Your salami manufacturing plant can order up to 1,000 pounds of pork and 2,400 pounds of beef per day for use in manufacturing its two specialties: Count Dracula Salami and Frankenstein Sausage. Production of the Count Dracula variety requires 1 pound of pork and 3 pounds of beef for each salami, while the Frankenstein variety requires 2 pounds of pork and 2 pounds of beef for every sausage. In view of your heavy investment in advertising Count Dracula Salami, you have decided that at least one third of the total production should be Count Dracula. On the other hand, because of the health-conscious consumer climate, your Frankenstein Sausage (sold as having less beef) is earning your company a profit of $5 per sausage, while sales of the Count Dracula variety are down and it is earning your company only $1 per salami. Given these restrictions, how many of each kind of sausage should you produce to maximize profits, and what is the maximum possible profit (in dollars)? Dracula Salamis Frankenstein Sausages profit$

Your salami manufacturing plant can order up to 1,000 pounds of pork and 2,400 pounds of beef per day for use in manufacturing its two specialties: Count Dracula Salami and Frankenstein Sausage. Production of the Count Dracula variety requires 1 pound of pork and 3 pounds of beef for each salami, while the Frankenstein variety requires 2 pounds of pork and 2 pounds of beef for every sausage. In view of your heavy investment in advertising Count Dracula Salami, you have decided that at least one third of the total production should be Count Dracula. On the other hand, because of the health-conscious consumer climate, your Frankenstein Sausage (sold as having less beef) is earning your company a profit of $5 per sausage, while sales of the Count Dracula variety are down and it is earning your company only $1 per salami. Given these restrictions, how many of each kind of sausage should you produce to maximize profits, and what is the maximum possible profit (in dollars)? Dracula Salamis Frankenstein Sausages profit$

Marketing

20th Edition

ISBN:9780357033791

Author:Pride, William M

Publisher:Pride, William M

Chapter10: Digital Marketing And Social Networking

Section10.2: Dollar Shave Club Faces Sharp Competition

Problem 1C

See similar textbooks

Similar questions

If a merchandising company has a beginning inventory of $400,000 and an ending inventory of$200,000, and the company purchased $1,600,000 of inventory during the month, what is the company’s cost of goods sold?
PLEASE NOTE: I only need the answer for Part 2. I posted Part 1 for your reference only. Part 1 - NO Answer Needed. AnyLogo supplies firms with apparel containing their logo to be used for promotional purposes. Currently, AnyLogo has four major customers - IBM, AT&T, HP, and Cisco. During the holiday season, the logos are adorned with a Christmas motif. Demand from each firm for apparel with the Christmas motif is normally distributed as shown below. AnyLogo currently produces all the apparel including the Logo embroidery in Sri Lanka in advance of the holiday season. Each unit costs $10 and is sold by AnyLogo for $40. Any leftover inventory at the end of the holiday season is essentially worthless and is donated by AnyLogo to charity. However, the donation costs AnyLogo $3 per unit to ship to the charity. What production quantities do you recommend for AnyLogo? - Answer not needed. Please answer Part 2 only. IBM AT&T HP Cisco Mean of demand 4,000 6,000…
At a recent manufacturing workshop, XYZ, Incorporated explained that demand for disposable masks increase rapidly in March 2020 when quarantine mandates first took effect. At the time, retailers could only place a single order to cover demands through the end of the summer. A certain retailer purchased disposal masks from a supplier at a cost of $20 per unit and sold them for $30 per unit. By the end of summer, demand for masks subsided considerably and all masks that weren't sold during the summer could be sold at a discounted price of $18 per unit. The retailer estimated that demand between March and August would be Normally distributed with mu = 10,000 and sigma = 1525 units With, supply chains becoming more stable since March 2020, the retailer is currently in the process of establishing a contract with a disposable mask supplier. The supplier has agreed to sell masks to the retailer for $18 per unit and will make deliveries any time the supplier places an order for a cost of $100…
Which cereal is the better buy: Brand A, on sale at $10 for five 12.8-ounce boxes or Brand B, which costs $10 for four 16.9-ounce boxes?
An automotive supply store sells a product that has a demand of 400 units per month. Its supplier charges an ordering cost of $60 per order and $25 per unit with a 20% discount for orders of 250 units or higher. The store incurs a 20% annual holding cost. What is the store's annual holding cost if it orders at a quantity of 300 units? Please give solution in correct and step by step detailed format thanku Don't give solution in image format
You are residing in an upcountry town. You read in the newspapers that Eastern and Western Stores Ltd., Mumbai, are holding their annual sale in the current month and you want to order some sports materials required by you. Write a letter to Eastern and Western Stores Ltd., asking for their catalogue.
Please do not give solution in image format thanku Solve only question #3 and #4
I only need help with part C please.... The Metropolitan Bus Company (MBC) purchases diesel fuel from American Petroleum Supply. In addition to the fuel cost, American Petroleum Supply charges MBC $225 per order to cover the expenses of delivering and transferring the fuel to MBC's storage tanks. The lead time for a new shipment from American Petroleum is 10 days; the cost of holding a gallon of fuel in the storage tanks is $0.03 per month, or $0.36 per year; and annual fuel usage is 180,000 gallons. MBC buses operate 288 days a year. (a) What is the optimal order quantity for MBC? (b) How frequently should MBC order to replenish the gasoline supply? per (c) The MBC storage tanks have a capacity of 17,500 gallons. Should MBC consider expanding the capacity of its storage tanks? The maximum inventory is ? what is max inventory? . MBC does or doest not need? to expand its storage tanks. (d) What is the reorder point (in gallons)? gallons
O B/S أيقونة المجموعة Rebecca Kaplan, who operates 3 points family-owned Glazer's Camera, in Seattle, Washington, with her brother, Ari Lackman, shuns traditional discounts because the profit margins on the photographic equipment the store sells are too slim to offer price reductions. Instead, Glazer's Camera offers customers limited discounts by bundling cameras with high-end accessories, such as tripods, lenses, and camera bags, at special prices. To differentiate their store from competitors, Kaplan and Lackman invest in training their staff and offer special services, such as in- store photography classes. This is an example of O bundling O multiple-unit pricing O odd-pricing creative-pricing
The grocery store has bulk pecans on sale, which is great since you're planning on making 8 pecan pies for a wedding. Bulk pecans can be bought in increments of a tenth of a pound. How many pounds of pecans should you buy?
Describe what you are selling (1 item only): What is the price you will sell at to sustomer: How will you explain to potential customers WHY they should buy your product? If your total costs to run the company is $5,000 per month, how many do you have to sell each month to cover your costs? Show your calculation! Do you think this is a realistic number to achieve each month? Explain your answer. In case sales go slower than expected, come up with a volume discount offer for customers and describe how it will work in the box below: (for example if you buy 5 items instead of 1, you will give customer a 10% discount).
Orange Inc. grows and ships cabbage. It costs Orange $5 to put together each package for shipmentand $0.10 to clean and process each vegetable. How much more does it cost to produce an order for60 heads of cabbage than an order of 50 heads?