She has 1500 in cash available to purchase and prepare the

Reference no: EM13474029

Julia may lease a warming oven for $600 for a six game football home-season game. the oven has 16 shelves, and each shelf is 3 feet by 4 feet. she plans to fill the oven with the food times (pizza, hot dogs and barbecue sandwiches) before the game and at half time. She has to pay $1,000 per game ($6,000 total) for a booth.

Julia has negotiated with a local pizza delivery coompany to deliver 14 inch cheese pizzas twice each game - two hours before the game and right after the opening kick-off. Each pizza will cost her $6 and will include 8 slices.

She estimates it will cost her $0.45 for each hot dog and $0.90 for each barbecue sandwich if shemakes the barbecue herself the night before. She measured a hot dog and found it takes up about 16 square inches of space and the barbecue sandwich takes up about 25 square inches.

she plans to sell a slice of pizza and a hot dog for $1.50 each

A barbecue sandwich will cost $2.25

She has $1,500 in cash available to purchase and prepare the food itmes for the first home game; for the remaining five games she will purchase the ingredients with money she has made from the previous game.

A. Formulate and solve a linear programming model for Julia that will help you advise her if she should lease the booth.

B. If Julia were to borrow some more money from a friend before the first game to purchase more ingredients, could she increase her profits? IF so, how much should she borrow and how much additional profit would she make? What factor constrains her from borrowing even more moeny than this amount (indicated in your anser to the previous question?)

C. When Julia looked at the solution in (A), she realized that it would be physically difficult for her to prepare all the hot dogs and barbecue sandwiches in this solution. She believes she can hire a friend of hers to help her for $100 per game. Based on the results in (A) and (B), is this something you think she could reasonably do and should she do it? Why?

D. Julia seems to be basing her analysis on the assumption that everything will go as she plans. What are some of the uncertain factors in the model that could go wrong and adversely affect Julia's analysis?

Given these uncertainties, and the results in (A) and (B) and (C) what do you recommend Julia do?

Reference no: EM13474029

Questions Cloud

They collected some data for 1994 from the national : a simple regression - 6 pagesb multiple regression 17 pagesanalysis is in the form of question and answers.a data for a

Using traditional method which bases decisions solely on : a.j.s wildlife emporium manufactures two unique bird-feeders deluxe and super duper that are manufactured and assembled

The garica family has a budget each month they use their : the garica family has a budget. each month they use their income in the following manner 30 for food 25 for husehold

How does your countrys geography impact the econemy what : 1- how does your countrys geography impact the econemy? what are the natural resource of your nation?2- how prosperous

She has 1500 in cash available to purchase and prepare the : julia may lease a warming oven for 600 for a six game football home-season game. the oven has 16 shelves and each

Instructions research establish a focus for 12-15 page : the us government should abolish the death penalty.instructions research establish a focus for 12-15 page argument

Your analysis should include using microsoft excel to : the study will require that you examine data analyze the results and share the results with groups of other

Examine the impact of technology on how health care : analyze the impact of technology on how health care services are delivered. the impact of technology on employee

What is your experience with schools that understand the : hjalmarson focuses on maslows hierarchy of needs triangle to prioritize school outreach efforts. why do you think it

User Account

All Pages