4.Pizza Pizzazz  

Pizza Pizzazz, Inc., is a producer of frozen pizza products. The company makes a profit of $1.00 for each regular pizza it produces and $1.50 for each deluxe pizza produced. Each pizza includes a combination of dough and topping mix. The firm currently has 150 pounds of dough mix and 50 pounds of topping mix. Each regular pizza uses 1 pound of dough mix and 4 ounces of topping mix. Each deluxe pizza uses 1 pound of dough mix and 8 ounces of topping mix. Based on past demand, Pizza Pizzazz believes it can sell at least 50 regular pizzas and at least 25 deluxe pizzas. How many regular and deluxe pizzas should the company make to maximize profit? Assume the company can sell everything they make.

(a)Structure the linear programming problem for this scenario. 

(b)Solve graphically (show all work).

(c)What are the values and interpretation of all slack and surplus variables?

(d)Which constraints are binding and which are non-binding.

(e)Suppose the company makes $2.00 on each deluxe pizza instead of the current $1.50 while the profit on a regular pizza remains at $1.00. Does this change the solution? Explain

On Jan 1 of the current fiscal year, Block Co, issued $1,000,000 of 10-year. 10% bonds. The Bonds were dated Jan 1 of the same year. Interest on the bonds is payable on Jan 30 and Dec 31 of each year. Record the following transactions.1. The bonds were sold for $885,295 on Jan 1 of the current year. the market rate of interest on that date was 12%.2. Interest was paid on June 30, and the related amount of bond discount was amortized, based on the straight-line method.3. Interest was paid on Dec 31, and the related amount of bond discount was amortized, based on the straight-line method.4. On dec 31 (bonds are 1 year old), one-half of the bonds were redeemed at 98.