OPIM 101 - Spring 2012 - R9 solutions

OPIM 101 - Spring 2012 - R9 solutions - OPIM 101 - Spring...

Info iconThis preview shows pages 1–3. Sign up to view the full content.

View Full Document Right Arrow Icon
1 OPIM 101 - Spring 2012 Recitation 9 Exercise Section # (201,202,…,214): _____________ Instructor (circle): Balas Fishman Horowitz Saunders Shah Zhang PennCard Last Name: PennCard First Name: Place your answers in the provided boxes. Problem 1. Tom’s Spring Break Margarita Shack makes frozen (decision variable F ) and on the rocks margaritas (decision variable R ) for Spring Breakers. Each frozen margarita produces a profit contribution of $3.00 and “On the rocks” margaritas produce a profit contribution of $2.00. Tom uses the following recipes: On-the-Rocks Frozen Add 10ml Tequila Add 15ml of Tequila Add 1.5 cups crushed ice Add 2 cups crushed ice Add .5 cups Lemon syrup Add 1 cup Lemon syrup Add Lime wedge Blend for 4 minutes Salt (optional) Tom starts each day with the following supplies: Supply Quantity Alegbraic Constraint Tequila 1400 ml 10R + 15F ! 1400 Ice 250 cups 1.5R + 2F ! 250 Lemon Syrup 70 cups .5R + 1F ! 70 Blender Minutes 150 per night 4F ! 150 Lime Wedges 30 wedges 1R ! 30 Tom’s objective is to maximize overall daily profit , 3 F + 2 R . Tom’s formulated and solved this problem using Solver and obtained the following Sensitivity Report (Tom assumes that he can make and sell any fractional amount of each margarita).
Background image of page 1

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
2 Answer: C Question 1. According to this report, what is Tom’s optimal daily profit per night?
Background image of page 2
Image of page 3
This is the end of the preview. Sign up to access the rest of the document.

This note was uploaded on 04/04/2012 for the course OPIM 101 taught by Professor Lee during the Spring '08 term at UPenn.

Page1 / 6

OPIM 101 - Spring 2012 - R9 solutions - OPIM 101 - Spring...

This preview shows document pages 1 - 3. Sign up to view the full document.

View Full Document Right Arrow Icon
Ask a homework question - tutors are online