(see attached image, kindly answer it based on your knowledge, thank you!) DIET PROBLEM EXAMPLEExample:The Feed 'N Ship feedlot fattens cattle for local farmers and ships them to meat markets in Kansas Cityand Omaha. The owners of the feedlot seek to determine the amounts of cattle feed to buy to satisfyminimum nutritional standards and, at the same time, minimize total feed costs.Each grain stock contains different amounts of four nutritional ingredients: A, B, C, and D. Here arethe ingredient contents of each grain, in ounces per pound of grain:FEEDINGREDIENTSTOCK XSTOCK YSTOCK Z4 oz2 oz3 ozO oz8 oz3 oz2 oz1 oz6 oz1 oz2 oz4 ozDThe cost per pound of grains X, Y, and Z is S0.02, S0.04, and s0.025, respectively. The minimum require-ment per cow per month is 64 ounces of ingredient A, 80 ounces of ingredient B, 16 ounces of ingredientC, and 128 ounces of ingredient D.The feedlot faces one additional restriction it can obtain only 500 pounds of stock Z per monthfrom the feed supplier, regardless of its need. Because there are usually 100 cows at the Feod 'N Shipfeedlot at any given time, this constraint limits the amount of stock Z for use in the feed of cach cow tono more than 5 pounds, or 80 ounces, per month. DIET PROBLEM EXAMPLESOLVE:The cost of a pound of stock X just increased by 50%. Does thisaffect the solution?

DIET PROBLEM EXAMPLE Example: The Feed 'N Ship feedlot fattens cattle for local farmers and ships them to meat markets in Kansas City and Omaha. The owners of the feedlot seek to determine the amounts of cattle feed to buy to satisfy minimum nutritional standards and, at the same time, minimize total food costs. Each grain stock contains different amounts of four nutritional ingredients: A, B, C, and D. Here are the ingredient contents of cach grain, in ounces per pound of grain: FEED STOCK Y 2 oz 3 oz O oz INGREDIENT STOCK X STOCK Z 2 o2 1 oz 2 o 6 oz 4 oz The cost per pound of grains X. Y, and Z is $0.02, 50.04, and 50.025, respectively. The minimum require- ment per cow per month is 64 ounces of ingredient A, 80 ounces of ingredient B, 16 ounces of ingredicnt C, and 128 ounces of ingredient D. The feedlot faces one additional restriction it can obtain only 500 pounds of stock Z per month from the feed supplier, regardless of its need. Because there are usually 100 cows at the Feod 'N Ship feedlot at any given time, this constraint limits the amount of stock Z for use in the feed of each cow to no more than 5 pounds, or 80 ounces, per month.

DIET PROBLEM EXAMPLE Example: The Feed 'N Ship feedlot fattens cattle for local farmers and ships them to meat markets in Kansas City and Omaha. The owners of the feedlot seek to determine the amounts of cattle feed to buy to satisfy minimum nutritional standards and, at the same time, minimize total food costs. Each grain stock contains different amounts of four nutritional ingredients: A, B, C, and D. Here are the ingredient contents of cach grain, in ounces per pound of grain: FEED STOCK Y 2 oz 3 oz O oz INGREDIENT STOCK X STOCK Z 2 o2 1 oz 2 o 6 oz 4 oz The cost per pound of grains X. Y, and Z is $0.02, 50.04, and 50.025, respectively. The minimum require- ment per cow per month is 64 ounces of ingredient A, 80 ounces of ingredient B, 16 ounces of ingredicnt C, and 128 ounces of ingredient D. The feedlot faces one additional restriction it can obtain only 500 pounds of stock Z per month from the feed supplier, regardless of its need. Because there are usually 100 cows at the Feod 'N Ship feedlot at any given time, this constraint limits the amount of stock Z for use in the feed of each cow to no more than 5 pounds, or 80 ounces, per month.

MARKETING 2018

19th Edition

ISBN:9780357033753

Author:Pride

Publisher:Pride

Chapter14: Marketing Channels And Supply Chain Management

Section14.1: Taza Cultivates Channel Relationships With Chocolate

Problem 1VC

See similar textbooks

Similar questions

A cement mix company is renowned for providing high strength concrete additives - at high unit cost. It delivers two types of cement additives - Tuf and Rok. In making these additives the company adds two special products, Qikcem and Plascem. These additives contain two (2) basic ingredients: Lime and Flyash, in different proportions, as shown in the table below. Flyash [%] Lime Cost Special Products Qikcem (1) Plascem (2) Availability [kg/hr] 2600 3600 [%] [S/kg] 10 15 45 55 35 65 The cement additive, Tuf should not contain more than 70% of Lime and the cement additive, Rok must contain at least 45% of Flyash. The company can sell at most 800oerkg of its additive products (Tuf and Rok) per hour. There are other limitations and local requirements, as stated beklew: a) Due to the plant installed capacity and personnel requirements, no more than 6000 kg/hour of Tuf can be produced b) The plant has contracted to deliver at least 3500 kg/hour of Tuf c) The company is restricted, by local…
The table below shows the sales figures for a brand of shoe over the last 12 months.Months SalesJanuary 69February 75March 86April 92May 95June 100July 108August 115September 125October 131November 140December 150a. Using the following, forecast the sales for the months up to January the following year:-i. A simple three month moving average. ii. A three period weighted moving average using weights of 1, 2 and 3. Assign the highest weight to the most recent data. iii. Exponential Smoothing when α= .6 and the forecast for March is 350.iv. Determine which of the three forecasting technique is the most accurate using MAD.
18. New car sales for a dealer in Cook County, Illinois, for the past year are shown in the following table, along with monthly indexes (seasonal relatives), which are supplied to the dealer by the regional distributor. Month Jan. Feb. Mar. Apr. May. Jun. Jul. Aug. Sept. Oct. Nov. Dec. Units Sold 640 648 630 761 735 850 765 805 840 828 840 800 Index 0.80 0.80 0.70 0.94 0.89 1.00 0.90 1.15 1.20 1.20 1.25 1.25 a. Plot the data. Does there seem to be a trend? b. Deseasonalize car sales. c. Plot the deseasonalized data on the same graph as the original data. Comment on the two graphs. d. Assuming no proactive approach on the part of management, discuss (no calculations neces- sary) how you would forecast sales for the first three months of the next year. e. What action might management consider based on your findings in part b?
As a demand planner at Grootegeluk Mine, you want to determine the monthly sales forecast of coal (in tonnes). Table 1, below, depicts the volume of coal sold by the mine for each of the 12 months of 2022.Table 1: Volume of coal sold monthly during 2022 Year Monthly volume (tonne s) Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec 2022 21 23 34 37 40 51 54 50 48 36 39 42 1. Using the three-month weighted moving average method, calculate the monthly forecasts for April 2022 to January 2023 by assigning weights of 0.1, 0.3, and 0.6 (the oldest data to the most recent data, respectively) (Round off forecast values to one decimal place). 2. Calculate the mean absolute deviation (MAD) of the forecasts for April 2022 to December 2022 (Round off the answer to two decimal place). 3.
The manager wants to forecast the month 6's sales using the following historical data: Months Month 1 Month 2 Month 3 Month 4 Month 5 Sales 20 25 32 35 38 Please use the weight 0.45 for Month 5, weight 0.25 for Month 4, weight 0.2 for Month 3, and weight 0.1 for Month 2 to use the weighted moving average to forecast the demand of Month 5.
Long-Life Insurance has developed a linear model that it uses to determine the amount of term life insurance a family of four should have, based on the current age of the head of the household. The equation is:y = 850 − .1xwherey = Insurance needed ($000)x = Current age of head of household a. Plot the relationship on a graph. b. Use the equation to determine the amount of term life insurance to recommend for a family of four if the head of the household is 30 years old.
Timely Transport provides local delivery service for a number of downtown and suburban businesses. Delivery charges are based on distance and weight involved for each delivery: 10 cents per pound and 15 cents per mile. Also, there is a $10 handling fee per parcel.a. Develop an expression that summarizes delivery charges.b. Determine the delivery charge for transporting a 40-pound parcel 26 miles.
The manager wants to forecast the month 6's sales using the following historical data: Months Month 1 Month 2 Month 3 Month 4 Month 5 Sales 20 25 32 35 38 Please use the weight 0.45 for Month 5, weight 0.25 for Month 4, weight 0.2 for Month 3, and weight 0.1 for Month 2 to use the weighted moving average to forecast the demand of Month 6. Month 5 = 0.1*(25) +0.2*(32) + .25* (35) divided by 0.1 +0.2 +1.25 -17.65/0.55 = 32.09 Month 6= 0.1* (25) +0.2* (32) +0.25 (35) +0.45* (38) divided by 0.1 +0.2+0.45 = 34.75
4. Explain how the logit model overcomes the problems associated with the Linera Probability Model in binary dependent variaraile model.
In Killian Corporation makes hot chocolate mix. Sales follow a seas erly forecasts are in following Table. Year 2019 2020 2021 Qиarter Spring 100 150 200 Summer 250 300 350 Fall 150 200 250 Winter 50 100 150 ks) Forecast the sales for the spring of 2022. ks) Forecast the sales for the Summer of 2023.
Ian Langella faces a decision how large his gasoline station should be. The annual returns wil l depend on both the size of his station and number of marketing factors related to the oil in dustry and demand for gasoline. Ian develop a careful analysis based on the following table: Size of first station Market condition Market conditon Market conditon Good Fair Poor Small 50,000 20,000 -10,000 Medium 80,000 30,000 -20,000 Large 100,000 30,000 -40,000 Very large 300,000 25,000 -160,000 Develop a decision table for this decision
Find (Locvation Quotent) in the table below Note, LQ = e / E e = local employment in industry / total local employment E = national employment in industry / total national employment total national employment = 112,077.573 total local employment = 288.046