Question: LP Problem 2 Two products are made by blending three raw materials according to these specifications: Material Price/Pound Product 1 2 3 A 10% 30%
LP Problem 2
Two products are made by blending three raw materials according to these specifications:
|
| Material |
Price/Pound | |||
| Product |
| ||||
| 1 | 2 | 3 | |||
|
| |||||
| A | 10% | 30% | 80% | $12.00 | |
| B | 30% | 20% | 60% | $15.00 | |
| Matl Avail | 4000 | 6000 | 10,000 |
| |
| Matl Cost | $3.00 | $2.00 | $1.00 |
| |
All manufacturing costs, other than material, are assumed to be $2.00 per pound regardless of the product or blend. Determine the blend to use for each product and the quantities of each to produce each week to obtain maximum profits.
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