You have decided to enter the candy business. You are considering producing two types of candies: Slugger
Question:
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 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 $1.20, and each ounce of Slugger candy for $1.40.
a. Determine how you can maximize your revenue from candy sales.
b. Use SolverTable to determine how changes in the price of Easy Out change the optimal solution.
c. Use SolverTable to determine how changes in the amount of available sugar change the optimal solution.
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