Question: I am looking for a solution in Excel. Please show formulas: The Fresh Turkey Company produces two types of turkey cutlets for sale to fast
I am looking for a solution in Excel. Please show formulas:
The Fresh Turkey Company produces two types of turkey cutlets for sale to fastfood restaurants. Each type of cutlet consists of white meat and dark meat. Cutlet sells for $ a pound and must consist of at least white meat. Cutlet sells for $ per pound and must consist of at least white meat. At most, pounds of cutlet and pounds of cutlet two can be sold. The two types of turkey sued to manufacture the cutlets are purchased form a turkey farm. Each type turkey costs $ and yields six pounds of white meat and two pounds of dark meat. Each type turkey costs $ and yields three pounds of white meat and three pounds of dark meat.
a Determine how to maximize Fresh Turkeys profit. Please include your answer report with the model, and a description of your recommendation.
b Use SolverTable to determine how a change in the cost per pound of type turkey changes the optimal profit. Specifically, vary the cost from $ to $ in steps of $ and explain the results.
c We would now like to change the required percentage of white meat in cutlet between and in steps of as well as the number of pounds of cutlet that can be sold. Change the number of pounds of cutlet that can be sold between and in steps of Comment on the changes in the optimal profit.
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