=5.8. Ken and Larry, Inc., supplies its ice cream parlors with three flavors of ice cream: chocolate,

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=5.8. Ken and Larry, Inc., supplies its ice cream parlors with three flavors of ice cream: chocolate, vanilla, and banana. Due to extremely hot weather and a high demand for its products, the company has run short of its supply of ingredients: milk, sugar, and cream. Hence, they will not be able to fill all the orders received from their retail outlets, the ice cream parlors. Due to these circumstances, the company has decided to choose the amount of each flavor to produce that will maximize total profit, given the constraints on the supply of the basic ingredients.

The chocolate, vanilla, and banana flavors generate, respectively, $1.00, $0.90, and $0.95 of profit per gallon sold. The company has only 200 gallons of milk, 150 pounds of sugar, and 60 gallons of cream left in its inventory. The linear programming formulation for this problem is shown below in algebraic form.

Let subject to Milk: 0.45C 0.50V 0.40B 200 gallons Sugar: 0.50C 0.40V 0.40B 150 pounds Cream: 0.10C 0.15V 0.20B 60 gallons and This problem was solved using the Excel Solver. The spreadsheet (already solved) and the sensitivity report are shown below.

(Note: The numbers in the sensitivity report for the milk constraint are missing on purpose, since you will be asked to fill in these numbers in part f.)

For each of the following parts, answer the question as specifically and completely as possible without solving the problem again with the Excel Solver. Note: Each part is independent (i.e., any change made to the model in one part does not apply to any other parts).

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