Question: uickbrush Paint Company is developing a linear program to determine the optimal quantities of ingredient A and ingredient B to blend together to make oil
uickbrush Paint Company is developing a linear program to determine the optimal quantities of ingredient A and ingredient B to blend together to make oilbase and waterbase paint. The oilbase paint contains percent A and percent B whereas the waterbase paint contains percent A and percent B Quickbrush currently has gallons of ingredient A and gallons of ingredient B in inventory and cannot obtain more at this time. Assuming that x represents the number of gallons of oilbase paint, and y represents the gallons of waterbase paint, which constraint is correctly represents the constraint on ingredient A
Group of answer choices
x y
A B
x y
x y
Boat
Variable Cost
Selling Price
Bass
$
$
Ski
Speed
The company has incurred fixed costs of $ to set up its manufacturing operation and begin production. Lakeside has also entered into agreements with several boat dealers in the region to provide a minimum of bass boats, ski boats, and speedboats. Alternatively, the company is unsure of what actual demand will be so it has decided to limit production to no more than of any one boat. The company wants to determine the number of boats that it must sell to break even while minimizing its total variable cost.
Formulate a linear programming model for this problem.
Solve the model by using Solver in Excel
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