Question: Holcomb Candle has signed a contract with a national chain of discount department stores to supply a seasonal candle set in the checkout aisle of

Holcomb Candle has signed a contract with a national chain of discount department stores to supply a seasonal candle set in the checkout aisle of its 15,000 stores. Eight feet of display space has been designated for candles in each store. The different types of candles that Holcomb produces are 8-ounce jars, 4-ounce jars, 6-inch pillars 3-inch pillars, and 4-packs of votive candles. The contract signed with the store specifies that at least 2 feet must be dedicated to 8-ounce jars, at least 2 feet to 6 inch pillars, and at least 1 foot to votives. The number of jars shipped should be at least as many as the number of pillars shipped. Holcomb recently bought 200,000 pounds of wax for a special price. Its inventory also includes 250,000 feet of spooled wick and 100,000 ounces of holiday fragrances. Relevant data are given in Exhibit C.25. Formulate an LP model, solve it, and explain what the solution means for the company. ________________8-oz.Jar __4-oz. Jar ____6-in. Pillar___3-in. Pillar ___Votive pack ___Available Wax (lb.)_________0.5______0.25_________0.5_________0.25_________0.3125______200,000 Fragrance (oz.)____0.24____0.12________0.24_________0.12__________0.15_______100,000 Wick (ft.)_________0.43____0.22________0.58_________0.33__________0.80_______250,000 Display space (ft.___0.48____0.24_______0.23__________0.23__________0.26_______124,000 Sales price________0.76_____0.44_______0.74__________0.42__________0.72 Manufacturing cost__$0.52____0.25_______0.51_________0.21___________0.55

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