Three ships winery produces two different wine blends

Assignment Help Operation Management
Reference no: EM131030195

Three Ships Winery produces two different wine blends. A batch of the Dark Night blend uses 4 tons of malbec grapes and 2 tons of merlot grapes. A batch of the Morning Star blend uses 2 tons of malbec grapes and 4 tons of merlot grapes. The winery has a total of 18 tons of malbec grapes, and 18 tons of merlot grapes.The profit for a batch of Dark Night is $14,500 and the profit for a batch of Morning Star is slightly less at $12,250. How many batches of each type of wine should the winery produce this year to maximize its profit, assuming half batches are allowed? Formulate a linear programming model and solve it graphically. Display your graph and calculate the maximum profit. Create your graph using Microsoft Word or Excel and submit it to your instructor.

Reference no: EM131030195

Questions Cloud

Write a reflection paper for the given reading : Write a Reflection Paper about the following reading. Reading- African American From Segregation to Modern Institutional Discrimination and Modern Racism.
Place a value on the fund capital : 18.5 Assume that you have been asked to place a value on the fund capital (equity) of best health, a not-for-profit HMO. Its projected profit and loss statements and equity reinvestment (asset) requirements are as follows (in millions):
Three ships winery produces two different wine blends : Three Ships Winery produces two different wine blends. A batch of the Dark Night blend uses 4 tons of malbec grapes and 2 tons of merlot grapes. A batch of the Morning Star blend uses 2 tons of malbec grapes and 4 tons of merlot grapes. The winery ha..
Explain the ethical considerations discussed by the author : Describe the hypothesis and/or research question posed by your selected study. Summarize the methodology used to address the research question/hypothesis. Describe the sampling methods used to obtain the study sample.
Why should we avoid plagiarism : Write a paper on Why should we avoid Plagiarism - total Harvard anglica style and must include atleast 6 references.
Which system is more desirable for an international business : Discuss the relative merits of fixed and floating exchange rate schemes. From the perspective of international business, what are the most important criteria in a choice between the systems? Which system is more desirable for an international busines..
Global operations-implications of change in exchange rate : The CFO of a company with global operations has a forecast that indicates that the euro will depreciate in value against the dollar by 30% over the next year. The company has significant operations in the Euro Zone, including a wholly owned subsidiar..

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