Question: Variables and Formulas Product 2 9 : Thuringer Rostbratwurst, costing $ 5 8 each. Product 5 9 : Raclette Courdavault, costing $ 3 0 each.

Variables and Formulas
Product 29: Thuringer Rostbratwurst, costing $58 each.
Product 59: Raclette Courdavault, costing $30 each.
Product 38: Cote de Blaye, costing $100 each.
Total budget: $250,000.
Minimum stock for Product 59: 1000 units.
Maximum stock for Product 38: 2000 units.
Concepts
Linear Programming: A mathematical optimization technique used to find the best possible solution for a problem with multiple constraints.
Objective Function: A mathematical expression that represents the goal of the problem, in this case, the total profit.
Constraints: Restrictions on the variables, such as the budget and stock requirements.
Main Body
Let's define the variables and set up the linear programming problem:
Step 1: Define the Variables
Let x1 be the number of units of Product 29, x2 be the number of units of Product 59, and x3 be the number of units of Product 38.
Step 2: Formulate the Objective Function
The objective is to maximize the total profit, which is given by:
Profit =58x1+30x2+100x3
Step 3: Define the Constraints
Budget constraint: 58x1+30x2+100x3<=250,000
Stock constraint for Product 59: x2>=1000
Stock constraint for Product 38: x3<=2000
Step 4: Solve the Linear Programming Problem
To find the optimal solution, we can use a linear programming solver or software. The solution will provide the optimal values for x1, x2, and x3, which represent the number of units for each product.
Final Answer
To ensure maximum profit, the optimal quantity for each product is determined by solving the linear programming problem. The solution will provide the number of units for each product (x1, x2, and x3). The potential revenue amount can be calculated by substituting the optimal values into the objective function: Profit =58x1+30x2+100x3.
Please note that the actual values will depend on the specific linear programming solver or software used.
How would this look in excel

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