresh food company in Oman is specialized in apples distribution in Oman. Annual sales forecast is…
A: THe correct answer is
Q: ELECTIVE-2: PROBLEM-4: Transportation problem Supply and demand amounts: Unit transportation costs:…
A: Linear Programming which is also known as Linear Optimization is used to find the best possible…
Q: Indigo airlines offers coach and first class tickets.For the airlines to be in a profitab…
A: The process through which the variables that maximize or minimize linear equations are determined is…
Q: Answer the following questions based on the following Sensitivity Report. Microsoft Excel…
A: 1) According to given sensitivity report, the profit of the watermelons per acre would drop by…
Q: Lebar Daun Sdn Bhd is planning to use the economic order quantity model to determine the optimal…
A: For the following, we need to find the eoq, i.e., economic-order quantity.
Q: 40. An import/export firm has leased 20,000 cubic feet of storage space to store six items that it…
A: Given data Set up cost or ordering cost = $2000
Q: Deutchlander Machine Company (DMC) makes two types of printing presses: a four-color litho and a…
A: This question is related to the topic of decision making and this topic falls under the operations…
Q: GE a Us based company is planning to move its gas range assembly operations from US to S. Korea. It…
A: Given data Weekly demand = 450 units Standard deviation = 100 Stock probability = 0.995 Value of…
Q: Variable cells Cell Name Final Value Reduced Cost Objective Coefficient Allowable Increase…
A: The allowable increase is infinity, so the highest it can go to is infinity.
Q: The Union Street Microbrewery makes 1220 Union beer, which it bottles and sells in its…
A: Optimal order quantity=QCp, ordering/producing cost=1700Ch=carrying cost=1.25D=Annual…
Q: A fresh food company in Oman is specialized in apples distribution in Oman. Annual sales forecast is…
A: Given data: Annual Demand (D) = 4800 Order Cost (S) = OR 50 Holding Cost (H) = OR 3.5 per year For…
Q: Leather-All produces a line of handmade leather products. At the present time, the company is…
A: (a) Answer: (Using worker hours as an aggregate measure of production, the forecasted demand is…
Q: A calculator company produces a scientific calculator and a graphing calculator. Long-term…
A: Let x be the no. of scientific calculator produce and y be the no. of Graphical Calculator produce.…
nJuicy Juice manufactures different juices made entirely of various exotic nuts. Their primary market is China and they operate 3 plants located in Ethiopia, Tanzania and Nigeria. You have been asked to help them determine where to manufacture the two newest juices they offer, Gingko Nut and Kola Nut. Each plant has a different variable cost structure and capacity for manufacturing the different juices. Also each juice has an expected demand.
Cost/unit |
Gingko |
Kola |
Ethiopia |
¥21.00 |
¥22.50 |
Tanzania |
¥22.50 |
¥24.50 |
Nigeria |
¥23.00 |
¥25.50 |
Capacity |
Units/month |
Ethiopia |
425 |
Tanzania |
400 |
Nigeria |
750 |
Demand |
Units/month |
Gingko |
550 |
Kola |
450 |
How much of each juice should be made at each plant in order to minimize total cost while meeting demand and adhering to plant capacity?
Trending now
This is a popular solution!
Step by step
Solved in 2 steps with 4 images
- Located in the picturesque Berkshire Mountains of Western Massachusetts, Ski Butternut has been a family-owned, family-oriented ski destination for more than 50 years. The resort includes 22 trails for downhill skiing and snowboarding, two terrain parks for riding, and a dedicated area for snow tubing. Although Ski Butternut hosts some non-ski events during summer and fall, its business goes into high gear when snowy weather arrives, bringing skiers and riders from across Massachusetts, Connecticut, New York, and New Jersey. Matt Sawyer, Ski Butternuts director of marketing, says the primary target market has always been families with young children who are seeking affordable skiing. Everything from the snack-bar menus to the ski-shop merchandise is presented with families in mind. So that parents can have fun in the snow without worry, the resort has a Childrens Center for children who are too young to ski or have no interest. Fifth-graders are invited to ski for free when accompanied by an adult who buys an adult lift ticket. The resort also created two terrain parks for young snowboarders who were clamoring for a more exciting riding experience. Without the terrain parks, Sawyer says, these boarders would have asked their parents to take them to competing mountains in Vermont. Ski Butternuts research shows that first-timers are a particularly important segment, because they tend to have a strong allegiance to the resort where they learn to ski. First-timers typically visit the resort seven times before seeking out more challenging mountains. As a result, Ski Butternut has made teaching first-timers to ski or snowboard one of its specialties. For this market, the resort bundles ski or board rentals, lift tickets, and also offers a wide range of individual and group lessons for all ages and abilities at a value price. Because Ski Butternut has trails for different skill levels, beginners can challenge themselves by changing trails within the resort once they feel confident. Ski Butternut also targets seniors and college students. Knowing that weekends are the busiest period, the resort offers special midweek prices to attract seniors who have free time to ski on weekdays. College students are particularly value-conscious, and they often travel to ski resorts as a group. As a result, Ski Butternut offers weekend and holiday discounts to bring in large numbers of students who would otherwise ski elsewhere. Thanks to Facebook, Twitter, and other social media, students quickly spread the word about special pricing, which enhances Ski Butternuts ability to reach this key segment. In addition, the resort highlights discount pricing for families when targeting specific segments, such as scout troops, military personnel, emergency services personnel, and members of local ski clubs. Another segment Ski Butternut has selected for marketing attention is ski racers. The resort features professional coaching, lessons, and programs for ski racers in the age group of 8 to 20. Sawyer notes that these ski racers are extremely dedicated to training, which means theyre on the slopes as often as possible, a positive for the resorts attendance and revenue. To stay in touch with racers, Ski Butternut has a special website and a dedicated Facebook page. Sawyer conducts up to 1,200 customer surveys every year to better understand who his customers are and what they need. He also compares the results with skiers who visit mountains of a similar size in other areas. Digging deeper, he analyzes data drawn from the ski shops rental business to build a detailed picture of customers demographics, abilities, and preferences. Based on this research, he knows that the typical family at Ski Butternut consists of two children under age 18 who ski or ride, and at least one parent who skis. Because they can obtain so much information from and about their customers, Sawyer and his team are able to make better decisions about the marketing mix for each segment. By better matching the media with the audience, they get a better response from advertising, e-mail messages, and other marketing communications. As one example, they found that 15 percent of the visitors to Ski Butternuts website were using a smartphone to access the site. Sawyer has now created a special version of the site specifically for mobile use and created a text-message contest to engage skiers who have smartphones.16 Of the four categories of variables, which one seems to be the most central to Ski Butternuts segmentation strategy, and why?Located in the picturesque Berkshire Mountains of Western Massachusetts, Ski Butternut has been a family-owned, family-oriented ski destination for more than 50 years. The resort includes 22 trails for downhill skiing and snowboarding, two terrain parks for riding, and a dedicated area for snow tubing. Although Ski Butternut hosts some non-ski events during summer and fall, its business goes into high gear when snowy weather arrives, bringing skiers and riders from across Massachusetts, Connecticut, New York, and New Jersey. Matt Sawyer, Ski Butternuts director of marketing, says the primary target market has always been families with young children who are seeking affordable skiing. Everything from the snack-bar menus to the ski-shop merchandise is presented with families in mind. So that parents can have fun in the snow without worry, the resort has a Childrens Center for children who are too young to ski or have no interest. Fifth-graders are invited to ski for free when accompanied by an adult who buys an adult lift ticket. The resort also created two terrain parks for young snowboarders who were clamoring for a more exciting riding experience. Without the terrain parks, Sawyer says, these boarders would have asked their parents to take them to competing mountains in Vermont. Ski Butternuts research shows that first-timers are a particularly important segment, because they tend to have a strong allegiance to the resort where they learn to ski. First-timers typically visit the resort seven times before seeking out more challenging mountains. As a result, Ski Butternut has made teaching first-timers to ski or snowboard one of its specialties. For this market, the resort bundles ski or board rentals, lift tickets, and also offers a wide range of individual and group lessons for all ages and abilities at a value price. Because Ski Butternut has trails for different skill levels, beginners can challenge themselves by changing trails within the resort once they feel confident. Ski Butternut also targets seniors and college students. Knowing that weekends are the busiest period, the resort offers special midweek prices to attract seniors who have free time to ski on weekdays. College students are particularly value-conscious, and they often travel to ski resorts as a group. As a result, Ski Butternut offers weekend and holiday discounts to bring in large numbers of students who would otherwise ski elsewhere. Thanks to Facebook, Twitter, and other social media, students quickly spread the word about special pricing, which enhances Ski Butternuts ability to reach this key segment. In addition, the resort highlights discount pricing for families when targeting specific segments, such as scout troops, military personnel, emergency services personnel, and members of local ski clubs. Another segment Ski Butternut has selected for marketing attention is ski racers. The resort features professional coaching, lessons, and programs for ski racers in the age group of 8 to 20. Sawyer notes that these ski racers are extremely dedicated to training, which means theyre on the slopes as often as possible, a positive for the resorts attendance and revenue. To stay in touch with racers, Ski Butternut has a special website and a dedicated Facebook page. Sawyer conducts up to 1,200 customer surveys every year to better understand who his customers are and what they need. He also compares the results with skiers who visit mountains of a similar size in other areas. Digging deeper, he analyzes data drawn from the ski shops rental business to build a detailed picture of customers demographics, abilities, and preferences. Based on this research, he knows that the typical family at Ski Butternut consists of two children under age 18 who ski or ride, and at least one parent who skis. Because they can obtain so much information from and about their customers, Sawyer and his team are able to make better decisions about the marketing mix for each segment. By better matching the media with the audience, they get a better response from advertising, e-mail messages, and other marketing communications. As one example, they found that 15 percent of the visitors to Ski Butternuts website were using a smartphone to access the site. Sawyer has now created a special version of the site specifically for mobile use and created a text-message contest to engage skiers who have smartphones.16 What role do geographic variables play in Ski Butternuts segmentation and targeting?Located in the picturesque Berkshire Mountains of Western Massachusetts, Ski Butternut has been a family-owned, family-oriented ski destination for more than 50 years. The resort includes 22 trails for downhill skiing and snowboarding, two terrain parks for riding, and a dedicated area for snow tubing. Although Ski Butternut hosts some non-ski events during summer and fall, its business goes into high gear when snowy weather arrives, bringing skiers and riders from across Massachusetts, Connecticut, New York, and New Jersey. Matt Sawyer, Ski Butternuts director of marketing, says the primary target market has always been families with young children who are seeking affordable skiing. Everything from the snack-bar menus to the ski-shop merchandise is presented with families in mind. So that parents can have fun in the snow without worry, the resort has a Childrens Center for children who are too young to ski or have no interest. Fifth-graders are invited to ski for free when accompanied by an adult who buys an adult lift ticket. The resort also created two terrain parks for young snowboarders who were clamoring for a more exciting riding experience. Without the terrain parks, Sawyer says, these boarders would have asked their parents to take them to competing mountains in Vermont. Ski Butternuts research shows that first-timers are a particularly important segment, because they tend to have a strong allegiance to the resort where they learn to ski. First-timers typically visit the resort seven times before seeking out more challenging mountains. As a result, Ski Butternut has made teaching first-timers to ski or snowboard one of its specialties. For this market, the resort bundles ski or board rentals, lift tickets, and also offers a wide range of individual and group lessons for all ages and abilities at a value price. Because Ski Butternut has trails for different skill levels, beginners can challenge themselves by changing trails within the resort once they feel confident. Ski Butternut also targets seniors and college students. Knowing that weekends are the busiest period, the resort offers special midweek prices to attract seniors who have free time to ski on weekdays. College students are particularly value-conscious, and they often travel to ski resorts as a group. As a result, Ski Butternut offers weekend and holiday discounts to bring in large numbers of students who would otherwise ski elsewhere. Thanks to Facebook, Twitter, and other social media, students quickly spread the word about special pricing, which enhances Ski Butternuts ability to reach this key segment. In addition, the resort highlights discount pricing for families when targeting specific segments, such as scout troops, military personnel, emergency services personnel, and members of local ski clubs. Another segment Ski Butternut has selected for marketing attention is ski racers. The resort features professional coaching, lessons, and programs for ski racers in the age group of 8 to 20. Sawyer notes that these ski racers are extremely dedicated to training, which means theyre on the slopes as often as possible, a positive for the resorts attendance and revenue. To stay in touch with racers, Ski Butternut has a special website and a dedicated Facebook page. Sawyer conducts up to 1,200 customer surveys every year to better understand who his customers are and what they need. He also compares the results with skiers who visit mountains of a similar size in other areas. Digging deeper, he analyzes data drawn from the ski shops rental business to build a detailed picture of customers demographics, abilities, and preferences. Based on this research, he knows that the typical family at Ski Butternut consists of two children under age 18 who ski or ride, and at least one parent who skis. Because they can obtain so much information from and about their customers, Sawyer and his team are able to make better decisions about the marketing mix for each segment. By better matching the media with the audience, they get a better response from advertising, e-mail messages, and other marketing communications. As one example, they found that 15 percent of the visitors to Ski Butternuts website were using a smartphone to access the site. Sawyer has now created a special version of the site specifically for mobile use and created a text-message contest to engage skiers who have smartphones.16 How is Ski Butternut applying behavioristic variables in its segmentation strategy? Explain your answer.
- The Pigskin Company produces footballs. Pigskin must decide how many footballs to produce each month. The company has decided to use a six-month planning horizon. The forecasted monthly demands for the next six months are 10,000, 15,000, 30,000, 35,000, 25,000, and 10,000. Pigskin wants to meet these demands on time, knowing that it currently has 5000 footballs in inventory and that it can use a given months production to help meet the demand for that month. (For simplicity, we assume that production occurs during the month, and demand occurs at the end of the month.) During each month there is enough production capacity to produce up to 30,000 footballs, and there is enough storage capacity to store up to 10,000 footballs at the end of the month, after demand has occurred. The forecasted production costs per football for the next six months are 12.50, 12.55, 12.70, 12.80, 12.85, and 12.95, respectively. The holding cost incurred per football held in inventory at the end of any month is 5% of the production cost for that month. (This cost includes the cost of storage and also the cost of money tied up in inventory.) The selling price for footballs is not considered relevant to the production decision because Pigskin will satisfy all customer demand exactly when it occursat whatever the selling price is. Therefore. Pigskin wants to determine the production schedule that minimizes the total production and holding costs. Can you guess the results of a sensitivity analysis on the initial inventory in the Pigskin model? See if your guess is correct by using SolverTable and allowing the initial inventory to vary from 0 to 10,000 in increments of 1000. Keep track of the values in the decision variable cells and the objective cell.The Pigskin Company produces footballs. Pigskin must decide how many footballs to produce each month. The company has decided to use a six-month planning horizon. The forecasted monthly demands for the next six months are 10,000, 15,000, 30,000, 35,000, 25,000, and 10,000. Pigskin wants to meet these demands on time, knowing that it currently has 5000 footballs in inventory and that it can use a given months production to help meet the demand for that month. (For simplicity, we assume that production occurs during the month, and demand occurs at the end of the month.) During each month there is enough production capacity to produce up to 30,000 footballs, and there is enough storage capacity to store up to 10,000 footballs at the end of the month, after demand has occurred. The forecasted production costs per football for the next six months are 12.50, 12.55, 12.70, 12.80, 12.85, and 12.95, respectively. The holding cost incurred per football held in inventory at the end of any month is 5% of the production cost for that month. (This cost includes the cost of storage and also the cost of money tied up in inventory.) The selling price for footballs is not considered relevant to the production decision because Pigskin will satisfy all customer demand exactly when it occursat whatever the selling price is. Therefore. Pigskin wants to determine the production schedule that minimizes the total production and holding costs. As indicated by the algebraic formulation of the Pigskin model, there is no real need to calculate inventory on hand after production and constrain it to be greater than or equal to demand. An alternative is to calculate ending inventory directly and constrain it to be nonnegative. Modify the current spreadsheet model to do this. (Delete rows 16 and 17, and calculate ending inventory appropriately. Then add an explicit non-negativity constraint on ending inventory.)The Pigskin Company produces footballs. Pigskin must decide how many footballs to produce each month. The company has decided to use a six-month planning horizon. The forecasted monthly demands for the next six months are 10,000, 15,000, 30,000, 35,000, 25,000, and 10,000. Pigskin wants to meet these demands on time, knowing that it currently has 5000 footballs in inventory and that it can use a given months production to help meet the demand for that month. (For simplicity, we assume that production occurs during the month, and demand occurs at the end of the month.) During each month there is enough production capacity to produce up to 30,000 footballs, and there is enough storage capacity to store up to 10,000 footballs at the end of the month, after demand has occurred. The forecasted production costs per football for the next six months are 12.50, 12.55, 12.70, 12.80, 12.85, and 12.95, respectively. The holding cost incurred per football held in inventory at the end of any month is 5% of the production cost for that month. (This cost includes the cost of storage and also the cost of money tied up in inventory.) The selling price for footballs is not considered relevant to the production decision because Pigskin will satisfy all customer demand exactly when it occursat whatever the selling price is. Therefore. Pigskin wants to determine the production schedule that minimizes the total production and holding costs. Modify the Pigskin model so that there are eight months in the planning horizon. You can make up reasonable values for any extra required data. Dont forget to modify range names. Then modify the model again so that there are only four months in the planning horizon. Do either of these modifications change the optima] production quantity in month 1?
- Assume the demand for a companys drug Wozac during the current year is 50,000, and assume demand will grow at 5% a year. If the company builds a plant that can produce x units of Wozac per year, it will cost 16x. Each unit of Wozac is sold for 3. Each unit of Wozac produced incurs a variable production cost of 0.20. It costs 0.40 per year to operate a unit of capacity. Determine how large a Wozac plant the company should build to maximize its expected profit over the next 10 years.nJuicy Juice manufactures different juices made entirely of various exotic nuts. Their primary market is China and they operate 3 plants located in Ethiopia, Tanzania and Nigeria. You have been asked to help them determine where to manufacture the two newest juices they offer, Gingko Nut and Kola Nut. Each plant has a different variable cost structure and capacity for manufacturing the different juices. Also each juice has an expected demand. Cost/unit Gingko Kola Ethiopia ¥21.00 ¥22.50 Tanzania ¥22.50 ¥24.50 Nigeria ¥23.00 ¥25.50 Capacity Units/month Ethiopia 425 Tanzania 400 Nigeria 750 Demand Units/month Gingko 550 Kola 450 same exampe is used but in this case each plant has a different fixed and variable cost structur and cpacity for manufacturing the differnt Juices. the fixed cost only applies if the plant produces any juice Capacity Unit-Month Fixed…Pullman Tire Company would like to plan production for the next three months.The firm can satisfy demand by using inventory, regular production (at $40 per tire), overtime (at $50 per tire), or subcontracting (at $70 per tire). Any tires held over for one month incur a $2 per tire inventory carrying cost. Pullman Tire has sufficient regular production capacity to produce up to 700 tires each month, and it can produce up to 50 more tires each month using overtime. The subcon- tracting availability from an alternative supplier is 150 in January and February and 130 in March. Customers will demand 650 tires in January, 1,000 in Febru- ary, and 890 in March (all demand must be satisfied on time; i.e., no backorders are allowed). The firm begins with 100 tires and wants to have no tires left in inventory at the end of March. Formulate a linear program for this problem, and determine the cheapest tire production plan after solving the problem in Excel. This is the answer but I am unsure how…
- A pet daycare facility offers pet sitting services where owners can drop off their pets for training and socializing with other pets. To feed the pets, the daycare makes two types of pet food. A bag of freeze-dried nuggets costs $7.99 and contains 21 units of proteins, 4 units of fiber, and 15 units of fat. A bag of dehydrated nuggets costs $11.26 and contains 28 units of proteins, 7 units of fiber, and 20 units of fat. The minimum daily requirements are usually 200 units of protein, 75 units of fiber, and 220 units of fat. Formulate the information as an LP problem and answer the following questions. How many bags of freeze-dried nuggets and dehydrated food should the facility make each day to minimize the total cost? What is the lowest cost? Identify the binding and non-binding constraints and report the surplus values.An industrial system has two industries with the following input requirements. (a) To roduce $1.00 worth of output, Industry A requires $0.20 of its own products and $0.50 of industry B's products. (b) To produce $1.00 worth of output, industry B requires $0.40 of its own product and $0.30 of industry A's product. Find D, the input-output matrix for this system. D = ? Solve for the output matrix X in the equation X = DX + E where E is the external demand matrix E= [10,000] [20,000] (Round to the nearest whole number.)Klein Chemicals, Inc., produces a special oil-based material that is currently in short supply. Four of Klein's customers have already placed orders that together exceed the combined capacity of Klein's two plants. Klein's management faces the problem of deciding how many units it should supply to each customer. Because the four customers are in different industries, different prices can be charged because of the various industry pricing structures. However, slightly different production costs at the two plants and varying transportation costs between the plants and customers make a "sell to the highest bidder" strategy unacceptable. After considering price, production costs, and transportation costs, Klein established the following profit per unit for each plant-customer alternative. Plant Customer D1 1 D2 2 D3 3 D4 4 Clifton Springs 1 $32 $34 $32 $40 Danville 2 $34 $30 $28 $38 The plant capacities and customer orders are as follows. Plant Capacity…