Question
In: Statistics and Probability
Kilgore’s Deli is a small delicatessen located near a major university. Kilgore’s does a large walk-in...
Kilgore’s Deli is a small delicatessen located near a major university. Kilgore’s does a large walk-in carry-out lunch business. The deli offers two luncheon chili specials Wimpy and Dial 911. At the beginning of the day, Kilgore needs to decide how much of each special to make (he always sells out of whatever he makes). The profit on one serving of Wimpy is $.45, on one serving of Dial 911, $.58. Each serving of Wimpy requires .25 pound of beef, .25 cup of onions, and 5 ounces of Kilgore’s special sauce. Each serving of Dial 911 requires .25 pound of beef, .4 cup of onions, 2 ounces of Kilgore’s special sauce, and 5 ounces of hot sauce. Today, Kilgore has 20 pounds of beef, 15 cups of onions, 88 ounces of Kilgore’s special sauce, and 60 ounces of hot sauce on hand.
a. Develop a linear programming model that will tell Kilgore how many servings of Wimpy and Dial 911 to make in order to maximize his profit today.
b. Find an optimal solution.
c. What is the shadow price for special sauce? Interpret the shadow price.
d. Increase the amount of special sauce available by 1 ounce and re-solve. Does the solution confirm the answer to part (c)? Give the new solution.
Solutions
Expert Solution
Let number of Wimpy, Deli offers = W
Let number of Dial 911, Deli offers = D.
The Solver parameters are:
The solution is:
The shadow price for special sauce is 0.09.
Shadow price is the price calculated by increasing the quantity of one of the ingredient.
The new solution is:
Yes, the solution confirm the answer to part (c).
orchestra answered 1 year agoRelated Solutions
Kilgore’s Deli is a small delicatessen located near a major university. Kilgore’s does a large walk-in...
Kilgore’s Deli is a small delicatessen located near a major
university. Kilgore’s does a large walk-in carry-out lunch
business. The deli offers two luncheon chili specials, Wimpy and
Dial 911. At the beginning of the day, Kilgore needs to decide how
much of each special to make (he always sells out of whatever he
makes). The profit on one serving of Wimpy is $0.4, on one serving
of Dial 911, $0.53. Each serving of Wimpy requires 0.2 pound of
beef,...
Kilgore’s Deli is a small delicatessen located near a major university. Kilgore’s does a large walk-in...
Kilgore’s Deli is a small delicatessen located near a major
university. Kilgore’s does a large walk-in carry-out lunch
business. The deli offers two luncheon chili specials, Wimpy and
Dial 911. At the beginning of the day, Kilgore needs to decide how
much of each special to make (he always sells out of whatever he
makes). The profit on one serving of Wimpy is $0.4, on one serving
of Dial 911, $0.53. Each serving of Wimpy requires 0.2 pound of
beef,...
Kilgore’s Deli is a small delicatessen located near a major university. Kilgore’s does a large walk-in...
Kilgore’s Deli is a small delicatessen located near a major
university. Kilgore’s does a large walk-in carry-out lunch
business. The deli offers two luncheon chili specials, Wimpy and
Dial 911. At the beginning of the day, Kilgore needs to decide how
much of each special to make (he always sells out of whatever he
makes). The profit on one serving of Wimpy is $0.41, on one serving
of Dial 911, $0.54. Each serving of Wimpy requires 0.21 pound of
beef,...
Kilgore’s Deli is a small delicatessen located near a major university. Kilgore’s does a large walk-in...
Kilgore’s Deli is a small delicatessen located near a major
university. Kilgore’s does a large walk-in carry-out lunch
business. The deli offers two luncheon chili specials, Wimpy and
Dial 911. At the beginning of the day, Kilgore needs to decide how
much of each special to make (he always sells out of whatever he
makes). The profit on one serving of Wimpy is $0.42, on one serving
of Dial 911, $0.55. Each serving of Wimpy requires 0.22 pound of
beef,...
Kilgore's Deli is a small delicatessen located near a major university. Kilgore's does a large walk-in...
Kilgore's Deli is a small delicatessen located near a major
university. Kilgore's does a large walk-in carry-out lunch
business. The deli offers two luncheon chili specials, Wimpy and
Dial 911. At the beginning of the day, Kilgore needs to decide how
much of each special to make (he always sells out of whatever he
makes). The profit on one serving of Wimpy is $0.45, on one serving
of Dial 911, $0.58. Each serving of Wimpy requires 0.25 pound of
beef,...
Kilgore's Deli is a small delicatessen located near a major university. Kilgore does a large walk-in...
Kilgore's Deli is a small delicatessen located near a major
university. Kilgore does a large walk-in carry-out lunch business.
The deli offers two luncheon chili specials, Wimpy and Dial 911. At
the beginning of the day, Kilgore needs to decide how much of each
special to make (he always sells out of whatever he makes). The
profit on one serving of Wimpy is $0.35, on one serving of Dial
911, $0.59. Each serving of Wimpy requires 0.45 pound of beef,...
Problem 9-05 (Algorithmic) Kilgore’s Deli is a small delicatessen located near a major university. Kilgore’s does...
Problem 9-05 (Algorithmic)
Kilgore’s Deli is a small delicatessen located near a major
university. Kilgore’s does a large walk-in carry-out lunch
business. The deli offers two luncheon chili specials, Wimpy and
Dial 911. At the beginning of the day, Kilgore needs to decide how
much of each special to make (he always sells out of whatever he
makes). The profit on one serving of Wimpy is $0.51, on one serving
of Dial 911, $0.69. Each serving of Wimpy requires 0.21...
Ms. Smith, the owner and manager of the Clear Duplicating Service located near a major university,...
Ms. Smith, the owner and manager of the Clear Duplicating
Service located near a major university, is contemplating keeping
her shop open after 4PM and until midnight. In order to do so, she
would have to hire additional workers. She estimates that the
additional workers would generate the following total output (where
each unit of output refers to 100 pages duplicated). If the price
of each unnit of output is $10 and each worker hired must be paid
$40 per...
Chapter Case: Campus Bikes Campus Bikes is a popular bicycle shop located near a major university....
Chapter Case: Campus Bikes
Campus Bikes is a popular bicycle shop located near a major
university. The business has grown and the owner, Mark Turner,
wants to install an up-to-date computer system to handle all
business functions.
Background
Campus Bikes sells several brands of new bikes, including
everything from high-end racing models to beach cruisers. In
addition to sales of new bikes and accessories, Mark’s service
department is always busy. The staff includes Mark himself, a
bookkeeper, two part-time sales...
A small village is located near a stream which is to be used as the source...
A small village is located near a stream which is to be used as
the source of water supply for
the community. The minimum flow in the stream is 550 m3/h. The
population analysis
reveals that the population is expected to increase linearly
from a population of 10,000 in
2008 to 30,000 in 2058.
The water consumption of the community is estimated to reach an
annual average demand
of 300 L/capita/day, a maximum daily demand of 1.8 times the
annual...
ADVERTISEMENT
ADVERTISEMENT
Latest Questions
- Consider a buffer system consisting of Benzoic acid (pKa = 4.20) and sodium benzoate, a) Would...
- Decision Variables S T Minimize 1.8S + 2.20T Subject to: Potassium 5S + 8T >= 200...
- A neurologist needs to counsel a stroke victim and her husband about possible outcomes, treatment options,...
- Case Study: Personal Beliefs in the Workplace Don Shakow was a prominent professional who worked in...
- 1: Competency framework usage is the modern best practice in management. What is meant by competency...
- A 19.34 g mixture of sugar (C12H22O11) and table salt (NaCl) is dissolved in 231 g...
- Young and Company claims that its pressurized diving bell will, on average, maintain its integrity to...
ADVERTISEMENT