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The International Chef, Inc., markets three blends of oriental tea: premium, Duke Grey, and breakfast. The firm uses tea leaves from India, China, and new domestic California sources. Net profit per pound for each blend is $0.60 for premium, $0.30 for Duke Grey, and $0.45 for breakfast. The firm's regular weekly supplies are 20,000 pounds of Indian tea leaves, 22,000 pounds of Chinese tea leaves, and 16,000 pounds of California tea leaves. Develop and solve a linear optimization model to determine the optimal mix to maximize profit. Complete the table below to indicate the number of pounds of each type of tea leaf to produce to optimize the profit, and then give the total profit earned. (Round to the nearest whole number as needed.) Premium Pounds to Produce Total Profit=$ Duke Grey Breakfast 0 The International Chef, Inc., markets three blends of oriental tea: premium, Duke Grey, and breakfast. The firm uses tea leaves from India, China, and new domestic California sources. Net profit per pound for each blend is $0.60 for premium, $0.30 for Duke Grey, and $0.45 for breakfast. The firm's regular weekly supplies are 20,000 pounds of Indian tea leaves, 22,000 pounds of Chinese tea leaves, and 16,000 pounds of California tea leaves. Develop and solve a linear optimization model to determine the optimal mix to maximize profit. Complete the table below to indicate the number of pounds of each type of tea leaf to produce to optimize the profit, and then give the total profit earned. (Round to the nearest whole number as needed.) Premium Pounds to Produce Total Profit=$ Duke Grey Breakfast 0
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Let the number of pounds of each type of blend produced be P D and B for Premium Duke Grey and Break... View the full answer
Related Book For
Statistics Data Analysis And Decision Modeling
ISBN: 9780132744287
5th Edition
Authors: James R. Evans
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