2 It is 2:00 on Friday afternoon and Joe Bob the head chef (grill cook) at Bruce's...
Question:
2 It is 2:00 on Friday afternoon and Joe Bob the head chef (grill cook) at Bruce's Diner is trying to decide the best way to allocate the available raw material to the four Friday night specials. The deci- sion has to be made in the early aftemoon because three of the items must be started now (Sloppy Joes, Tacos, and Chili). The Table below contains the information on the food in inventory and the amounts required for each item.
There is one other fact relevant to Joe Bob's decision. That is the estimated market demand and selling price.
Joe Bob wants to maximize revenue since he has already purchased all the materials that are sitting in the cooler.
Required:
1 What is the best mix of the Friday night specials to maximize Joe Bob's revenue? 2 If a supplier offered to provide a rush order of buns at $1.00 a bun, is it worth the money?
Step by Step Answer:
Operations Management For Competitive Advantage
ISBN: 1572
11th Edition
Authors: Richard B. Chase, F. Robert Jacobs