Brayden and Behrad were roommates. They decided to open a restaurant in the small town that...
Fantastic news! We've Found the answer you've been seeking!
Question:
Transcribed Image Text:
Brayden and Behrad were roommates. They decided to open a restaurant in the small town that they were living. They bought an old home for their new restaurant which they named Rayhoon. Not knowing the taste of their customers, they decided to serve only two full course meals each night, one with pork and the other with chicken. They estimated that they would sell a maximum of 60 meals each night. Each chicken dinner requires 15 minutes to prepare, and each pork dinner takes twice as long. There is a total of 20 hours of kitchen staff labor available each day. They thought that they would sell at least 3 chicken dinners for every two pork dinners. They also believe that at least 10 percent of their customers will order pork dinners. The profit from each chicken dinner will be $12, and the profit from a pork dinner will be $16. Formulate a linear programming model for B & B, that will help them estimate the number of meals they should prepare each night and solve this model by computer. A. They are considering investing in some advertising to increase the maximum number of meals they serve. They estimate that if they spend $30 per day on a newspaper ad, it will increase the maximum number of meals they serve per day from 60 to 70. Should they make the investment? B. They are concerned about the reliability of their kitchen staff. They estimate that on some evenings they could have a staff reduction of as much as 5 hours. How would this affect their profit level? Brayden and Behrad were roommates. They decided to open a restaurant in the small town that they were living. They bought an old home for their new restaurant which they named Rayhoon. Not knowing the taste of their customers, they decided to serve only two full course meals each night, one with pork and the other with chicken. They estimated that they would sell a maximum of 60 meals each night. Each chicken dinner requires 15 minutes to prepare, and each pork dinner takes twice as long. There is a total of 20 hours of kitchen staff labor available each day. They thought that they would sell at least 3 chicken dinners for every two pork dinners. They also believe that at least 10 percent of their customers will order pork dinners. The profit from each chicken dinner will be $12, and the profit from a pork dinner will be $16. Formulate a linear programming model for B & B, that will help them estimate the number of meals they should prepare each night and solve this model by computer. A. They are considering investing in some advertising to increase the maximum number of meals they serve. They estimate that if they spend $30 per day on a newspaper ad, it will increase the maximum number of meals they serve per day from 60 to 70. Should they make the investment? B. They are concerned about the reliability of their kitchen staff. They estimate that on some evenings they could have a staff reduction of as much as 5 hours. How would this affect their profit level?
Expert Answer:
Related Book For
Posted Date:
Students also viewed these accounting questions
-
In June, Bill decided to open a small retail operation selling bags of fertilizer to the public. He has decided to begin by offering two kinds of fertilizer. Below is the infomation for the month of...
-
A pizza delivery service has decided to open a branch near off- campus student housing. The project manager has identified five student apartment complexes in the northwest area of the city, the...
-
Brad Jolie recently decided to open a restaurant specializing in New Orleans cuisine. He purchased a restaurant building on January 2, 2009, at a cost of $650,000, paying 10 percent of the purchase...
-
Examine existing HRM practices in your company or one that you know about. Which of them are the product of your countrys legal, economic, political or social institutions? Provide explanations for...
-
Suppose a quality manager for Dell Computers has collected the following data on the quality status of disk drives by supplier. She inspected a total of 700 disk drives. a. Based on these inspection...
-
Following are activities in providing medical services at Healthsmart Clinic. Classify each activity as unit level, batch level, service level, or facility level. 1. Registering patients 2. Cleaning...
-
Find an article about writing summary judgment motions from the courts perspective. What tips are given for writing a summary judgment motion?
-
Create a TaxReturn class with fields that hold a taxpayers Social Security number, last name, first name, street address, city, state, zip code, annual income, marital status, and tax liability....
-
1. You are in the process of analyzing Bob's current situation. He has shared with you the following information. What is Bob's Gross Debt Service (GDS) ratio? Round your answer to two decimal...
-
Parent Co. owns 75% of Sub Co. and uses the cost method to account for its investment. The following are summarized income statements for the year ended December 31, Year 7. Additional Information: ...
-
WalMart and Amazon are examples of operational excellence companies. As such they drive towards speed, availability, low prices, and high volumes. Based on cost behaviors, what statement best...
-
In an organisation, one manager often accuses his colleagues of 'favouritism and discrimination especially during the period of their annual performance appraisal. You learned that these could be...
-
Discuss the impact of digital marketing on brand management in the contemporary business landscape. Provide specific examples to illustrate the various digital marketing strategies employed by brands...
-
Any unauthorized change to the scope that results in project delays is known as scope creep. When something is overlooked and not covered in the initial requirements document, it needs to be itemized...
-
what ways does inspiration intersect with motivation and drive, propelling individuals towards extraordinary feats of accomplishment ? Explain
-
Harrti Corporation has budgeted for the following sales: July $ 446,600 August $ 581,600 September $ 615,800 October $ 890,800 November $ 738,000 December $ 698,000 Sales are collected as follows:...
-
3. The smallest printed and bound book, which contains the children's story "Old King Cole," was published in 1985. The book's width is about 0.80 mm. Imagine a double-slit apparatus with a...
-
Find the intercepts and then graph the line. (a) 2x - 3y = 6 (b) 10 - 5x = 2y
-
Wagner Company operates a small chain of department stores. The company owner wants to open two additional stores next year, but the company does not have sufficient cash to nance this expansion...
-
Is the income statement a specic time statement or a period-of-time statement? Discuss the difference between these two perspectives.
-
Following are the line items included in the 2009 statement of cash ows prepared by The Nine Muses, Inc. (amounts are in thousands): Proceeds from sale of long-term...
-
To determine an optimum sample size when sampling methods are used in a substantive test, all of the following factors must be considered except the a. Variation in the population. b. Risk levels the...
-
Which of the following sample planning factors would influence the sample size for a substantive test of details for a specific account? Expected amount of misstatements No Measure of tolerable...
-
The relationship between the sampling risk of incorrect acceptance and the sample size of substantive tests is a. Inverse. b. Positive. c. Indeterminate. d. None of the above.
Study smarter with the SolutionInn App