Stephanie-Nichols-Julia-s-Booth-Assignement-3

Apr 30th, 2015
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Strayer University
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Julia wants to earn money for school and is considering running a food booth during the 6 home football games. It will cost $1000 a game to set up this booth and she will have to rent a warming oven for $600. If she can make at least $1000 in profit she feels it will be worthwhile to proceed.

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Julia's Food BoothStephanie J. NicholsStrayer UniversityProfessor Angel MartinezNovember 27th, 2011Julia wants to earn money for school and is considering running a food booth during the 6 home football games. It will cost $1000 a game to set up this booth and she will have to rent a warming oven for $600. If she can make at least $1000 in profit she feels it will be worthwhile to proceed. There are several variables Julia must take into consideration. She has constraints that must be considered, there is limited space in her heater oven, and she has the cost of the food items with only $1500 to buy them. She estimates that she will sell more pizza than hot dogs and sandwiches combined, this is expressed by Pizza slices sales >= to hot dogs plus barbeque sandwiches combined. Julia also speculates that hot dogs will be sold for every 2 barbeque sandwiches, expressed by hotdogs >= 2 barbeque sandwiches. Julia needs to maximize the number of products to stock in the warmer oven to maximize her profit. Julia must buy the pizza for $6 a pizza, with 8 slices per pizza. If she sells the pizza for $1.50 a slice she will make $.75 profit per slice of pizza. She will sell the hot dogs for $1.50 each and the cost is only $.45, so her profit will be $1.05 per hot dog. For the barbeque sandwiches she will sell them for $2.25 and her cost is $.90, for a profit of $1.35 per sandwich. Our objective function will determine the profit; we would say the profit is equal

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