5.(a) A candy manufacturer has 100 pounds of chocolate-covered cherries and 150 pounds of chocolate-covered mints...
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5.(a) A candy manufacturer has 100 pounds of chocolate-covered cherries and 150 pounds of chocolate-covered mints in stock. He decides to sell them in the form of two different mixtures. One mixture will contain half cherries and half mints by weight and will sell for $2.50 per pound. The other mixture will contain one-third cherries and two-thirds mints by weight and will sell for $1.50 per pound. How many pounds of each mixture should the candy manufacturer prepare in order to maximize his sales revenue? 5.(a) A candy manufacturer has 100 pounds of chocolate-covered cherries and 150 pounds of chocolate-covered mints in stock. He decides to sell them in the form of two different mixtures. One mixture will contain half cherries and half mints by weight and will sell for $2.50 per pound. The other mixture will contain one-third cherries and two-thirds mints by weight and will sell for $1.50 per pound. How many pounds of each mixture should the candy manufacturer prepare in order to maximize his sales revenue?
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Related Book For
Business Statistics
ISBN: 978-0321925831
3rd edition
Authors: Norean Sharpe, Richard Veaux, Paul Velleman
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