Question
The Good and Gooey Candy Company makes a variety of candies worldwide. Its line of chocolate candies exhibits a highly seasonal demand pattern, with peaks
The Good and Gooey Candy Company makes a variety of candies worldwide. Its line of chocolate candies exhibits a highly seasonal demand pattern, with peaks during the winter months (for the holiday season and Valentines Day) and valleys during the summer months (when chocolate tends to melt and customers are watching their weight). In order to deal with changes in demand each quarter The Good and Gooey Candy Company can hire additional workers at a cost of $375 per worker (including costs for training and paperwork) and fire workers at a cost of $500 per worker (including costs for paperwork and final pay). Also, the company is able to hold inventory at the cost of $2 per pound per quarter to satisfy demand in future quarters. Once it hires a worker the company pays them $5,000 per quarter. The Good and Gooey Candy Company has a workforce of 100 workers each of whom can produce 1,000 pounds of candy per quarter. The table below gives the quarterly sales forecasts for the next year. Given the following quarterly sales forecasts use Linear Programming to determine the best aggregate production plan to meet the demand for chocolate candies. Quarter Sales Forecast (lb) Spring 148,000 Summer 92,500 Fall 208,000 Winter 207,500
What is the predicted total cost associated with sales for next year?
Group of answer choices 11,194,813 21,234,900 3,369,313 31,234,840
How many workers must be fired in Summer?
Group of answer choices
2170
56
23
1200
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