How many of each brand to stock in order to maximize profit

Assignment Help HR Management

Reference no: EM131441408

The Food Max Grocery Store sell three brands of milk in half-gallon cartons-its own brand, a local dairy brand and a national brand. The profit of its own brand is 97c, from the local 83c and from the national brand 69c. The total refrigeration shelf space allocacated to half-gallon cartons is 36 sqft. A half gallon carton takes up 16 sq. inches of shelf space. The manager knows that each week the store sells more of the national brand than the other two combined and at least three times as much of the national brand than of its own brand. In addition the local dairy can supply only 10-dozen cartons per week. The manager wants to know how many of each brand to stock in order to maximize profit.

Reference no: EM131441408

Questions Cloud

Evaluation of strategic management and marketing initiatives : Executing and Evaluation of Strategic Management and Marketing initiatives This unit is dedicated to understanding how intended strategic and marketing initiatives become an organizational and market reality with specific emphasis on the development ..

State your thesis on the significance of current role of us : By the mid-20th century, the United States had become the dominant force in international relations. Some have argued that the United States' military functions as the world's "police." This assignment covers the manner in which this shift occurre..

Role of the external consultant : The following topic is what needs to be researched and discussed; "How the role of the external consultant may differ from an internal consultant."

Produce a report in order to advise a uk-based pension fund : This assignment requires you to produce a report in order to advise a UK-based pension fund on a strategy for investing their funds. The aim of this module.

How many of each brand to stock in order to maximize profit : The Food Max Grocery Store sell three brands of milk in half-gallon cartons-its own brand, a local dairy brand and a national brand. The profit of its own brand is 97c, from the local 83c and from the national brand 69c. The total refrigeration shelf..

Contrast transformational management with the boss : Contrast transformational management with the boss (the guy with the twin points of hair) in Dilbert. How do the other Dilbert characters react to the boss? What should the boss do differently to gain their support? (A much harder question is, "Wh..

Why you believe this is an important issue : By now, you have learned that public health is a diverse enterprise facing many challenges. In a 3-5 page critical analysis (not including title page and references), identify what you believe to be the greatest challenging facing public health. ..

Outline importance of scm and om within service industries : Outline the importance of SCM and OM within product and service industries. Offer examples from any of the materials covered.

Reflect tv shows in which characters demonstrate aggression : Reflect on two to three (2-3) TV shows in which characters demonstrate aggression or violence. Consider the context in which this aggression or violence occurred and ways in which it can lead to desensitization.Briefly describe at least one (1) epi..

User Account

All Pages