Question: Problem 19S-8 (Algo) C-Town Brewery brews two beers: Expansion Draft and Burning River. Expansion Draft sells for $14 per barrel while Burning River sells for

Problem 19S-8 (Algo)

C-Town Brewery brews two beers: Expansion Draft and Burning River. Expansion Draft sells for $14 per barrel while Burning River sells for $10 per barrel. Producing a barrel of Expansion Draft takes 5 pounds of corn and 8 pounds of hops. Producing a barrel of Burning River requires 2 pounds of corn, 8 pounds of rice, and 7 pounds of hops. The brewery has 770 pounds of corn, 490 pounds of rice, and 320 pounds of hops.

Assuming a linear relationship, use the Excel Solver to determine the optimal mix of Expansion Draft and Burning River that maximizes C-Town's revenue. (Leave no cells blank - be certain to enter "0" wherever required. Round your answers to 2 decimal places.)

Barrels of Expansion Draft:

Barrels of burning river:

Total sales:

Resources used:

Corn:

Rice

Hops

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!