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Author Question: Lost Maples Winery makes three varieties of contemporary Texas Hill Country wines: Austin Formation ... (Read 26 times)

SGallaher96

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Lost Maples Winery makes three varieties of contemporary Texas Hill Country wines: Austin Formation (a fine red), Ste. Genevieve (a table white), and Los Alamos (a hearty pink Zinfandel). The raw materials, labour, and contribution per case of each of these wines is summarized below.

Grapes Variety A bushelsGrapes Variety B bushels
Sugar pounds
Labour (man-hours)
Contrib. per case
Austin Formation4013$24
Ste. Genevieve0401$28
Los Alamos2222$20

The winery has 2800 bushels of Variety A grapes, 2040 bushels of Variety B grapes, 800 pounds of sugar, and 1060 man-hours of labour available during the next week. The firm operates to achieve maximum contribution. Refer to the POM for Windows panels showing the solution to this problem.



Answer the following questions.
a. For maximum contribution, how much of each wine should be produced?
b. How much contribution will be made by selling the output?
c. Is there any sugar left over? If so, how much? If not, what is its shadow price (dual value)? Explain what this value means to Lost Maples' management.
d. Interpret the meaning of the lower bound to Labour in the Ranging analysis. That is, explain how the solution would change if the amount of labour fell below that lower value.
e. Interpret the meaning of the upper bound to Los Alamos wine in the Ranging analysis.


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Marked as best answer by SGallaher96 on Dec 3, 2019

Sassygurl126

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Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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SGallaher96

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Reply 2 on: Dec 3, 2019
Wow, this really help


nanny

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Reply 3 on: Yesterday
:D TYSM

 

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