MAT 540 WK 7 Assignment 3 Case Problem – Julia’s Food Booth

Assignment 3 Case Problem – Julia’s Food Booth

Complete the “Julia’s Food Booth” case problem on page 109 of the text. Address each of the issues A- D according the instructions given.

1. Formulate and solve an L.P. model for this case.
2. Evaluate the prospect of borrowing money before the first game.
3. Evaluate the prospect of paying a friend $100/game to assist.
4. Analyze the impact of uncertainties on the model.