DD needs to decide how many muffins and how many croissants to produce each day. The profit
Question:
DD needs to decide how many muffins and how many croissants to produce each day. The profit per muffin is $1 and the profit per croissant is $3.5. On average, each muffin takes 5 minutes of labor time and 5 minutes of oven time (of course they are produced in batches. For simplification I have given you the time per piece). Croissants take 12 minutes of labor time and 1 minute of oven time. DD can have its labor dedicated for a maximum of 2 hours every day. The oven time is limited to 6 hours during the night. Due to customer requests DD produces at least 5 croissants every day. Use Solver to find the optimal solution.
The optimal number of muffins to be produced in a day is ______ (keep two decimals) and the optimal number of croissants to be produced in a day is ________ (keep two decimals).
Managerial accounting
ISBN: 978-0471467854
1st edition
Authors: ramji balakrishnan, k. s i varamakrishnan, Geoffrey b. sprin