C&O 370 Research Project Dial-A-Bartender
By: Charmaine Chan, Remanna Lau and Angel Man
ABSTRACT
Bartenders are magicians of alcohol who create various types of
wonderful drinks with a limited amount of alcohol and non-alcohol
ingredients. Some professional bartenders specialize in premixing drinks
to serve guests in private parties. Being in a competitive business,
determining the profitable combinations of drink-types to be premixed is
definitedly a critical factor for running a successful bartender business.
Fortunately, a linear programming (LP) model can help bartenders make such
decision. In this project, we investigate the "Dial-A-Bartender"
problem and develop an LP model that helps bartenders determine the most
profitable combination of drink-types to be premixed as a function of the
costs of their ingredients, under specific customers requirements and the
limited inventory constraints. Results of the sensitivity analysis on our
LP model help bartenders improve their business by providing variations of
drink-types for their customers to choose from.
In this project we assume a professional bartender who specializes in private
parties offers 5 different drink-types. Being in a competitive business he provides his
customers with a list of guaranteed prices for each type. Before actually going to a
party, he premixes various quantities of each drink-type in bathces. Our problem is to develope a model for determining the most profitable
combination of drink-types to be premixed as a function of the costs of their
ingredients.
FINAL REPORT
Hot Links
If you have comments or suggestions, please email us.