julia
Supplemental Instruction (SI)
EXAMPLE WORD DOC FOR MAT540 SI provided by Professor Aungst
(students should personalize their case study using their own words/thoughts/style, this example is provided as a simple template just to get you started.
Your actual Course Professor may provide other guidance, too.)
Week 7, Assignment 3
Quantitative Methods - MAT540
Case Analysis Paper
Julia’s Food Booth
Chapter 3, page 109
Student Name
Date
Professor ____________________
Strayer University
Parameters/Background The case study involving Julia’s food booth …. (provide background and parameters very similar to an Executive Summary in a Business Report).
Julia is considering leasing a food booth outside Tech Stadium at home (6) football games.
If she clears $1000 in profit for each game she believes it will be worth leasing the booth.
$1000 per game to lease the booth
$600 to lease a warming oven
She has $1500 to purchase food for first game and will for remaining 5 games she will purchase her ingredients with money made from previous game.
Each pizza costs $6 for 8 slices which is 0.75 per slice, and she will sell it for $1.50
Each hot dog costs 0.45, and she will sell it for $1.50
Each BBQ Sandwich costs 0.90, and she will sell it for $2.25
There are Food Cost, Oven and Ratio Constraints that include:
QM assessment (Describe the Excel Solver and/or QM for Windows tool input) Pizza Slices x1 Hot Dogs x2 BBQ x3 RHS
Maximize
Food Costs = 0
Equation form (fill in coefficients, amounts, etc.)
Maximize Z (profit) = Pizza Slices 0.75x1 + Hot Dogs ___x2 + BBQ ___ x3 Food Cost Constraint: __x1 + __ x2 + __x3 = 0
Linear Programming Results (from Excel Solver and/or QM for Windows):
Optimal Value (Z) =
Ranging
Case Study Questions
A. Formulate and solve a linear programming
EXAMPLE WORD DOC FOR MAT540 SI provided by Professor Aungst
(students should personalize their case study using their own words/thoughts/style, this example is provided as a simple template just to get you started.
Your actual Course Professor may provide other guidance, too.)
Week 7, Assignment 3
Quantitative Methods - MAT540
Case Analysis Paper
Julia’s Food Booth
Chapter 3, page 109
Student Name
Date
Professor ____________________
Strayer University
Parameters/Background The case study involving Julia’s food booth …. (provide background and parameters very similar to an Executive Summary in a Business Report).
Julia is considering leasing a food booth outside Tech Stadium at home (6) football games.
If she clears $1000 in profit for each game she believes it will be worth leasing the booth.
$1000 per game to lease the booth
$600 to lease a warming oven
She has $1500 to purchase food for first game and will for remaining 5 games she will purchase her ingredients with money made from previous game.
Each pizza costs $6 for 8 slices which is 0.75 per slice, and she will sell it for $1.50
Each hot dog costs 0.45, and she will sell it for $1.50
Each BBQ Sandwich costs 0.90, and she will sell it for $2.25
There are Food Cost, Oven and Ratio Constraints that include:
QM assessment (Describe the Excel Solver and/or QM for Windows tool input) Pizza Slices x1 Hot Dogs x2 BBQ x3 RHS
Maximize
Food Costs = 0
Equation form (fill in coefficients, amounts, etc.)
Maximize Z (profit) = Pizza Slices 0.75x1 + Hot Dogs ___x2 + BBQ ___ x3 Food Cost Constraint: __x1 + __ x2 + __x3 = 0
Linear Programming Results (from Excel Solver and/or QM for Windows):
Optimal Value (Z) =
Ranging
Case Study Questions
A. Formulate and solve a linear programming