C03, LP CASES12ed

# C03, LP CASES12ed - Case Problem 1 PRODUCT MIX TJ's Inc...

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Case Problem 1 PRODUCT MIX TJ's, Inc., makes three nut mixes for sale to grocery chains located in the Southeast. The three mixes, referred to as the Regular Mix, the Deluxe Mix, and the Holiday Mix, are made by mixing different percentages of five types of nuts. In preparation for the fall season, TJ's has just purchased the following shipments of nuts at the prices shown: Qpe of Nut Shipment Amount (pounds) Cost per Shipment (\$) Almond 6000 7500 Brazil 7500 7125 Filbert 7500 6750 Pecan 6000 7200 Walnut 7500 7875

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Chapter 3 Linear Programming: Sensitivity Anabsk and Interpretation of Solution The Regular Mix consists of 15% almonds, 25% Brazil nuts, 25% filberts, 10% pecans, 25% walnuts. The Deluxe Mix consists of 20% of each type of nut, and the Holiday consists of 25% almonds, 15% Brazil nuts, 15% filberts, 25% pecans, and 20% walnuts Customer orders already received are summarized here: Qpe of Mix Orders (pounds) Regular Deluxe Because demand is ru can be satisfied. nuts not used will be given to a local charity. Even if it is not profitable to do so, TJ's p dent indicated that the orders already received must be satisfied. Managerial Report Perform an analysis of TJ's product-mix problem, and prepare a report for TJ's president summarizes your findings. Be sure to include information and analysis on the following: 1. The cost per pound of the nuts included in the Regular, Deluxe, and Holiday 2. The optimal product mix and the total profit contribution 3. Recommendations regarding how the total profit contribution can be increase additional quantities of nuts can be purchased -t. A recommendation as to whether TJ's should purchase an additional 1000 pou 5. Recommendations on how profit co does not satisfy all existing orders Case Problem 2 INVESTMENT STRAT J. D. Williams, Inc., is an investment advisory firm that manages more than \$120 million in funds for its numerous clients. The company uses an asset allocation model that recom-
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## This note was uploaded on 03/07/2010 for the course MATH 2310 taught by Professor Shakroh during the Spring '09 term at Langara.

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C03, LP CASES12ed - Case Problem 1 PRODUCT MIX TJ's Inc...

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