1 answer

Miko's Bakery is a pie shop that specializes in custard and fruit pies. It makes delicious...

Question:

Miko's Bakery is a pie shop that specializes in custard and fruit pies. It makes delicious pies and sells them at reasonable prices so that it can sell all the pies it makes in a day. Every dozen custard pies net Miko's $15 and requires 12 pounds of flour, 50 eggs, 5 pounds of sugar, and no fruit mixture. Every dozen fruit pies nets a $25 profit and uses 10 pounds of flour, 40 eggs, 10 pounds of sugar, and 15 pounds of fruit mixture. On a given day, Miko's found that they had 150 pounds of flour, 500 eggs, 90 pounds of sugar, and 120 pounds of fruit mixture available. Formulate and solve a linear program that will give the optimal production mix for this day at Miko's.

a) Suppose Miko's found that 10% of its fruit mixture had been stored in containers that were not air-tight. For quality and health reasons, he decided to not use any of this portion of the mixture. How would this affect the optimal production schedule? Explain.

b) What is binding under the current production schedule?

c) How much would profit increase for each additional egg acquired and how much would it go down for each additional egg lost? What range would this apply to (range of feasibility)?

d) Miko's has in the past made a third type of pie, a chocolate pie. Given the current prices of ingredients, Miko's estimates that it would net a profit of $27 per dozen chocolate pies. Each dozen chocolate pies requires 15 pounds of flour, 30 eggs, 12 pounds of sugar and no fruit mixture. Reformulate and resolve the model with this new information. Would it be profitable to make any chocolate pies? Analyze the reduced cost for chocolate pies to explain why we are not making any.


Answers

Chiven hor et X The numbev of doen Cused pOin 5003 0 Doun 0 pound un d E998 Final Palwal ohje the niowale2 AlbS1R Velue IS 46pie and () it pie 236. 81S e. SinCe 16 2s e 18.461 60/. Total 18.46 % + 60 %obje Hve CoeffictHon RatuCe (vac Cost Value 12 4,6千- 1 0 6.6千 oducey

.

Similar Solved Questions

1 answer
Simplify the following A B C D
Simplify the following A B C D...
1 answer
I want to answer question 1 a and b Western Carolina University Dept. of Chemistry &...
I want to answer question 1 a and b Western Carolina University Dept. of Chemistry & Physics PHYS 230-01: General Physies I Instructor: Dr. Mesfin Woldeyohannes Quiz # 2 (September 08, 2017) Time Allowed: 15 Minutes NAME: 1) Uniformly Accelerated Motion I (10 Points) A car travelling at 25 mi/h...
1 answer
8 Find the marginal-product functions for the Cobb-Douglas production func- tion for i 1, 2, 3,...
8 Find the marginal-product functions for the Cobb-Douglas production func- tion for i 1, 2, 3, 4 a2a3a4 y Axixx3x4 A> 0, 0< ai <1...
1 answer
Please show the working The following data were obtained for the decomposition of N20s in CCl4....
Please show the working The following data were obtained for the decomposition of N20s in CCl4. The following data were collected. 2. 0423 753 1116 1582 1986 2343 0.35 Time/ s dN2Os/ mol dm 1.46 1.09 0.89 0.720.54 Calculate: (a) Average rate of reaction. (b) Initial instantaneous rate. (c) [N20s] at...
1 answer
3. A wooden block with mass 500g is pushed along a table to give it an...
3. A wooden block with mass 500g is pushed along a table to give it an initial speed of 3.00 m/s. It moves down the table and comes into contact with a spring, which it compresses. The block then comes to a stop. The block moves a distance of 1.20m between when the pushing force stops and when it is...
1 answer
Question 1 of 1 ./10 E View Policies Current Attempt in Progress Rivera Company has several...
Question 1 of 1 ./10 E View Policies Current Attempt in Progress Rivera Company has several processing departments. Costs charged to the Assembly Department for November 2020 totaled $2,288,076 as follows $79.000 48,200 Work in process, November 1 Materials Conversion costs Materials added Labor Ove...
1 answer
Mr. Omar Ahmed, a 76-year-old accountant, has come to the hospital again, this time for pneumonia....
Mr. Omar Ahmed, a 76-year-old accountant, has come to the hospital again, this time for pneumonia. Before admission, he was unable to eat and lost more than 20 lbs over the last 2 months. Three years ago, he had coronary artery bypass surgery. As a precaution, he is placed on telemetry monitoring. H...
1 answer
John purchased 100 shares of Soft Drink Co. stock at a price of $71.81 three months...
John purchased 100 shares of Soft Drink Co. stock at a price of $71.81 three months ago. He sold all stocks today for $70.80. During that period the stock paid dividends of $2.85 per share. What is John's effective annual rate? Round the answers to two decimal places in percentage form. (Write t...
3 answers
Mechanic charges $35.00 an hour plus parts to fix a car, if the parts cost $90,00 dallars and it took 5 hours to do the job, what is the tolal cost of the repair
mechanic charges $35.00 an hour plus parts to fix a car, if the parts cost $90,00 dallars and it took 5 hours to do the job, what is the tolal cost of the repair...
1 answer
How do you simplify #(5 + 2i ) - ( 2 + 3i )#?
How do you simplify #(5 + 2i ) - ( 2 + 3i )#?...
1 answer
Testbank, Question 63 The Grisham Company has reported the following information for 2012: Net operating income...
Testbank, Question 63 The Grisham Company has reported the following information for 2012: Net operating income after tax (NOPAT) $1,200,000 Invested capital $7,500,000 Current liabilities $980,000 Weighted average cost of capital 16% The company’s economic value added is: $156,800 ...
1 answer
Write a program to get data from the SFRs of PORT A. Add the decimal value...
Write a program to get data from the SFRs of PORT A. Add the decimal value 5 to it and send it to the SFRs of PORT C. (AVR microcontroller)...
1 answer
A firm can preserve its flexibility in a number of ways when making a strategic commitment....
A firm can preserve its flexibility in a number of ways when making a strategic commitment. Explain three ways a firm can preserve its flexibility....
1 answer
Based on the facts in the case of  TAP pharam, and what you have learned in Chapter 9, ...
Based on the facts in the case of  TAP pharam, and what you have learned in Chapter 9, evaluate the culture change effort that Douglas Durand undertook. What cultural systems did he target in the culture change effort? What systems were missing, if any?...
1 answer
You would like to test whether mindfulness influences depression. You randomly select 15 individuals with high...
You would like to test whether mindfulness influences depression. You randomly select 15 individuals with high levels of depression and divide them into 3 separate groups. The first group of 5 individuals undergo a hypnotism mindfulness training. The second group of 5 individuals undergo a yoga mind...
1 answer
Federal Reserve Chairman Jerome Powell announced the central bank will lower interest rates for the first...
Federal Reserve Chairman Jerome Powell announced the central bank will lower interest rates for the first time since the Great Recession in 2008 to help stave off the possibility of an economic downturn. Federal Reserve Chairman Jerome Powell announced the Fed will lower its target federal funds int...
1 answer
A client comes to the clinic today to get an Rx refill for her birth control patches. While talking to the nurse prac...
A client comes to the clinic today to get an Rx refill for her birth control patches. While talking to the nurse practitioner, she comments that she has a rather embarrassing problem she would like to discuss. On further questioning, she tells you that she has difficulty expelling bowel movements be...