Zokit Industries (ZI) is a New York City based company that manufactures and distributes Turkish Delight to grocery chains in New York and New Jersey. The product line includes two main flavors: Ortaköy (O) and Beyoglu (B). Each flavor is sold in standard 10 oz. boxes. The table below shows ZI’s profit contribution from each flavor (in $ per box). Flavor Profit per box ($) O 5 B 5.3 Given the relatively small size of the market for Turkish delight, ZI cannot sell more than 250 boxes of Ortaköy, and more than 400 boxes of Beyoglu in the coming week. Both flavors use the following set of main ingredients with limited supply: starch, sugar, and fruit juice. Each flavor also uses other ingredients, such as gelatin, pectin, etc., but ZI has an essentially unlimited supply of those ingredients. For the coming week, the amounts of the three main ingredients the company has in storage are as follows: Ingredient Availability Starch 150 lbs Sugar 130 lbs Fruit juice 15 gallons The Ortaköy and Beyoglu flavors use the following amounts of the main ingredients (per box): Flavor Starch (lbs) Sugar (lbs) Fruit juice (gallons) O 0.1 0.05 0.03 B 0.3 0.1 0.02 The company needs to decide how many boxes of each flavor to make during the coming week to maximize its weekly profit without exceeding the availabilities of the ingredients or the size of the Turkish delight market. Let NO be a decision variable that expresses the number of boxes of the Ortaköy flavor to make during the coming week, and let NB be a decision variable that expresses the number of boxes of the Beyoglu flavor to make during the coming week. Suppose that ZI decides to make 250 boxes of Ortaköy and 350 boxes of Beyoglu. What is the weekly profit that it will earn?
Critical Path Method
The critical path is the longest succession of tasks that has to be successfully completed to conclude a project entirely. The tasks involved in the sequence are called critical activities, as any task getting delayed will result in the whole project getting delayed. To determine the time duration of a project, the critical path has to be identified. The critical path method or CPM is used by project managers to evaluate the least amount of time required to finish each task with the least amount of delay.
Cost Analysis
The entire idea of cost of production or definition of production cost is applied corresponding or we can say that it is related to investment or money cost. Money cost or investment refers to any money expenditure which the firm or supplier or producer undertakes in purchasing or hiring factor of production or factor services.
Inventory Management
Inventory management is the process or system of handling all the goods that an organization owns. In simpler terms, inventory management deals with how a company orders, stores, and uses its goods.
Project Management
Project Management is all about management and optimum utilization of the resources in the best possible manner to develop the software as per the requirement of the client. Here the Project refers to the development of software to meet the end objective of the client by providing the required product or service within a specified Period of time and ensuring high quality. This can be done by managing all the available resources. In short, it can be defined as an application of knowledge, skills, tools, and techniques to meet the objective of the Project. It is the duty of a Project Manager to achieve the objective of the Project as per the specifications given by the client.
Zokit Industries (ZI) is a New York City based company that manufactures and distributes Turkish Delight to grocery chains in New York and New Jersey. The product line includes two main flavors: Ortaköy (O) and Beyoglu (B). Each flavor is sold in standard 10 oz. boxes. The table below shows ZI’s profit contribution from each flavor (in $ per box).
| Flavor | Profit per box ($) |
| O | 5 |
| B | 5.3 |
Given the relatively small size of the market for Turkish delight, ZI cannot sell more than 250 boxes of Ortaköy, and more than 400 boxes of Beyoglu in the coming week.
Both flavors use the following set of main ingredients with limited supply: starch, sugar, and fruit juice. Each flavor also uses other ingredients, such as gelatin, pectin, etc., but ZI has an essentially unlimited supply of those ingredients. For the coming week, the amounts of the three main ingredients the company has in storage are as follows:
| Ingredient | Availability |
| Starch | 150 lbs |
| Sugar | 130 lbs |
| Fruit juice | 15 gallons |
The Ortaköy and Beyoglu flavors use the following amounts of the main ingredients (per box):
| Flavor | Starch (lbs) | Sugar (lbs) | Fruit juice (gallons) |
| O | 0.1 | 0.05 | 0.03 |
| B | 0.3 | 0.1 | 0.02 |
The company needs to decide how many boxes of each flavor to make during the coming week to maximize its weekly profit without exceeding the availabilities of the ingredients or the size of the Turkish delight market.
Let NO be a decision variable that expresses the number of boxes of the Ortaköy flavor to make during the coming week, and let NB be a decision variable that expresses the number of boxes of the Beyoglu flavor to make during the coming week.
Suppose that ZI decides to make 250 boxes of Ortaköy and 350 boxes of Beyoglu. What is the weekly profit that it will earn?
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