Reference no: EM131049918
Assignment
Mary Custard's is a pie shop that specializes in custard and fruit pies. It makes delicious pies and sells them at reasonable prices so that it can sell all the pies it makes in a day. Every dozen custard pies nets Mary Custard's $15 and requires 12 pounds of flour, 50 eggs, 5 pounds of sugar and no frut mixture. Every dozen fruit pies nets a $25 profit and uses 10 pounds of flour, 40 eggs, 10 pounds of sugar, and 15 pounds of fruit mixture.
On a given day, the bakers at Mary Custard's found that they had 150 pounds of flour, 500 eggs, 90 pounds of sugar, and 120 pounds of fruit mixture with which to make pies.
a. Formulate and solve a linear program that will give the optimal production schedule of pies for the day.
b. If Mary Custard's could double its profit on custard pies, should more custard pies be produced? Explain.
c. If Mary Custard's raised the price (and hence the profit) on all pies by $0.25 ($3 per dozen), would the optimal production schedule for the day change? Would the profit change?
d. Suppose Mary Custard's found that 10% of its fruit mixture had been stored in containers that were not air-tight. For quality and health reasons, it decided that it would be unwise to use any of this portion of the fruit mixture. How would this affect the optimal production schedule? Explain.
e. Mary Custard's currently pays $2.50 for a five pound bag of sugar from its bakery supply vendor.(The $0.50 per pound price of sugar is included in the unit profits given earlier.) Its vendor has already made its deliveries for the day. If Mary Custard's wishes to purchase additional sugar, it must buy it from Donatelli's Market, a small local independent grocery store that sells sugar in one-pound boxes for $2.25 a box. Should Mary Custard's purchase any boxes of sugar from Donatelli's Market? Explain.
|
Organizational attitudes and ethics
: Analyze and discuss how organizational attitudes and ethics can play a role in your success or failure.
|
|
Discuss the japanese work ethic
: Discuss the Japanese work ethic. Is this comparable to the American work ethic? Japanese corporations typically involve many more organizational levels and people in the development of implementation plans than do U.S. corporations. Is this ap..
|
|
Effective and ineffective communication
: Think about your own experiences with both effective and ineffective communication, and select one (1) example of each to analyze.
|
|
Recommendations for marketing
: Describe how the product will do in this new environment, with at least two (2) supporting facts. Describe at least two (2) recommendations for marketing (steps the company should take immediately and those it should develop later).
|
|
Boxes of sugar from donatelli market
: If Mary Custard's wishes to purchase additional sugar, it must buy it from Donatelli's Market, a small local independent grocery store that sells sugar in one-pound boxes for $2.25 a box. Should Mary Custard's purchase any boxes of sugar from Do..
|
|
Questions constitute a structured interview
: A researcher has been requested by a national day care provider to survey a sample of parents who use their centres to determine their satisfaction/dissatisfaction with the provision of day care. The following questions are included:
|
|
What are the issues of the case
: What are the issues of the case - How did they occur and why; what is the motivational issue?
|
|
What is the current value of his retirement fund
: Trevor Hancock has just retired. He has set aside enough money in his retirement fund to be able to withdraw $15,000 per year for 20 years during retirement. If his fund earns 6% interest annually, what is the current value of his retirement fund?
|
|
Vertical measuring stick marked in centimeters
: A typical tank is shaped like a right circular cylinder of radius r and length L, mounted horizontally, as shown in the accompanying figure. The data come to the accounting office as depth measurements taken with a vertical measuring stick marked ..
|