Thompson Company is a large manufacturer and distributor of cake supplies. It is based in Chicago (Headquarters) and Trinidad. It sends supplies to firms throughout the United States and the United Kingdom . It markets its supplies through periodic mass mailings of catalogues to those firms. Its clients can make orders over the phone and Thompson ships the supplies upon demand. The main competition for Duncan’s in the United States comes from one U.S. firm and one Canadian firm. A British firm has a small share of the U.S. market but is at a disadvantage because of its distance. The British firm’s marketing and transportation costs in the U.S. market are relatively high. a) Thompson Company plans to penetrate either the Canadian market or two other Caribbean Countries (Jamaica and Haiti). What factors deserve to be considered in deciding which market is more feasible?
Q: actions that Loblaws could take to address its labour shortage
A: The concern with a labor force skills scarcity is something that’s worrying firms across the world.…
Q: The New England produces two cheese spread by blending mild cheddar cheese with extra sharp cheddar…
A: Consider X and Y represents regular cheese and zesty cheese quantitySo,Sales revenue
Q: A truck must travel from New York to Los Angeles. As shown in Figure 5.44, several routes are…
A: New York St. Louis Phoenix Los Angeles
Q: The New England Cheese Company produces two cheese spreads by blending mild cheddar cheese with…
A: WE ARE ALLOWED TO DO THE FIRST THREE SUB-PARTS ONLY. THE ANSWER IS AS BELOW:
Q: A distribution system consists of three factories, three regional warehouses, and four retailers.…
A: Find the Given details below: Given details: Warehouse 1 Warehouse 2 Warehouse 3 Production…
Q: Kellpost Cereal Company sells four products: (1) Special L (a low-calorie, high-nutrition cereal);…
A: Given that: Cereal Data Historical Data Price Sales Month Special L…
Q: The owner of a machine shop is planning to expand by purchasing some new machines—presses and…
A: Since you have submitted a question with multiple subparts, as per guidelines we have answered the…
Q: Aling Milling, a fruit trader, sells fruits to shoppers in Manila, Quezon City, and Caloocan City.…
A: Transportation is a major business function for every industry. Managers should devise the best…
Q: The New England Cheese Company produces two cheese spreads by blending mild cheddar cheese with…
A: In this question, some values are given in container unit and some values are given in ounce unit.…
Q: Island Publishing Company publishes two types of magazines on a monthly basis: a restaurant and…
A: .CASE 1. Let, No. of restaurant and entertainment guide = X No. of real estate guide. = Y Maximize…
Q: State University must purchase 1,100 computers fromthree vendors. Vendor 1 charges $500 per computer…
A: Vendors 1 charges = $500 per computer Delivery charges = $ 5000 Vender 1 charge = $350 per…
Q: The town of Lexington purchases gasoline from three vendors to fuel its fleet of municipal vehicles.…
A: There will be a requirement to add a dummy variable to balance supply and demand
Q: TRANSPORTATION Deluxe River Cruises operates a fleet of river vessels. The fleet has two types of…
A:
Q: Fred Block Company has orders for 90 tons of concrete blocks at three suburban locations as follows:…
A: Given data: Delivery Cost Per Ton…
Q: The Morton Supply Company produces clothing, footwear, and accessories for dancing and gymnas-tics.…
A: A) The decision variable are: Number of Model 1 pointe shoes Number of Model 2 pointe shoes Number…
Q: Kellpost Cereal Company sells four products: (1) Special L (a low-calorie, high-nutrition cereal);…
A: Linear programming, often known as linear optimization, is a method for obtaining the best result…
Q: 1. True/False A company wants to hire 4 vendors for the sale of 4 products, they could only sell one…
A: Since you have submitted a question with multiple subparts, as per guidelines we have answered the…
Q: The owner of a machine shop is planning to expand by purchasing some new machines—presses and…
A: Objective Functions and Constraints: Based on the given details, the objective…
Q: Madison Company is a large manufacturer and distributor of cake supplies. It is based in Chicago…
A: Business organizations need to have an appropriate market entry strategy before entering a new…
Q: State University must purchase 1,100 computers from three vendors. Vendor 1 charges $500 per…
A: Integer programming: Integer programming represents the optimization of a linear function directed…
Q: INSTRUCTIONS: Solve for the optimal distribution and cost of transportation using the given problem…
A: Project A Project B Project C Project D Supply Depot1 5 7 3 4 120000 Depot2 8 6 8 8…
Q: A refinery manufactures two grades of jet fuel, Fl and F2, by blending four types of gasoline, A. B,…
A: Let, Function of objective = Total profit on selling is F1 and F2 Cost of A = $120 per barrel Cost…
Q: Determine the solution space and the optimum solution of the Reddy Mills model for each of the…
A: To acquire the arrangement space, first, register the conditions for the given free changes. The…
Q: Island Publishing Company publishes two types of magazines on a monthly basis: a restaurant and…
A: Given data is, Revenue generation by each restaurant and entertainment guide = $0.50 Revenue…
Q: Tupperware Brands Corporation has 1200 units of microwaveable bowls in stock at northern factory and…
A: Output
Q: Consider the following network representation of a transportation problem: 20 30 Jefferson City…
A: Find the Given details below: Transportation table From To Des Moines Kansas City St. Louis…
Q: The John Adams Brewing Company has breweries in three cities; the breweries can supply the following…
A: Given Information: Since the supply and demand are not balanced, a dummy variable needs to be…
Q: Fairway Inc. makes custom golf clubs. They are manufactured in 3 plants in Denver, Phoenix, and…
A: Given that: Plants Sacramento Salt Lake Chicago Albeq New York Denver $10 $8 $6 $5 $4…
Q: Consider the following network representation of a transportation problem: The supplies, demands,…
A:
Q: IT Computer Services assembles its own brand of per-sonal computers from component parts it…
A: Xi denotes the number of units produced in regular production in week i Yi denotes the number of…
Q: The Gutuchi Company manufactures purses, shaving bags and backpacks. The construction includes…
A: The amount of money a firm brings in or earns before any expenses are deducted is known as revenue,…
Q: Formulate an LP whose objective is to maximize the net profit from the sale of the sauces.
A: Linear programming refers to the procedure through which linear equations can be used in the…
Q: Reddy Mikks produces both interior and exterior paints from two raw materials, M1 and M2. The…
A: Given that, Raw material- exterior- 6,1 Raw materia- Interior- 4,2 Profit- 5,4 Availability- 24,6
Q: Road Runner Co is a Pakistani manufacturer making Bicycles. It exports to two markets, Bangladesh…
A:
Q: The optimal solution to the original Grand Prix problem indicates that with a unit shipping cost of…
A: SolverTable is used to determine how much the cost for shipping must decrease for units to start be…
Q: The Rainwater Brewery produces beer, which it sells to distributors in barrels. The brewery incurs a…
A: Given data is, Monthly fixed cost = $12,000 Variable cost = $17/barrel Maximize Z = vp - $12,000 -…
Q: Consider the following network representation of a transportation problem: Des Moines 475 266…
A: Network representation procuring intends to implant the vertexes in an organization into…
Q: The owner of a machine shop is planning to expand by purchasing some new machines—presses and…
A: Objective Functions and Constraints: Based on the given details, the objective…
Q: A product is produced by four factories F1, F2, F3, and F4. Their production capacities are: F1:47…
A: Please follow the attachment below for the answer:
Q: Volvo Logistics handles shipping for Volvo Trucks NorthAmerica from two Factories. One of these…
A:
Q: From our manufacturing plant in Montreal we can supply 800 tons per month of our product at a price…
A: Given that: For part (a) For part (b)
Q: I need a detailed explanation and assistance to solve this problem: FruitNuts is a store that sells…
A: Given information: ItemSupply(pounds)dried bananas800dried apricots600coconut…
Q: Madison Company is a large manufacturer and distributor of cake supplies. It is based in Chicago…
A: All business have an objective of making expansion in markets outside domestic areas. It is because…
Q: Island Publishing Company publishes two types of magazines on a monthly basis: a restaurant and…
A: From the given data: Revenue generation by each restaurant and entertainment guide = $0.50 Revenue…
Q: A company manufactures a product at its plants in C and D; then ships the product to its four…
A: Given data is
Q: Oranges are grown, picked, and then processed and pack-aged at distribution centers in Tampa, Miami,…
A:
Q: Each day, northern, central, and southern California use 120, 140, and 160 billion gallons of water…
A: The transportation problem is a special kind of linear programming problem where the goal is to…
Q: Two plants supply three customers with medical supplies. The unit costs of shipping from the plants…
A: Given data is
Q: Joyce and Marvin run a day care for preschoolers. They are trying to decide what to feed the…
A: B= Number of bread (Slices) P = Quantity of peanut butter (Tablespoons) S=Quantity of strawberry…
Thompson Company is a large manufacturer and distributor of cake supplies. It is based in Chicago (Headquarters) and Trinidad. It sends supplies to firms throughout the United States and the United Kingdom . It markets its supplies through periodic mass mailings of catalogues to those firms. Its clients can make orders over the phone and Thompson ships the supplies upon demand. The main competition for Duncan’s in the United States comes from one U.S. firm and one Canadian firm. A British firm has a small share of the U.S. market but is at a disadvantage because of its distance. The British firm’s marketing and transportation costs in the U.S. market are relatively high.
a) Thompson Company plans to penetrate either the Canadian market or two other Caribbean Countries (Jamaica and Haiti). What factors deserve to be considered in deciding which market is more feasible?
Step by step
Solved in 2 steps
- Seas Beginning sells clothing by mail order. An important question is when to strike a customer from the companys mailing list. At present, the company strikes a customer from its mailing list if a customer fails to order from six consecutive catalogs. The company wants to know whether striking a customer from its list after a customer fails to order from four consecutive catalogs results in a higher profit per customer. The following data are available: If a customer placed an order the last time she received a catalog, then there is a 20% chance she will order from the next catalog. If a customer last placed an order one catalog ago, there is a 16% chance she will order from the next catalog she receives. If a customer last placed an order two catalogs ago, there is a 12% chance she will order from the next catalog she receives. If a customer last placed an order three catalogs ago, there is an 8% chance she will order from the next catalog she receives. If a customer last placed an order four catalogs ago, there is a 4% chance she will order from the next catalog she receives. If a customer last placed an order five catalogs ago, there is a 2% chance she will order from the next catalog she receives. It costs 2 to send a catalog, and the average profit per order is 30. Assume a customer has just placed an order. To maximize expected profit per customer, would Seas Beginning make more money canceling such a customer after six nonorders or four nonorders?The New England Cheese Company produces two cheese spreads by blending mild cheddar cheese with extra sharp cheddar cheese. The cheese spreads are packaged in 12-ounce containers, which are then sold to distributors throughout the Northeast. The Regular blend contains 75% mild cheddar and 25% extra sharp, and the Zesty blend contains 70% mild cheddar and 30% extra sharp. This year, a local dairy cooperative offered to provide up to 8500 pounds of mild cheddar cheese for $1.40 per pound and up to 2700 pounds of extra sharp cheddar cheese for $1.60 per pound. The cost to blend and package the cheese spreads, excluding the cost of the cheese, is $0.40 per container. If each container of Regular is sold for $2.20 and each container of Zesty is sold for $2.00, how many containers of Regular and Zesty should New England Cheese produce? Do not round your interim computations. If required, round your answers to the nearest whole number. Let R = number of containers of Regular Z =…The New England Cheese Company produces two cheese spreads by blending mild cheddar cheese with extra sharp cheddar cheese. The cheese spreads are packaged in 12-ounce containers, which are then sold to distributors throughout the Northeast. The Regular blend contains 80% mild cheddar and 20% extra sharp, and the Zesty blend contains 60% mild cheddar and 40% extra sharp. This year, a local dairy cooperative offered to provide up to 7,980 pounds of mild cheddar cheese for $1.20 per pound and up to 2,970 pounds of extra sharp cheddar cheese for $1.40 per pound. The cost to blend and package the cheese spreads, excluding the cost of the cheese, is $0.20 per container. If each container of Regular is sold for $1.90 and each container of Zesty is sold for $2.20, how many containers of Regular and Zesty should New England Cheese produce? *This is a Linear Programming problem, can you show me how to find the constraints and solve*
- Island Publishing Company publishes two types of magazines on a monthly basis: a restaurant and entertainment guide and a real estate guide. The company distributes the magazines free to businesses, hotels, and stores on Hilton Head Island in South Carolina. The company’s profits come exclusively from the paid advertising in the magazines. Each of the restaurant and entertainment guides distributed generates $0.50 per magazine in advertising revenue, whereas the real estate guide generates $0.75 per magazine. The real estate magazine is a more sophisticated publication that includes color photos, and accordingly, it costs $0.25 per magazine to print, compared with only $0.17 for the restaurant and entertainment guide. The publishing company has a printing budget of$4,000 per month. There is enough rack space to distribute at most 18,000 magazines each month. In order to entice businesses to place advertisements, Island Publishing promises to distribute at least 8,000 copies of each…Island Publishing Company publishes two types of magazines on a monthly basis: a restaurant and entertainment guide and a real estate guide. The company distributes the magazines free to businesses, hotels, and stores on Hilton Head Island in South Carolina. The company's profits come exclusively from the paid advertising in the magazines. Each of the restaurant and entertainment guides distributed generates $0.50 per magazine in advertising revenue, whereas the real estate guide generates $0.75 per magazine. The real estate magazine is a more sophisticated publication that includes color photos, and accordingly it costs $0.25 per magazine to print, compared with only $0.17 for the restaurant and entertainment guide. The publishing company has a printing budget of $4,000 per month. There is enough rack space to distribute at most 18,000 magazines each month. In order to entice businesses to place advertisements, Island Publishing promises to distribute at least 8,000 copies of each…he New England Cheese Company produces two cheese spreads by blending mild cheddar cheese with extra sharp cheddar cheese. The cheese spreads are packaged in 12-ounce containers, which are then sold to distributors throughout the Northeast. The Regular blend contains 80% mild cheddar and 20% extra sharp, and the Zesty blend contains 60% mild cheddar and 40% extra sharp. This year, a local dairy cooperative offered to provide up to 8,010 pounds of mild cheddar cheese for $1.20 per pound and up to 3,015 pounds of extra sharp cheddar cheese for $1.40 per pound. The cost to blend and package the cheese spreads, excluding the cost of the cheese, is $0.20 per container. If each container of Regular is sold for $1.95 and each container of Zesty is sold for $2.25, how many containers of Regular and Zesty should New England Cheese produce? Regular Zesty Note:- Do not provide handwritten solution. Maintain accuracy and quality in your answer. Take care of plagiarism. Answer completely. You will…
- Edwards Manufacturing Company purchases two component parts from three different suppliers. The suppliers have limited capacity, and no one supplier can meet all the company’s needs. In addition, the suppliers charge different prices for the components. Component price data (in price per unit) are as follows: Supplier Component 1 2 3 1 $12 $12 $15 2 $11 $10 $12 Each supplier has a limited capacity in terms of the total number of components it can supply. However, as long as Edwards provides sufficient advance orders, each supplier can devote its capacity to component 1, component 2, or any combination of the two components, if the total number of units ordered is within its capacity. Supplier capacities are as follows: Supplier 1 2 3 Capacity 575 950 800 If the Edwards production plan for the next period includes 1050 units of component 1 and 775 units of component 2, what purchases do you recommend? That is, how many units of each component should be…Fairway Inc. makes custom golf clubs. They are manufactured in 3 plants in Denver, Phoenix, and Dallas. They are then shipped to distribution centers in Sacramento, Salt Lake, Chicago, Albuquerque, and New York. Since shipping costs are a major expense, management requires an analysis to determine the optimal shipping routes and quantities shipped along those routes. Each plant has a maximum production capacity and each distribution center has a demand that must be satisfied. You must determine how many clubs to send along each route, staying within plant capacity, meeting demand, for the lowest total shipping cost. Shipping Costs per route Plants Sacramento Salt Lake Chicago Albeq New York Capacity Denver $10 $8 $6 $5 $4 310 Phoenix $6 $5 $4 $3 $6 260 Dallas $3 $4 $5 $5 $9 280 Demand 180 80 200 160 220 Number to ship from plant to warehouse: Plants Sacramento Salt Lake Chicago Albeq New York Total Shipped Denver Phoenix…Island Publishing Company publishes two types of magazines on a monthly basis: a restaurant and entertainment guide and a real estate guide.The company distributes the magazines free to businesses, hotels, and stores on Hilton Head Island in South Carolina. The company's profitscome exclusively from the paid advertising in the magazines. Each of the restaurant and entertainment guides distributed generates $0.50 permagazine in advertising revenue, whereas the real estate guide generates $0.75 per magazine. The real estate magazine is a more sophisticatedpublication that includes color photos, and accordingly it costs $0.25 per magazine to print, compared with only $0.17 for the restaurant andentertainment guide. The publishing company has a printing budget of $4,000 per month. There is enough rack space to distribute at most 18,000magazines each month. In order to entice businesses to place advertisements, Island Publishing promises to distribute at least 8,000 copies ofeach magazine.…
- Scala Oil has the following information available regarding its three divisions: production, transportation and refining: Production (crude oil) Transportation (Crude oil) Refining (petrol) Variable costs: $2/barrel (of oil) Variable costs: $1/barrel Variable costs: $8/barrel Fixed costs: $6/barrel Full Cost: $8/barrel Fixed costs: $3/barrel Full Cost: $4/barrel Fixed costs: $6/barrel Full Cost: $14/barrel The division sells to the transport division. The external market will pay $13 a barrel. The division buys from the production division and sells to the refining division; the market price is $18 a barrel The external market will pay $52 a barrel.It refines at a rate of 2 barrels of crude oil to 1 barrel of petrol. a For an output of 100 barrels of crude oil, produce profit statements indicating revenues, total costs including transferred in costs and profits for each division using: iii) negotiated prices (from production to transport at $10 a…Road Runner Co is a Pakistani manufacturer making Bicycles. It exports to two markets, Bangladesh and Sri Lanka. Demand for Bicycles in these two markets is given by the following Functions: Bangladesh Q1 = 12 – P1 Sri Lanka Q2 = 8 – P2 Where Q1 and Q2 are respective quantities sold (in thousands) andP1 and P2 are the respective prices (in Pak. Rupees per unit) in the two markets. Total cost function is C = 5 + 2 (Q1+ Q2) a) Determine the company’s total profit function. Also, (i) What are the profit maximizing levels of price and output for the two markets? (ii) Calculate the marginal revenues in each market. b) Now consider two cases: (i) Company is effectively able to price discriminate in the two markets. What will be the total profits? (ii) Suppose the company does not engage in price discrimination. By charging the same price in the two markets what are the profit maximizing levels of price, output, and the total profits?…The New England produces two cheese spread by blending mild cheddar cheese with extra sharp cheddar cheese. These cheese spreads are packages in 12-ounce containers, which are then sold to distributors throughout the Northeast. The regular blend contains 80% mild cheddar and 20% extra sharp, and Zest blend contains 60% mild cheddar and 40% extra sharp. This year, a local dairy cooperative offered to provide up to 8100 pounds of mid cheddar cheese for $1.20 per pound and up to 3000 pounds of extra sharp cheddar cheese for $1.40 per pound. The cost to blend and package the cheese spreads, excluding the cost of the cheese, is $0.20 per container. If each container of Zesty is sold for $2.20, how many containers o Regular and Zesty should New England Cheese produce?