Starting a Candy Company

Two people have started a two person candy company from their home. To start with, the selection offerings will intentionally limited. The business will offer a regular mix of candy made up of equal parts of cashews, raisins, caramels, and chocolates, and a deluxe mix that is one-half cashews and one-half chocolates, which will be sold in one-pound boxes. In addition, the candy company will offer individual one-pound boxes of cashews, raisins, caramels, and chocolates. A major attraction of the candy is that all candies are made fresh and sold within 24 hours. However storage space for supplies and ingredients are limited. Bins are available that can hold the amounts shown in the table: Ingredient Capacity (pounds per day) Cashews 120 Raisins 200 Caramels 100 Chocolates 160 In order to present a good image and encourage purchases, the counter will make at least 20 boxes of each type of product each day. Any leftover boxes at the end of the day will be removed and given to a nearby nursing home for goodwill. The profit per box for the various items has been determined as follows: Item Profit per Box Regular $.80 Deluxe .90 Cashews .70 Raisins .60 Caramels .50 Chocolates .75 Instructions: Write a five-page APA report answering the questions below. Do not just answer the questions, but use the questions to formulate your report. Your paper should demonstrate thoughtful consideration of the ideas and concepts presented in the course and provide new thoughts and insights relating directly to this topic. Your response should reflect scholarly writing and current APA standards. Be sure to adhere to University’s Academic Integrity Policy. Questions to be answered in your report: Write a report that outlines the questions What are the internal and external reasons for this company needing linear programming, and why operations management is playing a significant role in their success? What is the best product mix for the candy company (linear program)? Solve for the optimal values of the decision variables and the maximum profit. Should the business maintain all the products? Explain how the company will forecast product ingredients for just in time (JIT) inventory. Forecast the sales of the company for the year. Create and design the facility based off the constraints of ingredients. Create a way to maintain quality control. Use the Christian perspective story of the Noble Women’s wisdom and success to help this business be successful. Requirements of the assignment: All papers must follow all APA requirements including an abstract. (10% deduction if not) All papers must have a reference page.   The textbook is an acceptable source. Body of the paper 4 – 5 pages, no more or less. Title page, abstract, and reference pages are required.  However, they do not count towards any page count. Writing should reflect an understanding of the chapter’s basic concepts, thorough research, and logic and critical thinking skills. The introduction is attention getting with sufficient background information to establish the topic and a clear thesis statement. The conclusion summarizes the main points and leaves the reader with a strong comprehension of the paper’s significance and the author’s understanding. Grammatically correct – No spelling, grammar, or mechanics errors. Do not use the first person. (10% deduction if used).

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