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 stores. Eight feet of display space has been designated for candles in each store. The different types of candles that Holcomb produces are ounce jars, ounce jars, inch pillars inch pillars, and packs of votive candles. The contract signed with the store specifies that at least feet must be dedicated to ounce jars, at least feet to inch pillars, and at least foot to votives. The number of jars shipped should be at least as many as the number of pillars shipped. Holcomb recently bought pounds of wax for a special price. Its inventory also includes feet of spooled wick and ounces of holiday fragrances. Relevant data are given in Exhibit C Formulate an LP model, solve it and explain what the solution means for the company. ozJar oz Jar in Pillarin Pillar Votive pack Available Wax lb Fragrance oz Wick ft Display space ft Sales price Manufacturing cost$
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