Question: Redo Exercise 5, assuming that the house blend contains 300 grams of Colombian beans, 50 grams of Kenyan beans, and 1 50 grams of French

Redo Exercise 5, assuming that the house blend contains 300 grams of Colombian beans, 50 grams of Kenyan beans, and 1 50 grams of French roast beans and the gourmet blend contains 100 grams of Colombian beans, 350 grams of Kenyan beans, and 50 grams of French roast beans. This time the merchant has on hand 30 kilograms of Colombian beans, 15 kilograms of Kenyan beans, and 15 kilograms of French roast beans. Suppose one bag of the house blend produces a profit of $0.50, one bag of the special blend produces a profit of $1 .50, and one bag of the gourmet blend produces a profit of $2.00. How many bags of each type should the merchant prepare if he wants to use up all of the beans and maximize his profit? What is the maximum profit?

Step by Step Solution

★★★★★

3.38 Rating (167 Votes )

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock

Let x 1 x 2 and x 3 be the number of house special and gourmet blends Th... View full answer

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Document Format (1 attachment)

859-L-A-L-S (2307).docx

120 KBs Word File

Students Have Also Explored These Related Linear Algebra Questions!

Repeat Exercise 5, assuming that the size of each batch is 100 instead of 10,000. Compare the control chart to the one found for Exercise 5. Comment on the general quality of the manufacturing...

Redo Exercise 5 from Chapter 7 using the rank-sum test instead of a t test. Does your statistical conclusion differ from the one you made in the previous chapter? Why would the rank-sum test not be...

A coffee merchant sells three blends of coffee. A bag of the house blend contains 300 grams of Colombian beans and 200 grams of French roast beans. A bag of the special blend contains 200 grams of...

estion 4 11] Using partial fraction method, show that I spiralI +l)gf h] A coffee merchant sells three blends of coffee. A bag of the house blend contains soc grams of Colombian beans and goo grams...

(For the following assignment, please answer in the most SIMPLEST FORM possible. Nothing too intricate as I am only a beginner. Label each one my its exercise, so I know which one is which. THANK...

____!!!!!! A) i) a. In a random sample of 200 observations, we found the proportion of successes to be 48%. Estimate with 95% confidence the population proportion of successes. b. Repeat part (a)...

Assume a direct mapped cache that holds 4096 bytes, in which each block is 16 bytes. Assuming that an address is 32 bits and that cache is initially empty, complete the table that follows. (You...

4 . 1 1 ) ( 4 . 1 0 in the 3 rd edition ) In parts f and g report what bank ( a . k . a . row ) the addressed word is in and what the offset is within the bank. Also note, this question asks you to...

Fill in the table using the correct EXCEL FORMULAS - this is being answer in excel so don't just show the math, use the actual formula (ex. =FV, =PV) a. What is the original price of the bond? b....

Gain Communications, continued. Redo Exercise 4.89 assuming correlation 0.01 between civilian and military sales. Redo the exercise assuming correlation 0.99. Comment on the effect of small and large...

Lauras Salon experienced the following events during July 2021 1. Laura injected additional capital in the business by depositing Ksh.150,000 in the business bank account. 2. Paid Ksh.60,000 cash for...

Suppose that in 2025, one- and two-year interest rates are 6.4% in the United States and 1.9% in Japan. The spot exchange rate is USD/JPY = 120.06. Suppose that one year later, interest rates are 3%...

If a corporation defaults on its bond issue, Blank _ _ _ _ _ _ represent ( s ) the bondholders. Multiple choice question. the shareholders the SEC the government the trustee

A sociologist believes that physical distress in cities leads to social distress. She measures physical distress by seeing how much graffiti there is. Based on this, she classifies cities as being...

Use the Gauss-Jordan method to find the inverse of the given matrix (if it exists). a 0

Use the Gauss-Jordan method to find the inverse of the given matrix (if it exists).

Use the Gauss-Jordan method to find the inverse of the given matrix (if it exists). 0 -1 1 2 2 -1 3 -1

Consider the following multifactor (APT) model of security returns for a particular stock. Factor Factor Beta Factor Risk Premium Inflation 1.0 9 % Industrial production 0.5 10 Oil prices 0.2 8 a. If...

What is the firm's optimal capital structure? (Calculate its corporate cost of capital at each structure. Also, note that data on component costs at alternative capital structures are not reliable in...

1. What amount comes closest to the present value of a 15-year annuity (a total of 15 consecutive payments) of $550 paid at the end of each year that does not begin until the end of the fourth year?...