Mat 540 Assignment 3

Julias Food Booth Based on the LP influence to maximize bread with the established constraints Julia should sell pizza and hotdogs and non BBQ sandwiches. Based on this manakin Julia will earn $2250. 00 in profit. After buying nutrient supplies for the contiguous game she will commit $750 remaining ($2250-1500). Julias goal was to come about $ megabyte in profit which she was not able to meet. It is not absorb how Julia is paying for the booth rental each game, but assuming she is back the costs with her profits from the prior game she will need $1000 for the booth + $1500 for food which equals $2500 she needs to make each game hardly to cover her expenses.The idea of Julia borrowing bullion would not be necessary because what is limiting her profit is the limited space she has in the oven. In the model all of the oven space is being utilized by Pizza and Hotdogs. If she borrowed money she wouldnt have comme il faut room to stock more food. She would have to borrow eno ugh money to rent another oven, if there was enough space in the booth, and enough money to buy additional supplies.In addition, assuming that my calculations are correct paying a friend to help her does not seem like a good idea as it would bring forward cut into any profit and increase costs. There are some uncertainties that can prompt Julias profit. The case states that Julia anticipates selling all of her food but not selling out will adversely affect her already strained profit margin. Fluctuations in the cost of the food could besides change the profit. A game that doesnt sell out could as well as reduce the number of customers Julia has on any given day.