Question
Using Excel File Q 1) A Restaurant is planning to make 4 different sandwiches. A marketing consultant predicted that they can charge $13 for each
Using Excel File
Q 1) A Restaurant is planning to make 4 different sandwiches. A marketing consultant predicted that they can charge $13 for each Combo Sandwich (CS), $12 for each Deluxe Sandwich (DS), $11 for each Regular sandwich (RS) and $10 for each petite one (PS). The cost of making these sandwiches will be $3.00 for petite ones (PS), and is $4 for RS, $5 for DS and $8 for CS. Also the advertising cost per sandwich is $2.0, regardless of its kind. It takes
15 minutes to make a Combo sandwich (CS), it takes 12 minutes to make a Deluxe sandwich (DS), it also takes 12 minutes to make a Regular sandwich (RS) & it takes 10 minutes to make the a Petite Sandwich. . Find the number of each sandwich that the restaurant has to sell to maximize its profit (not the revenue) with the following constraints.
- maximum advertising budget is $1,500 for that week
- the restaurant has to have a minimum of 100 of CS, minimum 100 of DS, and minimum of 200 of RS & PS sandwiches per week.
- the restaurant has 5 people who make sandwiches they only work up to 200 hours per week
- we should not have partial sandwich your decision should be based on making a whole sandwich.
**Answer these questions:
- What is the profit?
- Do we have any Slack or Surplus? if yes, where?
- how much more profit do they have if they add $100 to their advertising budget?
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started