Nature's Best Frozen Foods company produces four different mixes of frozen ready-to-eat vegetables. The mixes consist of
Question:
Nature's Best Frozen Foods company produces four different mixes of frozen ready-to-eat vegetables. The mixes consist of five different vegetables: carrots, mushrooms, green peppers, broccoli, and corn. The company manufactures four different mixes each sold in 10 oz. bags. The mixes are: "Stir Fry," "Barbecue," "Hearty Mushrooms," and "Veggie Crunch," and their contributions to earnings (per bag) are $0.22, $0.20, $0.18, and $0.18, respectively. The monthly supplies of carrots, mushrooms, green peppers, broccoli, and corn are 150,000 oz., 80,000 oz., 135,000 oz., 140,000 oz., and 150,000 oz. per month, respectively. The compositions of the mixes are shown in Table below. For example, one bag of "Stir Fry" mix contains 2.5 oz. of carrots, 3.0 oz. of mushrooms, 2.5 oz. of green peppers, 2.0 oz. of broccoli, and no corn. The company can sell all the mixes that they produce.
Required
a) Solve the linear optimization model (on the computer). What is the optimal product mix?
b) What is the value of an extra ounce of green peppers?
A Survey Of Mathematics With Applications
ISBN: 9780135740460
11th Edition
Authors: Allen R. Angel, Christine D. Abbott, Dennis Runde