Tuesday, February 26, 2019
Julias Food Booth Essay
launchJulia is planning to lease a food booth outside the technical school Stadium at Home Football endorses to finance her last course of instruction education with all the feistys go sold out. The rent for the booth per game is $ century0. Julia get out distribute slices of Cheese pizza pie, Hot Dogs and Barbecue Sandwiches which argon acclaimed to be the most popular so these are the three products she has chosen to sell at the domicile games football stadium. The rent for oven is $ 600 for six home games, which makes it $ 100 per game. To keep things simple, Julia decided to hire an outside pizza delivery company, it seems to be cost effective and for other items she plans to prepare them the night before. Space taken by Pizza is 14 x 14, hot dogs are 16 in/sq. and the BBQ sandwich is 25 sq.The cost determine of Pizza $6.00, or $.75 ea slice with 8 slices/pizza the hot dogs $0.45 each, and sandwiches$.90 each, respectively. The sale price of Pizza Slice is $1.50, hot dog s $1.60 and the BB-Q sandwich is $2.25. Julias initial investment funds is $1500 which would pay for the first game day she would pay the future home games out of proceeds earned from the games. From Student Feedbacks she has learnt that she ass sell as many slices of Pizza as Hot dogs and BBQ sandwichs combined. She feels she passel sell twice as many hot dogs as she can the BBQ sandwichs. Julia believes that she can make at least $1000 network network after expenses are paid per game. impersonal FunctionObjective here is to maximize the profit. Profit is calculated for each variable by subtracting cost from the selling price. Pizza. Cost $6 / 8 = $ 0.75 (Cost per slice) Z =$0.75 x1 +$.452 + $.90 x3. Profit per $.75/slice pizza, $1.15/hot dog $ 1.35/BBQ Sandwich Sales toll $2.25 $ 1.60 $ 1.50 Sale Price 3x/Sandwich 2x/ Hot dog and 1x/pizza slice. decision Variables ConstraintsBudget Constraint0.751 + 0.452 + .903 23x2 23 = 0If extra help $100/game = $100/x6Non Negative Restri ctionsx1, x2 , x3 all are = 0Final flummoxMaximize Total ProfitZ = 0.751 + 0.452 + .903 = 0D. Over all with the expenses of food supplies, oven leasing, the booth and the pay for help, she will still be far ahead in her net profit and it will be well worth the help in the end. sure as shooting there will be uncertainty, which is with all endeavors, but those have to be accounted for as best you can.ReferencesTaylor, B. W. (2011). Introduction to Management Science. Upper Saddle River, NJ Prentice Hall. coursehero, (2009, Apr. 13). linear programing Msg google..com. Message posted to http//coursehero.com/
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