Question: Q2 Product Mix Problem Instructor Kim wants to start a business. He is sick of studying and want to do independent work for himself. He

Q2 Product Mix Problem Instructor Kim wants to

Q2 Product Mix Problem Instructor Kim wants to

Q2 Product Mix Problem Instructor Kim wants to start a business. He is sick of studying and want to do independent work for himself. He is thinking about cooking business in RBS building. He decides to sell 2 types of steak and 3 types of bacon. For his health, he decides to work no more than 200 hours per week. He also orders boxes for his baking. He orders 2,500 boxes for selling every week. One standard size box can hold either one steak or 5 bacons. His wallet is so shallow so he only has 1000 dollar. Moreover, he can only buy 300 beef chunks and 1500 raw bacon per week. (one chuck = one steak, one raw bacon = one bacon) He surely wants to maximize the profit(net). Baking Time (Hour) Cost 5 Table profit($) Spicy Steak 25 Salty Steak 28 Apple Bacon 11 Maple Bacon 12 Chilly Bacon 13 1.5 1.2 0.5 0.6 0.7 6 2 1 S1 = the amount of spicy steak you produce per week S2 = the amount of salty steak you produce per week B1 = the amount of apple bacon you produce per week B2 = the amount of maple bacon you produce per week B3 = the amount of chilly bacon you produce per week Q2 - (B) With the given decision variables, find 'Labor constraint' & 'Budget constraint'. Labor: 1.55, + 1.292 +0.5B, + 0.6B2 + 0.7B3 s 200 Budget: 105, 1252 + 5B, + 6B2 + 3B:

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