Julia’s Food Booth Case Problem MAT 540- Quantitative Methods February 23‚ 2013 (A) Formulate and solve an L.P. model for this case. The following variables were be used: X1 = Slices of Pizza X2 = Hot Dogs X3 = BBQ Sandwiches The objective is to maximize profit. maximize Z= 0 .75X1+1.05X2+1.35X3 Subject to: 0.75X1+1.05X2+1.35X3≤1‚500 (Budget) 24X1+16X2+25X3≤55‚296in2 (Oven Space) X1≥X2+X3 X2X3≥2.0 X1‚ X2‚ X3≥0 (B) Evaluate the prospect of borrowing money before the first
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will result in penalization by point deduction. Also‚ you should try to use recent and updated references instead of old ones. Elite Food Services Case Study Elite limited is a retail company‚ a major retail establishment in Australia. It has established major store throughout these countries having a wide array of consumer product lines from food to non-food‚ liquor‚ grocery items‚ electronics‚ general merchandise and many others. Elite is committed to helping sustain the communities that support
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Julia’s Food Booth Case Problem Assignment 3 Max Z =Profit1x1+ Profit2x2+ Profit3x3 A - Formulation of the LP model x1 - number of pizza slice x2 - number of hot dogs x3 - number of barbecue sandwiches Constraints Cost Maximum fund available for food = $1500 Cost per pizza $6 ÷08 (slices) = $0.75 Cost for a hot dog = $0.45 Cost for a barbecue sandwich = $0.90 Constraint: 0.75x1+0.45x2+0.90x3 ≤1500 Oven space Space available 16.3.4.2 = 384ft^2 384
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CAMBRIDGE SOFTWARE CORPORATION CASE QUESTION 1: IF CAMBRIDGE SOFTWARE IS OBLIGED TO LAUNCH JUST ONE PRODUCT‚ WHICH ONE SHOULD IT BE‚ AND HOW SHOULD IT BE PRICED? For every single version‚ we have calculated the total contribution for each price that segments are willing to pay‚ and chosen the price that can maximize the total contribution. SELL ONLY "STUDENT" VERSION Price Segments unit cost Unit Contribution Seg. Dev. Costs Demand Total Contribution $200 Consultants $15
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vested interest‚ one such example is food. Science has been tinkering with nature for the past one-hundred years trying to come up with solutions to help fight famine‚ and as a result‚ man made products have created ever more problems. The easiest way in which an individual or individuals can create change is to effect change in their local communities‚ so others can see an image of what the world could be. In my local area of Peoria County the topic of food is major problem and all of the issues
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CEO Assignment #1 Bank Analysis - Decomposition of ROE FIN 420 – Bank Management Summary: Utilizing data contained within the Uniform Bank Performance Report (UBPR) of a local bank‚ decompose the company’s 12/31/11 financial performance as well as information for its peer group. Analyze the results. Available Banks: Bank of Holland Grand River Bank Mercantile Bank Macatawa Bank Format: Part #1 – Obtaining Information
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alternative microbial and plant sources. 3. The third topic is dealing with improving the stability and bioavailability of the natural pigments. So far‚ limited natural food pigment additives are commercially available in the market. Such limitation is due to the lack of stability. 4. The fourth group is evaluating the effect of different food processing parameters on the pigments. 5. Finally and most commonly is evaluating the health and nutraceutical effects associated with the consumption of the natural
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in American Foods Company in handling the data and other information that concerns mainly in their operation. We have gathered some points to help determine and empower the efforts of the organization in handling data. Company Background The American Foods Company makes and sells well known brands of breakfast cereals‚ baking mixes‚ flour‚ prepared dough‚ frozen and canned vegetables‚ ice cream‚ frozen foods and various commodities and feed ingredients. The American Foods order entry system
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In order to improve their net income‚ Flores has suggested three options as follows. Option 1 is to increase the price to $1‚000 per hour while reduce demand by 30%; option 2 is to reduce the price to $600 per hour while increase demand by 30%; option 3 is to increase revenue hours by up to 30% through increasing their promotion cost. Each option will affect net income in the following ways: For option 1: Profit 1 = 205 hours * $400 per hour + $1‚000 per hour * (138 * 70%) hours – total hours
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ImageFirst Signs is a custom signage manufacturer located in Grinnell‚ Iowa. ImageFirst Signs offers a wide variety of expertise including: design‚ fiberglass signs‚ prototype‚ as well as project management‚ and site survey and installation. The purpose of this project is to reallocate the space in their facility‚ to help accommodate the high volume production they experience for most of the year. Their facility is experiencing a lack of space because of the continuous need for staging areas‚ shelving
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