Assignment #3: Case Analysis: Julias pick out Booth Quantitative Methods MAT 540 Professor: Dr. Charles Owuor Richard Wells austere 12, 2011 The Linear Programming model (below) was initiated with the idea of Julia opening up a viands booth, which will be located immaterial of the college stadium during the football season. Julia goal is to earn at to the lowest degree $1,000 per game(not including expenses). This projection will determine if Julia should move forward with her bed plan or decide not to. * Decision Variables: The common chord variables represent the number of specific food items that Julia will survive out to sell at the football games outside of tech stadium. X1 = pizza pie Slices X2 = Hot Dogs X3 = Barbeque Sandwiches * Objective Function: Julias intent function is to maximize total pull ahead. Profit is mensural for distributively variable (food items) by subtracting cost from the selling price.
maximise Z = $.75x1 + $1.05x2 + $1.35x3 * $.75x1 = profit from slices of pizza * $1.05x2 = profit from hot dogs * $1.35x3 = profit from barbeque sandwiches Julias terms Of Goods Sold| | X1| X2| X3| Selling outlay| $1.50| 1.50| ! 2.25| Less: Cost| .$75| $.45| $.90| Profit| $.75| $1.05| $1.35| * Constraints: There ar four (4) chastenesss for Julias Food Booth that are extra with regard to her resources. 1) The premier limitation is the $1500 that Julia has set for her budget. * X1+X2+X3<=$1500 2) The second constraint is the storage quadriceps femoris for her supplies. Julia has measured all items to experience sure her oven will fit out all food items. It has been determined that the pizza that consist of 8...If you wish to get a full essay, order it on our website:
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