Question: Hint: You can visualize the case n = 2 to understant Question 3 . ( 2 0 points ) : The bartender of your local

Hint: You can visualize the case n=2 to understant
Question 3.(20 points): The bartender of your local pub asks you to assist him in finding the combination
of mixed drinks to maximize his revenue. He has the following bottles available:
1 quart (32 oz .) Old Cambridge (a fine whiskey)
1 quart Joy Juice (another fine whiskey)
1 quart Ma's Wicked Vermouth
2 quarts Gil-boy's Gin
Since he is new to the business, his knowledge is limited to the following drinks:
Whiskey Sour. Each serving uses 2 oz . whiskey and sells for $1.
Manhattan. Each serving uses 2 oz. whiskey and 1 oz. vermouth, and sells for $2.
Martini. Each serving uses 2 oz. gin and 1 oz . vermouth, and sells for $2.
Pub Special. Each serving uses 2 oz. gin and 2 oz. whiskey, and sells for $3.
Answer the following questions:
First, formulate an LP model to maximize the bar's profit. Ignore the fact that the numbers of servings
have to be integers.
Second, if the problem is not canonical, convert it into a standard form, and you will see the resulting
problem is canonical.
Next, solve the LP using the simplex method.
Finally, convert the solution to the solution of the original problem and interpret the result.
 Hint: You can visualize the case n=2 to understant Question 3.(20

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!