How much lemon drink should ina produce to maximize revenue

Assignment Help Operation Management
Reference no: EM132817441

Ina works in a juice firm and has to develop the production plan for the lemon and the orange juice concentrates. The fruits (lemon and orange) that she needs to make the juice are not the bottleneck but Ina is concerned about the other main ingredients that go into making the juice: a water-based solution, sugar, and a vitamin mix. Checking with the ERP system tells her that she has 11.0 metric tons of the water solution, 2.95 metric tons of sugar, and 2080 kg of vitamin mix. The recipe tells her to use 55 kg of water solution to make a metric ton of lemon drink and 76 kg of water solution to make a metric ton of orange drink. For the lemon drink she also needs 16 kg of sugar and 15 kg of vitamin mix. The orange drink needs 10 kg of sugar and 11 kg of vitamin mix.

From the sales department, Ina knows that the lemon soft drink sells at 60 SEK/ton and the orange drink sells at 71 SEK/ton. (SEK = Swedish krona).

How much lemon drink should Ina produce to maximize revenue?

Ina works in a juice firm and has to develop the production plan for the lemon and the orange juice concentrates. The fruits (lemon and orange) that she needs to make the juice are not the bottleneck but Ina is concerned about the other main ingredients that go into making the juice: a water-based solution, sugar, and a vitamin mix. Checking with the ERP system tells her that she has 11.0 metric tons of the water solution, 2.95 metric tons of sugar, and 2080 kg of vitamin mix. The recipe tells her to use 55 kg of water solution to make a metric ton of lemon drink and 76 kg of water solution to make a metric ton of orange drink. For the lemon drink she also needs 16 kg of sugar and 15 kg of vitamin mix. The orange drink needs 10 kg of sugar and 11 kg of vitamin mix.

From the sales department, Ina knows that the lemon soft drink sells at 60 SEK/ton and the orange drink sells at 71 SEK/ton. (SEK = Swedish krona).

How much lemon drink should Ina produce to maximize revenue?

Reference no: EM132817441

Questions Cloud

Determine the dividends paid to a shareholder : A stock pays annual dividends of 0.33 per share. determine the dividends paid to a shareholder who has 1,200 shares of the company's stock.
What was the materials quantity variance for the month : The following data pertain to operations concerning the product for the last month: What was the materials quantity variance for the month
How much interest payment was paid : How much is the outstanding balance after the 6th periodic payment? How much interest payment was paid in the first 5 months
Discuss the nurse practice act in your state : Discuss the Nurse Practice Act in your state. How does the Nurse Practice Act affect your practice as a professional? As an individual? Give clear examples.
How much lemon drink should ina produce to maximize revenue : From the sales department, Ina knows that the lemon soft drink sells at 60 SEK/ton and the orange drink sells at 71 SEK/ton. (SEK = Swedish krona).
Calculate the broker commission : Calculate the broker's commission if your broker charges 3.6% of the total safe price. Determine your profits on the sale at all purchased stock?
Procurement impact the overall effectiveness : The goal of supply chain integration is alignment within the supply chain. As a business leader, how can a business achieve greater supply chain integration wit
How should asset be dealt with in the financial statement : The asset was revalued at $80,000 on 30th June 2008 and $45,000 on 30th June 2009. How should the asset be dealt with in the financial statements
Predict the consumption of materials : There are number of models and formulas used to predict the consumption of materials and/or goods. Assuming these are good models and formulas

Reviews

Write a Review

Operation Management Questions & Answers

  Book review - the goal

Operations Management is about a book review. Title of the book is "Goal". This book has been written by Dr. Eliyahu Goldartt. The book has been appreciated by many as one of those books which offers an insight into the operations and strategic capac..

  Operational plan in hospitality enterprise

Operational plan pertaining to a hospitality enterprise is given in detail in the solution. The operational plan is an important plan or preparation which gives guidelines regarding the role and responsibilities of each and every operation at all lev..

  Managing operations and information

Recognise the importance of a strategic approach to the development and deployment of organisational information systems. Demonstrate an understanding of the importance of databases and their integration to the organisation's overall information mana..

  A make-or-buy analysis

An analysis of the holding costs, including the appropriate annual holding cost rate.

  Evolution and contributor of operations management

Briefly explain Evolution and contributor of Operations management.

  Functions and responsibilities of an operations manager

A number of drivers of change have transformed the roles, functions and responsibilities of an operations manager over recent years. These drivers have not only been based on technological innovations but also on the need for organisations to develop..

  Compute the optimal order quantity

Compute the Optimal Order quantity of DVD players. Determine the appropriate reorder point.

  Relationship to operations practice in the organisation

Evaluate problems in operations and identify approaches to overcoming them. Critically evaluate operating plans and identify areas for improvement. Justify, implement and evaluate changes to operations in line with modern approaches.

  A make or buy analysis

Develop a report for Figi Fabricating that will address the question of whether the company should continue to purchase the part from the supplier or begin to produce the part itself.

  Prepare a staffing plan

Prepare a staffing plan showing the change of your unit from medical/surgical staffing to oncology staffing.

  Leadership styles in different organizations

Ccompare the effectiveness of different leadership styles in different organizations

  Risk management tools and models

Be able to understand the concept of risk, roles and responsibilities for risk management and risk management tools and models.

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