2. A distillery makes three kinds of authentic Philippine wine: Sweet, Regular, and Extra Dry. The rawmaterials, labor, and profit for a gallon of each wine are summarized below:WinesSweetRegularExtra DryGrapes GradeA (bushels)352Grapes GradeB (bushels)221Sugar(pound)212Labor(hours)242Profit perGallonPhp 350Php 400Php 450If the winery has 200 bushels of Grade A grapes, 160 bushels of Grade B grapes, 120 pounds of sugar,and 300 labor hours available during the next week, what product mix of wine will maximize the companyprofit?Linear Program: Solver Solution:A7Decision4Constraints5 Grades Grade A6Grades Grade BSugarLaborMaximize P:BSweetSet Objective:To: OMaxBy Changing Variable CellsO MinSubject to the Constraints:DRegular Extra DryO value ofMake Unconstrained Variables Non-NegativeSelect a SolvingMethod:Total UsedFSignAvailableAddChangeDeleteBeset AllLoad/SaveOptions

Linear programming is a mathematical technique that is also used in operations management…

Answered: 2. A distillery makes three kinds of…

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...

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3. Attendance at Los Angeles' newest Disney like attraction, Vacation World has been as follows: Quarter Guests Quarter Guests (in Thousands) (in Thousands) 2017 Q1 73 Q3 124 Q2 104 Q4 52 Q3 168 2019 Q1 89 Q4 74 Q2 146 2018 Q1 65 Q3 205 Q2 82 Q4 98 a. Graph the data. (Use Excel) b. Compute seasonal indices using all the data. (Solve manually)
.. 4.53 Thirteen students entered the business program at Sante Fe College 2 years ago. The following table indicates what each student scored on the high school SAT math exam and their grade-point averages (GPAS) after students were in the Sante Fe program for 2 years: Student A B D E F Sat Score 421 377 585 690 608 390 415 GPA 2.90 2.93 3.00 3.45 3.66 2.88 2.15 Student H J K M Sat Score 481 729 501 613 709 366 GPA 2.53 3.22 1.99 2.75 3.90 1.60 a. Is there a meaningful relationship between SAT math scores and grades? b. If a student scores a 350, what do you think his or her GPA will be? c. What about a student who scores 800?
There are four hotels competing with otherwise very similar products on the dimensionsof price ($ per night) and amenities (measured by the number of *s awarded by customer reviews).Hotel A: price = $200 per night; rating: ***Hotel B: price = $150 per night; rating: ****Hotel C: price = $300 per night; rating *****Hotel D: price = $80 per night; rating **Which of these hotels are on the efficient frontier? You may select more than one answer.
6- In decision making process, the worst alternative is the one which have a. More positives with less negatives b. Less positives with less negatives c. More negatives with less positives d. More positives with more negatives
1. A major supermarket chain has decided to sub-contract production of ready-to-eat sandwiches to your production plant. Your plant can make three kinds of sand- wiches, each of which take the following amounts of raw ingredients (measured in grams) to produce: Sandwich | Chicken Cheese Lettuce Tomato Bread 45 15 25 10 13 Chicken Salad Chicken Club Cheese and salad 920 0 20 30 Chicken Salad Chicken Club Cheese and Salad 15 10 20 The total amount of time (measured in minutes) to make one of each sandwich is listed below, together with the price that the supermarket will pay to purchase one of each: Sandwich | Time to Make Price 2.8 4.8 1.3 60 90 60 £1.25 £1.65 £0.95 For the sake of this problem you can treat ingredients used and number of sandwiches made as continuous quantities we could perhaps think of this as the average made per day over a longer period, in which case making 100.43 sandwiches per day would still make sense. (a) Suppose that you have 5000g of chicken, 2500g of…
1. A commercial bakery has recorded sales (in dozens) for three products, shown as follows:DayBlueberryMuffinsCinnamonBuns Cupcakes1 30 18 452 34 17 263 32 19 274 34 19 235 35 22 226 30 23 487 34 23 298 36 25 209 29 24 1410 31 26 1811 35 27 47 DayBlueberryMuffinsCinnamonBuns Cupcakes12 31 28 2613 37 29 2714 34 31 2415 33 33 22a. Predict orders for the following day for each of the products using an appropriate naive method.Hint: Plot each data set.
Mr. Ferdinand is a well known entrepreneur who sells fresh organic beef to persons in the localcommunity. Customers love the quality of meet that Mr. Ferdinand sells so they tend torecommend his product to other persons. Recently, Mr. Ferdinand has been running out of beefto sell to his customers. One customer suggests to him that he must use past sales records toforecast demand for his beef so that he can meet his customers demand. 1. Explain to Mr. Ferdinand two ways in which he can benefit from doing forecast forhis beef.
Coronado Company gathered the following data about the three products that it produces: PresentProduct Estimated SalesValue beforeProcessing AdditionalProcessing Costs Estimated Salesif Processed Further A $8700 $5500 $16200 B 15500 5000 18200 C 10500 7600 15600 Which of the products should be processed further? Product A Product C Product B All three products
The formula to determine tax payable is: a) Income before income tax expense (From the income tax return) multiplied by the income tax rate. b) Income before income tax expense (From the income tax statement) multiplied by the income tax rate. c) Taxable income (from the income tax return) multiplied by the income tax rate. d) Taxable income (from the income statement) multiplied by the income tax rate.
According to a survey by Accountemps, 48% of executives believe that employees are most productive on Tuesdays. Suppose 220 executives are randomly surveyed. Appendix A Statistical Tables a. What is the probability that fewer than 99 of the executives believe employees are most productive on Tuesdays?b. What is the probability that more than 110 of the executives believe employees are most productive on Tuesdays?c. What is the probability that more than 88 of the executives believe employees are most productive on Tuesdays?
Mop and Broom Manufacturing has tracked the number of units sold of their most popular mop over the past 24 months. This is shown. Month 1 2 3 4 5 6 7 8 Sales Month 238 249 254 267 277 282 402 296 9 10 11 12 13 14 15 16 Sales 300 327 346 349 353 364 373 363 Month + 17 18 19 20 21 22 23 24 Sales 361 381 375 383 384 401 409 403 a. Develop a linear trend line for the data. (Round your answers to 2 decimal places, e.g.,25.28.) Sales = (month) b. Compute a correlation coefficient for the data and evaluate the strength of the linear relationship. (Round your answer to 2 decimal places, the tolerance is +/-0.01.) Correlation coefficient is . It indicates linear relationship. (Use not rounded amounts to answer this question.) c. Using the linear trend line equation, develop a forecast for the next period,month 25. (Round your answer to 2 decimal places, the tolerance is +/-0.01. Do not round intermediate results used to achieve this answer.) Forecast for month 25 =
1. Classify each operations research model as prescriptive, descriptive, or both, by circling the most appropriate answer: Linear Programming: prescriptive descriptive both Assignment Problem prescriptive descriptive both Transportation Problem prescriptive descriptive both The Shortest-Path Problem prescriptive descriptive both The Minimum Spanning Tree prescriptive descriptive both Integer Programming prescriptive descriptive both Markov Chains prescriptive descriptive both Markov Decision Processes prescriptive descriptive both Queuing Models prescriptive descriptive both 2. From above list of OR models, answer the following in One Sentence each: For each of the following scenarios, please identify the most appropriate OR model. RPI is facilitating a mentorship program and wants to assign undergraduate students with graduate student mentors. There are more undergraduate students…

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