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


Recall the Tom’s, Inc., problem. Letting W = jars of


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.

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Related Book For  book-img-for-question

Quantitative Methods For Business

ISBN: 148

11th Edition

Authors: David Anderson, Dennis Sweeney, Thomas Williams, Jeffrey Cam

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