Practice_OptCandy

Practice_OptCandy - chocolate. At present you have in stock...

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Problem 3.6 Mixing candy SMA page 168, problem 45 Selling price of candies (per ounce) Slugger Easy Out $0.40 $0.50 Production plan (amounts of inputs into each candy) Slugger Easy Out Total used Available Sugar 6000 4000 10000 <= 10000 Nuts 1000 1000 2000 <= 2000 Chocolate 3000 0 3000 <= 3000 Produced 10000 5000 Nut lower bounds Chocolate lower bound Slugger Easy Out Slugger 10% 20% 10% Nut constraints Chocolate constraint Slugger Easy Out Slugger 3000 >= 1000 1000 1000 <= <= Actual totals 1000 1000 Required Total revenue $6,500 You have decided to enter the candy business. You are considering producing two types of candies: Slugger candy and Easy Out candy, both of which consist solely of sugar, nuts, and
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Unformatted text preview: chocolate. At present you have in stock 10,000 ounces of sugar, 2000 ounces of nuts, and 3000 ounces of chocolate. The mixture used to make Easy Out candy must contain at least 20% nuts. The mixture used to make Slugger candy must contain at least 10% nuts and 10% chocolate. Each ounce of Easy Out candy can be sold for $0.50, and each ounce of Slugger candy for $0.40. Determine how you can maximize your revenue from candy sales. (Answer: Total Revenue $6,500) A B C D E F G H I J K L M N O 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26...
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This note was uploaded on 04/30/2008 for the course BUS-X 201 taught by Professor Goodrich during the Spring '08 term at Indiana.

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