Question: need help with practice problem! 3.4 pays for the beans. The current market price is $0.47 per pound for Brazilian Natural and $0.62 per pound

 need help with practice problem! 3.4 pays for the beans. The

need help with practice problem! 3.4

pays for the beans. The current market price is $0.47 per pound for Brazilian Natural and $0.62 per pound for Colombian Mild. The compositions of each coffee blend are as follows. beans purchased to produce DeCaf, CR= pounds of Colombian beans purchased to produce Regular, and CD= pounds of Colombian beans purchased to produce DeCaf.) Max2.033BR+2.583BD+1.868CR+2.418CD s.t. Regular \% constraint DeCaf \% constraint Pounds of Regular Pounds of DeCaf (b) What is the optimal solution? (BR,BD,CR,CD)=() (c) What is the contribution to profit (in \$)? (Round your answer to two decimal places.) $ pays for the beans. The current market price is $0.47 per pound for Brazilian Natural and $0.62 per pound for Colombian Mild. The compositions of each coffee blend are as follows. beans purchased to produce DeCaf, CR= pounds of Colombian beans purchased to produce Regular, and CD= pounds of Colombian beans purchased to produce DeCaf.) Max2.033BR+2.583BD+1.868CR+2.418CD s.t. Regular \% constraint DeCaf \% constraint Pounds of Regular Pounds of DeCaf (b) What is the optimal solution? (BR,BD,CR,CD)=() (c) What is the contribution to profit (in \$)? (Round your answer to two decimal places.) $

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!