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