Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Operation Management Expert

The manager of the deli section of a grocery superstore has just learned that the department has 112 pounds of mayonnaise, of which 70 pounds is approaching its expiration date and must be used. To use up the mayonnaise, the manager has decided to prepare two items: a ham spread and a deli spread. Each pan of the ham spread will require 1.4 pounds of mayonnaise, and each pan of the deli spread will require 1.0 pound. The manager has received an order for 10 pans of ham spread and 8 pans of the deli spread. In addition, the manager has decided to have at least 10 pans of each spread available for sale. Both spreads will cost $3 per pan to make, but ham spread sells for $5 per pan and deli spread sells for $7 per pan.

a. Determine the solution that will minimize cost.

b. Determine the solution that will maximize profit.

Operation Management, Management Studies

  • Category:- Operation Management
  • Reference No.:- M91599196

Have any Question?


Related Questions in Operation Management

Create a list that outlines at least five of the expenses

Create a list that outlines at least five of the expenses and 3-5 forms of revenue you anticipate for the sporting event you are planning. Be sure to include a brief summary of the event followed by the list of specific ...

Final project for business ethics comparative analysis of

Final Project for Business Ethics: comparative analysis of two companies that are direct competitors. I am asking you to evaluate and then create a summary for comparison of the following material from both company web s ...

1discuss the four broad categories of development methods

1. Discuss the four broad categories of development methods. ( 1 page, double space) 2. Discuss why it might be beneficial to combine all of these methods into a formal development program. (half page, double space) 3. R ...

1 lsquorelationship sellingrsquo can be described as a

1. ‘Relationship Selling’ can be described as a central goal focused on securing, building, and maintaining long-term relationships with profitable customers. 2. According to our reading assignment this week, professiona ...

1 explain the stages of team development and how these

1. Explain the stages of team development and how these relate to concepts of team cohesiveness and team norms. 2. Where can videotaping be done without a warrant? 3. What is history and how does subjectivity play a part ...

Ulrich 1998 argues that despite hrs generally poor

Ulrich (1998) argues that despite HR's generally poor reputation within organisations, given the competitive forces which exist in the current day" achieving organisational excellence must be the work of HR" According to ...

Discuss the management objectives of a firm governed by the

Discuss the management objectives of a firm governed by the shareholder wealth maximization. For example, in the United States, the decision to shift production from a local factory to a foreign one may be based on the c ...

Manufacturers of gas furnaces for homes know that in rare

Manufacturers of gas furnaces for homes know that in rare instances, a furnace will develop a gas leak that leads to an explosion. The manufacturers can take precautions, in the form of costly changes to the manufacturin ...

1 all organizations have gone through changes and each

1. All organizations have gone through changes and each organization is diverse in its own way. Describe the diversity of a healthcare organization as well as any changes that have occurred in the workplace. How could th ...

1 from your own professional experience identify a time

1. From your own professional experience, identify a time that your initial social perception proved to be incorrect. How did you react when you realized this? What future lessons can you draw from this experience? 2. Ex ...

  • 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