Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Operation Management Expert

Kirkman Brothers ice cream parlors sell three different flavors of Dairy Sweet ice milk: chocolate, vanilla, and banana. Due to extremely hot weather and a high demand for its products, Kirkman has run short of its supply of ingredients: milk, sugar, and cream. Hence, Kirkman will not be able to fill all the orders received from its retail outlets, the ice cream parlors. Due to these circumstances, Kirkman decided to make the most profitable amounts of the three flavors, given the constraints on supply of the basic ingredients. The company will then ration the ice milk to the retail outlets.

Kirkman collected the following data on profitability of the various flavors, availabil- ity of supplies, and amounts required for each flavor.

 

Profit /

Milk

Usage/GallonSugar

Cream

Flavor

Gallon

(gallons)

(pounds)

(gallons)

Chocolate

$1.00

0.45

0.50

0.10

Vanilla

$0.90

0.50

0.40

0.15

Banana

$0.95

0.40

0.40

0.20

Maximum available

 

200

150

60

Determine the optimal product mix for Kirkman Brothers. What additional resources could be used profitably?

Operation Management, Management Studies

  • Category:- Operation Management
  • Reference No.:- M91592483

Have any Question?


Related Questions in Operation Management

As you have read the chapter and watched the lecture on

As you have read the chapter and watched the lecture on chapter 5 from your textbox, your assignment this week is using the following guidelines: 1. Watch the Apriori Algorithm (Associated Learning) - Fun and Easy Machin ...

You and four friends have developed a new environmentally

You and four friends have developed a new environmentally friendly heater. You all have extensive business experience. Together, you have established a new company, Green Heaters Pty Ltd ACN 512 302 XXX, which will manuf ...

Develop a vision of the future of business using blockchain

Develop a vision of the future of business using blockchain to further the relationships between suppliers and marketers Provide examples where you can of the future effort you envision Discuss the impact of these areas ...

You are the new chief information officer at a mid-sized

You are the new Chief Information Officer at a mid-sized community medical center. One of the many possible improvements that the CEO is discussing with you is the introduction of e-prescribing, that is, the transmission ...

What was the ethical culture of the derivatives market

What was the ethical culture of the derivatives market prior to 2008? Were there any standards of conduct, rules of operation or record keeping of transactions? Who attempted to address the problem in the derivatives mar ...

1 there are three characteristics of technology please

1. There are three characteristics of technology please circle all three that are correct. 1-Dynamics 2-Reach 3-Diversity 4-Self-sustaining nature 2. Technology has positively influenced our economy in three ways. Please ...

1 emotions determine a lot of our actions - everyday the

1. Emotions determine a lot of our actions - everyday. The clothes we wear, cars we want, programs we watch - all have an element of how it makes us feel!. What was a decision you made recently that was based entirely on ...

1 what initiatives gm took to resolve ignition switch

1. What initiatives GM took to resolve ignition switch recalls? 2. What did GM to improve its culture after ignition switch recalls scandal? 3. Briefly discuss ikea's logistics and e logistics, currently and in the futur ...

1 explain in detail what is meant by unenforceable

1. Explain in detail what is meant by: "unenforceable contracts." Do not simply give me the textbook definition. You must explain an unenforceable contract in detail at in a paragraph. 2. Does § 8 abridges expression of ...

Dubai government has signed an agreement for construction

Dubai government has signed an agreement for construction of a 228,000 sq. ft. electronics and specialised waste recycling plant at Dubai Industrial Park by December 2018. The construction will cost 3m AED and ongoing op ...

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Why might a bank avoid the use of interest rate swaps even

Why might a bank avoid the use of interest rate swaps, even when the institution is exposed to significant interest rate

Describe the difference between zero coupon bonds and

Describe the difference between zero coupon bonds and coupon bonds. Under what conditions will a coupon bond sell at a p

Compute the present value of an annuity of 880 per year

Compute the present value of an annuity of $ 880 per year for 16 years, given a discount rate of 6 percent per annum. As

Compute the present value of an 1150 payment made in ten

Compute the present value of an $1,150 payment made in ten years when the discount rate is 12 percent. (Do not round int

Compute the present value of an annuity of 699 per year

Compute the present value of an annuity of $ 699 per year for 19 years, given a discount rate of 6 percent per annum. As