Explaining the sensitivity information

Assignment Help Engineering Mathematics
Reference no: EM13960554

The international Chef, Inc markets three blends of oriental tea: premium, Duke Grey and Breakfast. THe firm uses tea leaves from India, China, and new domestic California sources. Net profit per pound for each blend is $.50 for premium, $.30 for Duke Grey, and $.20 forbreakfast. The firmsregular weekly supplies are 20,000 pounds of Indian tea leaves, 22,000 pounds of chinese tea leaves, and 16,000 pounds of california tea leaves. Develop and solve a linear optimization model to determine the optimal mix to maximize profit and write a short memo to the president Kathy Chung explaining the sensitivity information in language that she can understand.

Tea Leaves Percent
Indian Chinese California
Quality
Premium 40.00% 20.00% 20.00%
Duke Grey 20.00% 30.00% 40.00%
Breakfast 40.00% 40.00% 40.00%

Reference no: EM13960554

Questions Cloud

List a possible cause for each variance : Calculate material, labor, and overhead variances. List a possible cause for each variance.
Find the expected value of this measure of productivity. : Employee I has a higher productivity rating than employee II, and a measure of the total productivity of the pair of employees is
Probability that no sampled computers have the defect : What are the expected value and standard deviation of the number of computers in the sample that have the defect?
Explain how the allocation process can make a fixed cost : Explain how the allocation process can make a fixed cost appear variable, leading to a poor decision.
Explaining the sensitivity information : Develop and solve a linear optimization model to determine the optimal mix to maximize profit and write a short memo to the president Kathy Chung explaining the sensitivity information in language that she can understand.
Prepare the scope and objectives of the risk management : Prepare the Scope and Objectives of the Risk Management Process section of the Risk Management Plan based on the facts presented in the case study.
What is the cost in the united states of an elkhead beer : Assuming absolute PPP holds, what is the cost in the United States of an Elkhead beer if the price in Canada is Can $2.55? (Round your answer to 3 decimal places.
Draw a circuit diagram plus voltage and current waveforms : Draw a circuit diagram plus voltage and current waveforms, to illustrate how the speed of a permanent magnet dc motor may be controlled from a dc supply using a chopper drive - Calculate the minimum line voltage required to operate the motor at its..
Modifications of the tatham capital budgeting model : Need LP tutorial help involving optimization and the use of Solver. Solve the following modifications of the Tatham Capital Budgeting model (solve each part independently of the others)

Reviews

Write a Review

Engineering Mathematics Questions & Answers

  Prime number theorem

Dirichlet series

  Proof of bolzano-weierstrass to prove the intermediate value

Every convergent sequence contains either an increasing, or a decreasing subsequence.

  Antisymmetric relations

How many relations on A are both symmetric and antisymmetric?

  Distributed random variables

Daily Airlines fies from Amsterdam to London every day. The price of a ticket for this extremely popular flight route is $75. The aircraft has a passenger capacity of 150.

  Prepare a system of equations

How much money will Dave and Jane raise for charity

  Managing ashland multicomm services

This question is asking you to compare the likelihood of your getting 4 or more subscribers in a sample of 50 when the probability of a subscription has risen from 0.02 to 0.06.]  Talk about the comparison of probabilities in your explanation.

  Skew-symmetric matrices

Skew-symmetric matrices

  Type of taxes and rates in spokane wa

Describe the different type of taxes and their rates in Spokane WA.

  Stratified random sample

Suppose that in the four player game, the person who rolls the smallest number pays $5.00 to the person who rolls the largest number. Calculate each player's expected gain after one round.

  Find the probability density function

Find the probability density function.

  Develop a new linear programming for an aggregate production

Linear programming applied to Aggregate Production Planning of Flat Screen Monitor

  Discrete-time model for an economy

Discrete-time model for an economy

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd