Reference no: EM131042613
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.
Discussion on how the program will be implemented
: To apply knowledge of the important organisational development concepts and demonstrate this knowledge in the assignment through the design of a feasible and conceptually informed model. Discussion on how the program will be implemented and how it..
|
What are the practical communications implications
: Does change management have a tendency to be more domineering than project management? One way or the other, what are the practical communications implications? The key to this discussion is to address management versus manipulation.
|
Assume that the interest rate in new zealand
: 1. Assume that the interest rate in New Zealand is 9 percent. A U.S. firm plans to borrow New Zealand dollars, convert them to U.S. dollars, and repay the loan in 1 year.
|
Several change management books also use same terminology
: The communications chapter of the PMBOK Guide suggests that stakeholder expectations should be actively managed. Several change management books also use the same terminology. It is suggested that part of this process is to ensure that stakeholder ne..
|
Optimal production schedule of pies for the day
: 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 producti..
|
Recognize the historical development of database
: Courses are categorized by course code and title. Certain courses have prerequisites and the university has asked for this to be cataloged as well.
|
Perform an external industry and competition analysis
: Perform an external (industry and competition) analysis. What implications can be drawn for the launch of Hockey Classic? Perform a corporate capabilities analysis. What implications can be drawn for the launch of Hockley Classic? Evaluate the propos..
|
Impact of credit crisis on risk of financing
: Impact of Credit Crisis on Risk of Financing Homewood Co. commonly finances some of its U.S. expansion by borrowing foreign currencies (such as Japanese yen) that have low interest rates.
|
Financing during a crisis bradenton
: Financing During a Crisis Bradenton, Inc., has a foreign subsidiary in Asia that commonly obtains short-term financing from local banks. If Asia suddenly experiences a crisis, explain why Bradenton may not be able to easily obtain funds from the ..
|