What is shadow price for special sauce-find optimal solution

Assignment Help Operation Management

Reference no: EM13989794

Kilgore’s Deli is a small delicatessen located near a major university. Kilgore’s does a large walk-in carry-out lunch business. The deli offers two luncheon chili specials, Wimpy and Dial 911. At the beginning of the day, Kilgore needs to decide how much of each special to make (he always sells out of whatever he makes). The profit on one serving of Wimpy is $.45, on one serving of Dial 911, $.58. Each serving of Wimpy requires .25 pound of beef, .25 cup of onions, and 5 ounces of Kilgore’s special sauce. Each serving of Dial 911 requires .25 pound of beef, .4 cup of onions, 2 ounces of Kilgore’ s special sauce, and 5 ounces of hot sauce. Today, Kilgore has 20 pounds of beef, 15 cups of onions, 88 ounces of Kilgore’s special sauce, and 60 ounces of hot sauce on hand. a. Develop a linear programming model that will tell Kilgore how many servings of Wimpy and Dial 911 to make in order to maximize his profit today. b. Find an optimal solution. c. What is the shadow price for special sauce’? Interpret the shadow price. d. Increase the amount of special sauce available by 1 ounce and re-solve. Does the solution confirm the answer to part (c)? Give the new solution. Show step by step solution of each sub part by using excel solver Please I need question "A" only. A. Develop a linear programming model that will tell Kilgore how many servings of Wimpy and Dial 911 to make in order to maximize his profit today.

Reference no: EM13989794

Questions Cloud

Distinguish between position power and personal power : Define power as it is explained in the text, and then distinguish between position power and personal power. Give examples of a leader or leaders you have observed using each of these forms of power.

Establishing a claim of disparate treatment : Why is each of the four situational factors necessary for establishing a claim of disparate treatment? How does the presence or absence of situational factors determine whether a person or group has been subject to disparate impact in the selection p..

Would it be desirable to hire people according to person : Would it be desirable to hire people only according to the person/organization match, ignoring the person/job match? How well does the person need “fits” with the organization versus how well they fit with the job? Of the relationships between these ..

Define air transportation industry : Write a 2-3 APA paper addressing each of the following: 1.Define "air transportation industry" and distinguish between certificated air carriers and general aviation. 2. Discuss one argument in favor and one opposed to U.S. airline deregulation in 19..

What is shadow price for special sauce-find optimal solution : Kilgore’s Deli is a small delicatessen located near a major university. Kilgore’s does a large walk-in carry-out lunch business. The deli offers two luncheon chili specials, Wimpy and Dial 911. What is the shadow price for special sauce’? Interpret t..

What are your organizations assets : What are your organization's assets? Are there any access controls in place? How effective are they? How can you tell? What are the weaknesses in the controls? Are any new or upgraded access controls being considered? Let's explore this substantial c..

What are the key features of the structural frame : Summarize Bolman and Deal’s Reframing perspective by addressing the following questions: Why is the framing perspective important? How does it help managers to understand better the challenges and conditions they face? What are the key features of th..

Conduct job analysis using comparison research : What are the advantages and disadvantages of establishing a committee to collectively conduct a job analysis using comparison research, personal interviews, networking, and surveys?

When determining what should be considered criminal behavior : When determining what should be considered criminal behavior, the pluralist perspective recognizes the importance of diversity. Because of society’s diversity, some behavior may spark debate. How is that debate resolved? Is it right that one group’s ..

User Account

All Pages