Mountain Laurel Vineyards produces three kinds of wineMountain Blanc, Mountain Red, and Mountain Blush. The company has 17 tons of grapesavailable to produce wine this season. A cask of Blanc requires 0.21 tons of grapes, a cask of Red requires 0.24 tons, and a cask of Blushrequires 0.18 tons. The vineyard has enough storage space in its aging room to store 80 casks of wine.The vineyard has 2,500 hours of production capacity, and it requires 12 hours to produce a cask of Blanc, 14.5 hours to produce a cask of Red,and 16 hours to produce a cask of Blush. From past sales the vineyard knows that demand for the Blush will be no more than half of the sales ofthe other two wines combined. The profit for a cask of Blanc is $7,500, the profit for a cask of Red is $8,200, and the profit for a cask of Blush is$10,500 If the vineyard were to determine that the profit from Red was $7,600 instead of $8,200, how would that affect the optimal solution?

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...
icon
Related questions
Question

Mountain Laurel Vineyards produces three kinds of wineMountain Blanc, Mountain Red, and Mountain Blush. The company has 17 tons of grapes
available to produce wine this season. A cask of Blanc requires 0.21 tons of grapes, a cask of Red requires 0.24 tons, and a cask of Blush
requires 0.18 tons. The vineyard has enough storage space in its aging room to store 80 casks of wine.
The vineyard has 2,500 hours of production capacity, and it requires 12 hours to produce a cask of Blanc, 14.5 hours to produce a cask of Red,
and 16 hours to produce a cask of Blush. From past sales the vineyard knows that demand for the Blush will be no more than half of the sales of
the other two wines combined. The profit for a cask of Blanc is $7,500, the profit for a cask of Red is $8,200, and the profit for a cask of Blush is
$10,500 If the vineyard were to determine that the profit from Red was $7,600 instead of $8,200, how would that affect the optimal solution?

Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 2 steps

Blurred answer
Knowledge Booster
Optimization models
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, operations-management and related others by exploring similar questions and additional content below.
Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
Practical Management Science
Practical Management Science
Operations Management
ISBN:
9781337406659
Author:
WINSTON, Wayne L.
Publisher:
Cengage,
Operations Management
Operations Management
Operations Management
ISBN:
9781259667473
Author:
William J Stevenson
Publisher:
McGraw-Hill Education
Operations and Supply Chain Management (Mcgraw-hi…
Operations and Supply Chain Management (Mcgraw-hi…
Operations Management
ISBN:
9781259666100
Author:
F. Robert Jacobs, Richard B Chase
Publisher:
McGraw-Hill Education
Business in Action
Business in Action
Operations Management
ISBN:
9780135198100
Author:
BOVEE
Publisher:
PEARSON CO
Purchasing and Supply Chain Management
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…
Production and Operations Analysis, Seventh Editi…
Operations Management
ISBN:
9781478623069
Author:
Steven Nahmias, Tava Lennon Olsen
Publisher:
Waveland Press, Inc.