#3. Tyler bakes Cookies (C) and Breads (B) with the help of two ovens in his little bakery. The time taken by Oven A to bake each cookie batch is 14 minutes and the time taken by Oven B is 12 minutes. The time taken by Oven A to bake a batch of bread is 16 minutes and the time taken by Oven B is 17 minutes. Each week Oven A can be used for 28 hours, and Oven B can be used for 25 hours to bake Cookies and Breads. The rest of the time is used for baking other products. Moreover, Tyler starts the next week with a stock of 20 batches of Cookies and 20 batches of Breads. There is a weekly demand of 70 batches of Cookies and 35 batches of Breads. For each batch of Cookies, Tyler makes $15 in revenue and for each batch of Breads Tyler makes $20 in revenue. How should Tyler plan his production to maximize his revenue while meeting his weekly demand and adding to his stock for the following week? To help you guys out, I am giving you the Linear Program equations here. Using the Solver, find the solution and answer the questions given below the LP. Objective: Maximize Revenue 15C + 2OB St. Constraints: • Oven A available: 14C + 16B <= 1680 minutes • Oven B available: 12C + 17B <= 1500 minutes • Min Cookies required: C >= 70- 20 (weekly demand - stock available) • Breads required: B >= 35 - 20 (weekly demand - stock available) • Non-negativity: C, B >= 0 • Integer: C, B are both integers 1. Tyler Needs to produce . maximized revenue of $ batches of cookies and batches of breads to achieve a 2.lf the revenue from Cookies was reduced to $10 instead of $15, Tyler would need to produce batches of bread to achieve a maximized revenue of $ batches of cookies and
#3. Tyler bakes Cookies (C) and Breads (B) with the help of two ovens in his little bakery. The time taken by Oven A to bake each cookie batch is 14 minutes and the time taken by Oven B is 12 minutes. The time taken by Oven A to bake a batch of bread is 16 minutes and the time taken by Oven B is 17 minutes. Each week Oven A can be used for 28 hours, and Oven B can be used for 25 hours to bake Cookies and Breads. The rest of the time is used for baking other products. Moreover, Tyler starts the next week with a stock of 20 batches of Cookies and 20 batches of Breads. There is a weekly demand of 70 batches of Cookies and 35 batches of Breads. For each batch of Cookies, Tyler makes $15 in revenue and for each batch of Breads Tyler makes $20 in revenue. How should Tyler plan his production to maximize his revenue while meeting his weekly demand and adding to his stock for the following week? To help you guys out, I am giving you the Linear Program equations here. Using the Solver, find the solution and answer the questions given below the LP. Objective: Maximize Revenue 15C + 2OB St. Constraints: • Oven A available: 14C + 16B <= 1680 minutes • Oven B available: 12C + 17B <= 1500 minutes • Min Cookies required: C >= 70- 20 (weekly demand - stock available) • Breads required: B >= 35 - 20 (weekly demand - stock available) • Non-negativity: C, B >= 0 • Integer: C, B are both integers 1. Tyler Needs to produce . maximized revenue of $ batches of cookies and batches of breads to achieve a 2.lf the revenue from Cookies was reduced to $10 instead of $15, Tyler would need to produce batches of bread to achieve a maximized revenue of $ batches of cookies and
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
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