Could anyone answer this problem? We have four products: Scones ($1 revenue) Bagels ($2 revenue) Donuts($0.25 revenue) Cookies ($0.75 revenue) You have 130 lbs of butter. You have 300 lbs of flour. You have 180 eggs. You have 160 lbs of sugar. You have 100 gallons of milk. A scone requires 0.05 lbs butter, 0.2 lbs flour, 0.25 eggs, 0.1 lbs sugar, and 0.02 gallons of milk. A bagel requires 0.15 lbs butter, 0.25 lbs flour, 0.1 eggs, 0.05 lbs sugar, and 0.01 gallons of milk. A donut requires 0.05 lbs butter, 0.08 lbs flour, 0.2 eggs, 0.15 lbs sugar, and 0.15 gallons of milk. A cookie requires 0.15 lbs butter, 0.3 lbs flour, 0.05 eggs, 0.12 lbs sugar, and 0.05 gallons of milk. To have enough items on display and to keep the bakers busy, you must produce at least 100 of each. However, since these are perishable goods, we seldom manage to sell more than 500 of each before the remainder go bad, so don’t make more than 500 of any item. Because of past demand patterns, you should make 2 donuts for each bagel and 3 cookies for each scone. How many of each type of item do we make? What happens when our constraints change? What happens if the objective function coefficient changes?
Could anyone answer this problem? We have four products: Scones ($1 revenue) Bagels ($2 revenue) Donuts($0.25 revenue) Cookies ($0.75 revenue) You have 130 lbs of butter. You have 300 lbs of flour. You have 180 eggs. You have 160 lbs of sugar. You have 100 gallons of milk. A scone requires 0.05 lbs butter, 0.2 lbs flour, 0.25 eggs, 0.1 lbs sugar, and 0.02 gallons of milk. A bagel requires 0.15 lbs butter, 0.25 lbs flour, 0.1 eggs, 0.05 lbs sugar, and 0.01 gallons of milk. A donut requires 0.05 lbs butter, 0.08 lbs flour, 0.2 eggs, 0.15 lbs sugar, and 0.15 gallons of milk. A cookie requires 0.15 lbs butter, 0.3 lbs flour, 0.05 eggs, 0.12 lbs sugar, and 0.05 gallons of milk. To have enough items on display and to keep the bakers busy, you must produce at least 100 of each. However, since these are perishable goods, we seldom manage to sell more than 500 of each before the remainder go bad, so don’t make more than 500 of any item. Because of past demand patterns, you should make 2 donuts for each bagel and 3 cookies for each scone. How many of each type of item do we make? What happens when our constraints change? What happens if the objective function coefficient changes?
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...
Related questions
Question
Could anyone answer this problem?
We have four products:
Scones ($1 revenue)
Bagels ($2 revenue)
Donuts($0.25 revenue)
Cookies ($0.75 revenue)
You have 130 lbs of butter.
You have 300 lbs of flour.
You have 180 eggs.
You have 160 lbs of sugar.
You have 100 gallons of milk.
A scone requires 0.05 lbs butter, 0.2 lbs flour, 0.25 eggs, 0.1 lbs sugar, and 0.02 gallons of milk.
A bagel requires 0.15 lbs butter, 0.25 lbs flour, 0.1 eggs, 0.05 lbs sugar, and 0.01 gallons of milk.
A donut requires 0.05 lbs butter, 0.08 lbs flour, 0.2 eggs, 0.15 lbs sugar, and 0.15 gallons of milk.
A cookie requires 0.15 lbs butter, 0.3 lbs flour, 0.05 eggs, 0.12 lbs sugar, and 0.05 gallons of milk.
To have enough items on display and to keep the bakers busy, you must produce at least 100 of each.
However, since these are perishable goods, we seldom manage to sell more than 500 of each before the remainder go bad, so don’t make more than 500 of any item.
Because of past demand patterns, you should make 2 donuts for each bagel and 3 cookies for each scone.
How many of each type of item do we make?
What happens when our constraints change?
What happens if the objective function coefficient changes?
Transcribed Image Text:A
B
Product Mix Scones
Made
Revenue
Butter
Flour
3
4
Eggs
Sugar
Milk
$
C
Bagels
D
E
Donuts Cookies
135
250
500
405
1.00 $ 2.00 $ 0.25 $ 0.75
0.05
0.15
0.05
0.15
0.2
0.25
0.08
0.3
0.25
0.1
0.2
0.05
0.1
0.05
0.15
0.12
0.02
0.01
0.15
0.05
Totals
F
$1,063.75
130
251
179
0.0805
0.0335
Limits
130
300
180
160
100
Expert Solution
This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
This is a popular solution!
Trending now
This is a popular solution!
Step by step
Solved in 2 steps with 5 images
Recommended textbooks for you
Practical Management Science
Operations Management
ISBN:
9781337406659
Author:
WINSTON, Wayne L.
Publisher:
Cengage,
Operations Management
Operations Management
ISBN:
9781259667473
Author:
William J Stevenson
Publisher:
McGraw-Hill Education
Operations and Supply Chain Management (Mcgraw-hi…
Operations Management
ISBN:
9781259666100
Author:
F. Robert Jacobs, Richard B Chase
Publisher:
McGraw-Hill Education
Practical Management Science
Operations Management
ISBN:
9781337406659
Author:
WINSTON, Wayne L.
Publisher:
Cengage,
Operations Management
Operations Management
ISBN:
9781259667473
Author:
William J Stevenson
Publisher:
McGraw-Hill Education
Operations and Supply Chain Management (Mcgraw-hi…
Operations Management
ISBN:
9781259666100
Author:
F. Robert Jacobs, Richard B Chase
Publisher:
McGraw-Hill Education
Purchasing and Supply Chain Management
Operations Management
ISBN:
9781285869681
Author:
Robert M. Monczka, Robert B. Handfield, Larry C. Giunipero, James L. Patterson
Publisher:
Cengage Learning
Production and Operations Analysis, Seventh Editi…
Operations Management
ISBN:
9781478623069
Author:
Steven Nahmias, Tava Lennon Olsen
Publisher:
Waveland Press, Inc.