Reference no: EM13833750
ountain Laurel Vineyards produces three kinds of wineMountain Blanc, Mountain Red, and Mountain Blush. The company has 17 tons of grapes available to produce wine this season. Acask of Blanc requires 0.21 tons of grapes, a cask of Red requires 0.24 tons, and a cask of Blush requires 0.18 tons. The vineyard has enough storage space in its aging room to store 80 casks of wine.
The vineyard has 2,500 hours of production capacity, and it requires 12 hours to produce a cask of Blanc, 14.5 hours to produce a cask of Red, and 16 hours to produce a cask of Blush. From past sales the vineyard knows that demand for the Blush will be no more than half of the sales of the other two wines combined. The profit for a cask of Blanc is $7,500, the profit for a cask of Red is $8,200, and the profit for a cask of Blush is $10,500.
Formulate a linear programming model for this problem.
47. Solve the linear programming model formulated in Problem 46 for Mountain Laurel Vineyards by using the computer.
a. If the vineyard were to determine that the profit from Red was $7,600 instead of $8,200, how would that affect the optimal solution?
b. If the vineyard could secure one additional unit of any of the resources used in the production of wine, which one should it select?
c. If the vineyard could obtain 0.5 more tons of grapes, 500 more hours of production capacity, or enough storage capacity to store 4 more casks of wine, which should it choose?
|
When an offeree uses a nonauthorized means of acceptance
: Which of the following under the UCC is true about the way to communicate acceptance? A) any means deemed reasonable by the court in light of the circumstances is an authorized way of acceptance B) a means slower and safer than the way the offer was ..
|
|
Cfo predicts that the firm’s operating expenses
: Question 1 (Financial forecasting)Zapatera Enterprises is evaluating its financing requirements for the coming year. The firm has been in business for only 1 year, but its CFO predicts that the firm’s operating expenses, current assets, net fixed ass..
|
|
Compute the ending inventory
: Problem 2: Compute the ending inventory using the perpetual inventory method for both LIFO and FIFO below:
|
|
Formulate a linear programming model
: Formulate a linear programming model
|
|
Weaknesses of the criminal behavior theories
: Identify the strengths and weaknesses of the criminal behavior theories. Which theory do you think is most applicable to the cause of criminal behavior today and why? Support your answer
|
|
Calculate the angular magnification of the telescope
: calculate the angular magnification of the telescope
|
|
Public accounting
: Seven years ago, after 15 years in public accounting, Stanley Booker, CPA, resigned his position as manager of cost systems for Davis, Cohen, and O?Brien Public Accountants and started Track Software, Inc. In the 2 years preceding his departure from ..
|
|
What can be said about the generalization issue
: Due to a strong campaign, some banks reached a response rate of over 60%, while others hardly reached 20%. To what extent did this bias the reliability of the results? What can be said about the generalization issue?
|