A company makes two mixtures of nuts: Mixture A and Mixture B. Mixture A contains 30%...
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A company makes two mixtures of nuts: Mixture A and Mixture B. Mixture A contains 30% peanuts, 30% almonds and 40% cashews and sells for $5.00 per pound. Mixture B contains 30% peanuts, 60% almonds and 10% cashews and sells for $3.25 per pound. The company has 540 pounds of peanuts, 960 pounds of almonds, and 500 pounds of cashews. How many pounds of each of mixtures A and B should the company make to maximize revenue? a. Of the options below, give the number that represents the correct set of variables ? the correct objective function description ? the correct set of constraint descriptions ? 1. the number of pounds of each of mixtures A and B 2. total revenue from selling the mixtures 3, the amount of each type of nut in each mixture, and the amount available of each mixture 4. the cost per pound of each mixture b. Letting z be the first of the variables listed in the problem statement, and y the second, write the objective function. 2M c. Graph the feasible region on paper, then list the corner points of the feasible region. (Enter ordered pairs (x,y), separated by commas) (Round any decimals to the hundredths place) d. Test the corner points to find the optimum value of the objective function: The winning corner point is The optimum value of the objective function is A company makes two mixtures of nuts: Mixture A and Mixture B. Mixture A contains 30% peanuts, 30% almonds and 40% cashews and sells for $5.00 per pound. Mixture B contains 30% peanuts, 60% almonds and 10% cashews and sells for $3.25 per pound. The company has 540 pounds of peanuts, 960 pounds of almonds, and 500 pounds of cashews. How many pounds of each of mixtures A and B should the company make to maximize revenue? a. Of the options below, give the number that represents the correct set of variables ? the correct objective function description ? the correct set of constraint descriptions ? 1. the number of pounds of each of mixtures A and B 2. total revenue from selling the mixtures 3, the amount of each type of nut in each mixture, and the amount available of each mixture 4. the cost per pound of each mixture b. Letting z be the first of the variables listed in the problem statement, and y the second, write the objective function. 2M c. Graph the feasible region on paper, then list the corner points of the feasible region. (Enter ordered pairs (x,y), separated by commas) (Round any decimals to the hundredths place) d. Test the corner points to find the optimum value of the objective function: The winning corner point is The optimum value of the objective function is
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a The variables are x pounds of Mixture A and y pounds of Mixture B The objective function is Maximi... View the full answer
Related Book For
College Mathematics for Business Economics Life Sciences and Social Sciences
ISBN: 978-0321614001
12th edition
Authors: Raymond A. Barnett, Michael R. Ziegler, Karl E. Byleen
Posted Date:
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