Question: Based on 3.8 problem 7: Eli Daisy uses chemicals 1 and 2 to produce two drugs. Drug 1 must be at least 70% chemical 1,

Based on 3.8 problem 7: Eli Daisy uses chemicals 1 and 2 to produce two drugs.

Drug 1 must be at least 70% chemical 1, and Drug 2 must be at least 60% chemical 2.

Up to 112 oz of Drug 1 can be sold at $8 per oz; up to 84 oz of Drug 2 can be sold at $6 per oz.

Up to 126 oz of chemical 1 can be purchased at $5 per oz, and up to 110 oz of chemical 2 can be purchased at $4 per oz.

Formulate an LP that can be used to maximize profits.

Suggestion for one decision variable: x12 for oz of Chem1 in Drug 2

What is the (value of the) optimal profit? z =

How much of Drug 1 will be produced?

How much of Chemical 2 will be purchased?

Based on 3.8 problem 7: Eli Daisy uses chemicals 1 and 2 to produce two drugs. Drug 1 must be at least 70\% chemical 1, and Drug 2 must be at least 60% chemical 2. Up to 112 oz of Drug 1 can be sold at $8 per oz; up to 84 oz of Drug 2 can be sold at $6 per oz. Up to 126 oz of chemical 1 can be purchased at $5 per oz, and up to 110 oz of chemical 2 can be purchased at $4 per oz. Formulate an LP that can be used to maximize profits. Suggestion for one decision variable: 12 for oz of Chem 1 in Drug 2 What is the (value of the) optimal profit? z= How much of Drug 1 will be produced? How much of Chemical 2 will be purchased

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