Recall the Toms, Inc., problem. Letting W = jars of Western Foods Salsa M = jars of
Question:
Recall the Tom’s, Inc., problem. Letting
W = jars of Western Foods Salsa
M = jars of Mexico City Salsa
Leads to the formulation:
Max1W + 1.25M
s.t.
5W + 7M ≤ 4480 Whole tomatoes
3W + 1M ≤ 2080 Tomato sauce
2W + 2M ≥ 1600
W, M ≥ 0 Tomato paste
The Management Scientist solution is shown in Figure.
THE MANAGEMENT SCIENTIST SOLUTION FOR THE TOM’S, INC., PROBLEM
a. What is the optimal solution, and what are the optimal production quantities?
b. Specify the objective function ranges.
c. What are the dual prices for each constraint? Interpret each.
d. Identify each of the right-hand-sideranges.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Related Book For
Quantitative Methods For Business
ISBN: 148
11th Edition
Authors: David Anderson, Dennis Sweeney, Thomas Williams, Jeffrey Cam
Question Posted: