The Ottery Creek Winery produces three kinds of table wine - a blush, a white, and a red. The winery has 30,000 pounds of grapes available to produce wine this season. A cask of blush requires 360 pounds of grapes, a cask of white requires 375 pounds, and a cask of red requires 410 pounds. The winery has enough storage space in its aging room to store 67 casks of wine. The winery has 2,200 hours of production capacity, and it requires 14 hours to produce a cask of blush, 10 hours for white, and 18 hours for red. From records of previous years' sales, the winery knows it will sell at least twice as much blush as red and at least 1.5 times as much white as blush. The profit for a cask of blush is $12,100, the profit for white is $8,700, and the profit for a cask of red is $10,500. The winery wants to know the number of casks of each type of wine to produce to maximize profit. (Assume that in the production of wine, only whole casks can be produced). At the optimal solution, how many casks of white wine should be produced? Group of answer choices 11 12.75 34 22
Critical Path Method
The critical path is the longest succession of tasks that has to be successfully completed to conclude a project entirely. The tasks involved in the sequence are called critical activities, as any task getting delayed will result in the whole project getting delayed. To determine the time duration of a project, the critical path has to be identified. The critical path method or CPM is used by project managers to evaluate the least amount of time required to finish each task with the least amount of delay.
Cost Analysis
The entire idea of cost of production or definition of production cost is applied corresponding or we can say that it is related to investment or money cost. Money cost or investment refers to any money expenditure which the firm or supplier or producer undertakes in purchasing or hiring factor of production or factor services.
Inventory Management
Inventory management is the process or system of handling all the goods that an organization owns. In simpler terms, inventory management deals with how a company orders, stores, and uses its goods.
Project Management
Project Management is all about management and optimum utilization of the resources in the best possible manner to develop the software as per the requirement of the client. Here the Project refers to the development of software to meet the end objective of the client by providing the required product or service within a specified Period of time and ensuring high quality. This can be done by managing all the available resources. In short, it can be defined as an application of knowledge, skills, tools, and techniques to meet the objective of the Project. It is the duty of a Project Manager to achieve the objective of the Project as per the specifications given by the client.
The Ottery Creek Winery produces three kinds of table wine - a blush, a white, and a red. The winery has 30,000 pounds of grapes available to produce wine this season. A cask of blush requires 360 pounds of grapes, a cask of white requires 375 pounds, and a cask of red requires 410 pounds. The winery has enough storage space in its aging room to store 67 casks of wine. The winery has 2,200 hours of production capacity, and it requires 14 hours to produce a cask of blush, 10 hours for white, and 18 hours for red. From records of previous years' sales, the winery knows it will sell at least twice as much blush as red and at least 1.5 times as much white as blush. The profit for a cask of blush is $12,100, the profit for white is $8,700, and the profit for a cask of red is $10,500. The winery wants to know the number of casks of each type of wine to produce to maximize profit.
(Assume that in the production of wine, only whole casks can be produced).
At the optimal solution, how many casks of white wine should be produced?
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