Question;The Rayhoon Restaurant;Brayden and Behrad were roommates. They decided to open a restaurant in the small town that they were living. They bought an old home for their new restaurant which they named Rayhoon.;Not knowing the taste of their customers, they decided to serve only two full course meals each night, one with pork and the other with chicken.;They estimated that they would sell a maximum of 60 meals each night. Each chicken dinner requires 15 minutes to prepare, and each pork dinner takes twice as long. There is a total of 20 hours of kitchen staff labor available each day. They thought that they would sell at least 3 chicken dinners for every two pork dinners. They also believe that at least 10 percent of their customers will order pork dinners. The profit from each chicken dinner will be $12, and the profit from a pork dinner will be $16.;Formulate a linear programming model for B & B, that will help them estimate the number of meals they should prepare each night and solve this model by computer.;A. They are considering investing in some advertising to increase the maximum number of meals they serve. They estimate that if they spend $30 per day on a newspaper ad, it will increase the maximum number of meals they serve per day from 60 to 70. Should they make the investment?;B. They are concerned about the reliability of their kitchen staff. They estimate that on some evenings they could have a staff reduction of as much as 5 hours. How would this affect their profit level?;C. The final question they would like to explore is raising the price of the chicken dinner. Brayden has suggested a price increase that will increase profit for the chicken dinner to $14. Would this be acceptable, and how much additional profit would be realized?
Paper#60340 | Written in 18-Jul-2015Price : $41