Formulate a linear program to maximize revenue

Assignment Help Operation Management
Reference no: EM131481119

Graduate students produce a low quality beer and a high quality Belgian ale, both are favorites at USC fraternity and sorority parties. The beer sells for $15 per keg and the ale for $43 keg. The major cost for ingredients are locally grown corn and hops. Producing a keg of beer requires 5 lbs of corn and 2 lbs hops. Producing a keg of ale requires 2 lbs of corn and 1 lb of hops. There are only 60 lbs of corn and 25 lbs of hops available. Formulate a linear program to maximize revenue, assuming that all that is produced will be purchased.

Reference no: EM131481119

Questions Cloud

How jfks death affected the united states : How J.F.K.'s death affected the United States and the presidencey of Lyndon B. Johnson.
Ethical arguments for advocacy of health care for all : What are the ethical arguments for advocacy of health care for all?
Greater east asia co-prosperity sphere : Why did Hitler invade the Soviet Union in the summer of 1941? Why did his troops not achieve the success he envisioned?
What ethical theories apply to the use of scarce resources : What ethical theories apply to the use of scarce resources in a disaster situation?
Formulate a linear program to maximize revenue : Formulate a linear program to maximize revenue, assuming that all that is produced will be purchased.
How can portfolios be used in course assessment : How can portfolios be used in course assessment? What are the advantages and disadvantages of this type of assessment tool?
Draw a typical demand curve for competitive markets : Draw a typical demand curve for competitive markets, monopolistic competition, and monopoly. Which of these demand curves is the most inelastic? Why?
What is one passage that is about the local economy : From this reading, why do you think the author wrote this work? Give at lease one piece of evidence to your speculation.
How qualitative data is analyzed : how qualitative data is analyzed. Please cite at least three qualitative dissertations published within the last three year, along with other sources as needed.

Reviews

Write a Review

Operation Management Questions & Answers

  Using the six sigma principle

Identify a time when reengineering was necessary using the Six Sigma principle. Defend with detailed information why the old processes were not useful in obtaining the organization’s goals and what needs to be performed by the quality improvement tea..

  Total cost of package of dog biscuits using optimal mix

Doug Turner Food Processors wishes to introduce a new brand of dog biscuits composed of chicken- and liver-flavored biscuits that meet certain nutritional requirements. solve this problem graphically, giving the optimal values of all variables, and C..

  Learning model be adopted for budgeting-financial management

A project has an actual first unit cost of $72.8 million. Four additional and similar units are to be financed by bank loans and constructed in sequential fashion. The bankers are anxious that a learning model be adopted for budgeting and financial m..

  Difference between procedural rules-substantive rules

What are some of the differences between the models for law systems throughout the world? What are some of the benefits of each? What are some of the disadvantages of each? what is the difference between ‘procedural’ rules and ‘substantive’ rules? Wh..

  Compute the expected payoff with perfect information

Compute the expected payoff with perfect information and determine the probability for h, and the posterior probabilities P(s j .10 with 4 decimal places for each state by using Bayes's rule.

  Does this appear to violate any law or moral standards

TV Guide magazine ran a cover photo for a story emphasizing Oprah Winfrey’s weight loss. The photo was a computer composite, superimposing Oprah Winfrey’s head on the body of Ann-Margret. Neither woman knew of the photo in advance of publication; obv..

  What is coding and reimbursement in health care

What is coding and reimbursement in health care? Explain the concept of benchmarking. Give an example.

  Explain department goals with the overall organization

What does it mean to align your department goals with the overall organization? Give an example of an organizational goal and two sales team goals that support it.

  About the recall hearing about a past legal case

You may recall hearing about a past legal case in which a woman sued McDonalds because of burns she received when hot coffee spilled in her lap. At the time, she was riding in her nephew’s sports car and they purchased the coffee at McDonalds’ drive-..

  Your manager asks you to manage a project which is

consider the following scenario.your manager asks you to manage a project that is estimated to last 60-90 days. he

  Consist of number of different components or factors

Which of the following is not an assumption associated with the basic economic order quantity (EOQ) model? the importance of individual carrying costs factors (categories) is generally consistent from product to product. inventory carrying costs cons..

  Responsible for the success or failure of an organization

____ are the individuals responsible for the success or failure of an organization. they have jop titles sush as CEO, president and chancellor .

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd