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