Julias Food Booth Essay

Presentation Julia is wanting to rent a food corner outside the Tech Stadium at Home Football match-ups to back her last year instruction with all the games go sold out. The lease for the corner per game is $ 1000. Julia will sell cuts of Cheese Pizza, Hot Dogs and Barbecue Sandwiches which are acclaimed to be the most mainstream so these are the three items she has decided to sell at the home games football arena. The lease for broiler is $ 600 for six home games, which makes it $ 100 for each game. To keep things straightforward, Julia chose to employ an outside pizza conveyance organization, it is by all accounts financially savvy and for different things she intends to set them up the prior night. Space taken by Pizza is 14† x 14†, sausages are 16 in/sq. what's more, the BBQ sandwich is 25 â€Å"sq. The cost of Pizza $6.00, or $.75 ea cut with 8 cuts/pizza the sausages $0.45 each, and sandwiches$.90 each, separately. The deal cost of Pizza Slice is $1.50, sausages $1.60 and the BB-Q sandwich is $2.25. Julia’s starting venture is $1500 which would pay for the principal game day; she would pay the future home games out of continues earned from the games. From Student Feedbacks she has discovered that she can sell the same number of cuts of Pizza as Hot mutts and BBQ sandwich’s joined. She believes she can sell twice the same number of sausages as she can the BBQ sandwich’s. Julia accepts that she can make in any event $1000 net benefit after costs are paid per game. Target Function Objective here is to boost the benefit. Benefit is determined for every factor by taking away expense from the selling cost. Pizza. Cost $6/8 = $ 0.75 (Cost per cut) Z =$0.75 x1 +$.45ãâ€"2 + $.90 x3. Benefit per: $.75/cut pizza, $1.15/sausage $ 1.35/BBQ Sandwich Sales Price: $2.25 $ 1.60 $ 1.50 Sale Price: 3x/Sandwich; 2x/Hot canine and 1x/pizza cut. Choice Variables Constraints: Spending Constraint: 0.75ãâ€"1 + 0.45ãâ€"2 + .90ãâ€"3 2ãâ€"3 x2 †2ãâ€"3 => 0 On the off chance that additional assistance @$100/game = $100/x6 Non Negative Restrictions: x1, x2 , x3 all are >= 0 Last Model Expand Total Profit: Z = 0.75ãâ€"1 + 0.45ãâ€"2 + .90ãâ€"3 = 0 D. Over all with the costs of food supplies, stove renting, the stall and the compensation for help, she will in any case be a long ways ahead in her net benefit and it will be certainly justified regardless of the assistance at long last. Surely there will be vulnerability, which is with all undertakings, however those must be represented as well as can be expected. References Taylor, B. W. (2011). Prologue to Management Science. Upper Saddle River, NJ: Prentice Hall. coursehero, (2009, Apr. 13). direct programing [Msg google..com]. Message presented on http://coursehero.com/