Jules Candy, Inc has 130 pounds of chocolate-covered cherries and170 pounds of chocolate-covered mints in stock. The company decides to sellthem in the form of two different mixtures. One mixture will contain halfcherries and half mints by weight and will sell for $2.00 per pound. The othermixture will contain one-third cherries and two-thirds mints by weight and willsell for $1.25 per pound. How many pounds of each mixture should JulesCandy, In. prepare in order to maximize its sales revenue?
65 lbs of first... View the full answer
- this will result in $130 + $67.50 for total sales of $197.50
- Nov 13, 2015 at 3:52pm
- Could you please explain how you got this answer so I can understand. Thank you!
- Nov 13, 2015 at 3:55pm
- First we want to start with what we can make the most money on. Than it $200 mix. This is half of 130 for 65 lbs. We can only then make 54 lbs at 1.25 with the remaining ingredients .
- Nov 13, 2015 at 3:59pm
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total mixture = 130 of cherri + 170 of mint if you go for first option of you can sell all 130 cherri and 130... View the full answer