Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Solve it using post optimality analysis: 1. Sugarco can manufacture three types of candy bar. Each candy bar consists totally of sugar and chocolate. The

Solve it using post optimality analysis:


student submitted image, transcription available below 

1. Sugarco can manufacture three types of candy bar. Each candy bar consists totally of sugar and chocolate. The compositions of each type of candy bar and the profit earned from each candy bar are shown in the following table: Amount of Sugar Amount of Profit Bar (02) Chococalate (oz.) (c) 1 1 2 3 2 1 3 7 3 1 1 S Fifty oz. of sugar and 100 oz. of chocolate are available. After defining x, to be the number of Type candy bars manufactured, Sugarco should solve the following LP: maxz=3x+7x+5x3 subject to: x + x + xy S50 (sugar constraint) 2x + 3x + x, 100 (chocolate constraint) 20 After adding slack variables x, and xs, the optimal tableau is as shown below. B.V. x X: x RHS 2 3 4 1 300 xx 1/2 0 1 3/2 -1/2 25 1/2 1 0 -1/2 1/2 25 Using this optimal tableau, answer the following questions: a) if 60 oz of sugar were available, what would be Sugarco's profit? How many of each candy bar should the company make? (10 points) b) Suppose a Type 1 candy bar used only 0.5 oz of sugar and 0.5 oz of chocolate. Should Sugarco now make Type 1 candy bars? (10 points) c) Sugarco is considering making Type 4 candy bars. A Type 4 candy bar earns 17c profit and requires 3 oz of sugar and 4 oz of chocolate. Should Sugarco manufacture any Type 4 candy bars? (10 points)

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Fundamentals of Cost Accounting

Authors: William Lanen, Shannon Anderson, Michael Maher

3rd Edition

9780078025525, 9780077517359, 77517350, 978-0077398194

More Books

Students also viewed these General Management questions

Question

What are the purposes of promotion ?

Answered: 1 week ago