Reference no: EM13154537
A company makes two types of tomato sauce, Whole (W) and Marinara (M). They created and solved a linear programming problem in order to maximize their profits in selling sauces. Whole sauce makes $1 in profit per jar, and Marinara makes $1.25 in profit per jar. There are 3 primary ingredients that make up the constraints. (1) The company has 4,480 ounces of whole tomatoes available, and a jar of W sauce uses 5 ounces and a jar of M uses 7 ounces. (2) They have 2080 ounces of basic tomato sauce, and a jar of W sauce uses 3 ounces and M uses 1 ounce. (3) They have 1,600 ounces of tomato paste, and the both the W and M sauces use 2 ounces per jar.
The optimal solution to the linear programming problem is to produce 560 ounces of Whole (W) sauce and 240 ounces of Marinara (M) sauce. The output from the program is listed below:
Objective Function Value: 860
Variable Value
Whole Sauce 560
Marinara Sauce 240
Constraint Slack/Surplus Dual Prices
1 0 .125
2 160 0
3 0 0.187
OBJECTIVE COEFFICIENT RANGES
Variable Lower Limit Current Value Upper Limit
W 0.893 1.0 1.25
M 1.0 1.25 1.40
RIGHT HAND SIDE RANGES
Constraint Lower Limit Current Value Upper Limit
1 4,320 4,480 5,600
2 1,920 2,080 No Upper Limit
3 1,280 1,600 1,640
a. If the company finds a way to improve their productivity so that they can increase their profit per jar substantially, what is the maximum profit per jar they can obtain while still using this optimal solution? Give the maximum profit per jar for both types of sauce.
b)List the constraint(s) that are not binding and interpret their slack/surplus variable(s).
c)What does it mean that the right-hand side range of constraint 2 has no upper limit?
What is the minimum pressure in kpa that must be applied
: What is the minimum pressure in kPa that must be applied at 25 °C to obtain pure water by reverse osmosis from water that is 0.156 M in sodium chloride and 0.094 M in magnesium sulfate?
|
What is equivilent annual cost for swithcing to new system
: An adiitional feature is that the computer shop will give her 500 for her old computer on a trade in. What is the equivilent annual cost for keeping her computer? What is the equivilent annual cost for swithcing to the new system?
|
Bonds pay interest semiannually
: Knapp Company plans to issue 6% bonds on January 1, 2009, with a par value of $2,000,000. The company sells $1,800,000 of the bonds on January 1, 2009. The remaining $200,000 sells at par on March 1, 2009. The bonds pay interest semiannually as of..
|
Net annual cash flows for the commuter service
: Determine the annual (1) net income and (2) net annual cash flows for the commuter service. Compute (1) the cash payback period and (2) the annual rate of return.
|
Why right-hand side range of constraint has no upper limit
: List the constraint(s) that are not binding and interpret their slack/surplus variable(s). What does it mean that the right-hand side range of constraint 2 has no upper limit?
|
Distribution and accumulation amounts
: Under the terms of the trust instrument, the trustee has discretion to distribute or accumulate income on behalf of Willie, Sylvia, and Doris in equal shares. The trustee also can invade corpus for the benefit of any of the beneficiaries to the ex..
|
Calculate the number of moles of gas in the sample
: A sample of nitrogen gas in a 4.4-L container at a temperature of 35°C exerts a pressure of 3.7 atm. Calculate the number of moles of gas in the sample.
|
Confidence interval estimate of difference in sample means
: Consider the following results for two samples randomly taken from two populations. Construct a 99 percent confidence interval estimate of the difference between the two sample means.
|
What is the probability of a positive npv
: what is the expected NPV for this new machine over ten years? what is the probability of a positive NPV?
|