Taco Loco is considering a new addition to their menu. They have test marketed a number of possibilities and narrowed them down to three new products, X, Y, and Z. Each of these products is made from a different combination of beef, beans, and cheese, and each product has a price point. Taco Loco feels they can sell an X for $17, a Y for $13, and a Z for $14. The company's management science consultant formulates the following linear programming model for company management.
Max R = 14Z + 13Y + 17X
subject to:
Beef 2Z + 3Y + 4X ≤ 28
Cheese 9Z + 8Y + 11X ≤ 80
Beans 4Z + 4Y + 2X ≤ 68
X,Y,Z ≥ 0
The sensitivity report from the computer model reads as follows:
Variable Cells
Cell $C$4 $D$4 $E$4 Name Z Y X Final Value 1.458.360 Reduced Cost 00−0.818 Objective Coefficient 141317 Allowable Increase 0.6380.818 Allowable Decrease 5.330.561E+30
Constraints
Cell $F$6 $F$7 $F$8 Name Beef Cheese Beans Final Value 288039.27 Shadow Price 0.451.450 Constraint R.H. Side 288068 Allowable Increase 2461E+30 Allowable Decrease 10.225.3328.73
-Taco Loco should produce both ________ but should not make any ________.
Understand the concept of reinforcement and its role in operant conditioning.
Recognize the adaptive value of conditioned responses in natural environments.
Understand the basic principles of operant conditioning.
Identify and differentiate between types of reinforcers (positive, negative, primary, secondary).
Critical Path
The sequence of stages determining the minimum time needed for an operation, project, or process development.
Variance
A statistical measure that represents the dispersion or spread of a set of data points or values around their mean.
Time-Cost Tradeoffs
In project management, the relationship between the time to complete a task and the cost associated with it, illustrating how increasing speed can lead to higher costs.
CPM Networks
CPM Networks, standing for Critical Path Method Networks, are project management tools used to schedule, organize, and coordinate tasks within a project.