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Consider the following Business Scenario. The Valley Wine Company produces two kinds of wine—Valley Nectar and Valley Red. The wines are produced from 64 tons of grapes the company has acquired this season. A 1000-gallon batch of Nectar requires 4 tons of grapes and a batch of Red requires 8 tons. However, production is limited by the availability of only 50 cubic yards of storage space for aging and 120 hours of processing time. A batch of each type of wine requires 5 cubic yards of storage space. The processing time for a batch of Nectar is 15 hours and the processing time for a batch of Red is 8 hours. Demand for the two types of wine is limited to 7 batches, each. The profit for a batch of Nectar is $9,000 and the profit for a batch of red is $12,000. The company wants to determine the number of 1,000--gallon batches of Nectar and Red to produce in order to maximize profit.
a. Formulate a linear programming model for this problem.
b. Use POM for windows to obtain the solutions list and results printouts for this problem.
Jane Reed bakes breads and cakes in her home for parties and other affairs on a contract basis. Jane has only one oven for baking. One particular Monday morning she finds that she has agreed to complete five jobs for that day.
How many boxes of lettuce should the supermarket purchase tomorrow? (Round your answer to the nearest whole number.)
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Annual demand for a product is 13,000 units; weekly demand is 250 units with a standard deviation of 40 units. The cost of placing an order is $100, and the time from ordering to receipt is four weeks. The annual inventory carrying cost is $0.65 per ..
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A popular ice cream parlor is considering measures to increase the level of service. Demand for its ice cream can be approximated by a normal distribution with a mean of 800 gallons per period and a standard deviation of 50 gallons per period. What a..
An avant-garde clothing manufacturer runs a series of high-profile, risqué ads on a billboard on Highway 101 and regularly collects protest calls from people who are offended by them. What percent of the total complaints can be attributed to the mo..
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