A soft drinks company has two products which are Coco-cola and Pepsi with profit of $2...

 

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A soft drinks company has two products which are Coco-cola and Pepsi with profit of $2 and $1 per unit. The following table illustrates the labour, equipment and materials to produce per unit of each product. Determine suitable product mix which maximizes the profit using simplex method. Labour Equipment Material Pepsi 3 1 1 Coco- cola 2 2.3 1.4 Total Resources 12 6.9 4.9 A soft drinks company has two products which are Coco-cola and Pepsi with profit of $2 and $1 per unit. The following table illustrates the labour, equipment and materials to produce per unit of each product. Determine suitable product mix which maximizes the profit using simplex method. Labour Equipment Material Pepsi 3 1 1 Coco- cola 2 2.3 1.4 Total Resources 12 6.9 4.9 A soft drinks company has two products which are Coco-cola and Pepsi with profit of $2 and $1 per unit. The following table illustrates the labour, equipment and materials to produce per unit of each product. Determine suitable product mix which maximizes the profit using simplex method. Labour Equipment Material Pepsi 3 1 1 Coco- cola 2 2.3 1.4 Total Resources 12 6.9 4.9 A soft drinks company has two products which are Coco-cola and Pepsi with profit of $2 and $1 per unit. The following table illustrates the labour, equipment and materials to produce per unit of each product. Determine suitable product mix which maximizes the profit using simplex method. Labour Equipment Material Pepsi 3 1 1 Coco- cola 2 2.3 1.4 Total Resources 12 6.9 4.9

Answer rating: 100% (QA)

The companys profit per unit of CocaCola is 2 and its profit per unit of Pepsi is 1 The goal is to determine the optimal product mix ie the number of ... View the full answer