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50% . Problem 2.4 (Production scheduling): Ms. Caffe, a coffee processor, markets three blends of coffee: Brand X, Minim, and Taster's Reject. She uses two

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50% . Problem 2.4 (Production scheduling): Ms. Caffe, a coffee processor, markets three blends of coffee: Brand X, Minim, and Taster's Reject. She uses two types of coffee beans (i.e., Colombian and Mexican) in her coffee. The following chart lists the compositions of the blends and the selling prices per pound: Blend 1. Brand X 2. Minimin 3. Taster's Reject Supply 1. Colombian 80% 30% 25,000 pounds 2. Mexican 20% 50% 70% 30,000 pounds Selling price/pound $2.60 $2.50 $2.30 Ms. Caffe has purchased 25,000 pounds of Colombian beans at 90 cents per pound and 30,000 pounds of Mexican beans at 50 cents per pound. Unused Colombian beans can be sold at the same cost to another processor, but unused Mexican beans can be sold only for 35 cents per pound. Due to warehouse space limitations, she must dispose of all unused beans. All three products have the same production and packaging costs of $1.20 per pound. She is interested in finding the production schedule that will maximize the net profit. (6 points) (b) What is the amount of unused Colombian beans under the optimal production schedule? (c) If the selling price of Brand X is increased to $2.80 per pound, what is the optimal production schedule? 50% . Problem 2.4 (Production scheduling): Ms. Caffe, a coffee processor, markets three blends of coffee: Brand X, Minim, and Taster's Reject. She uses two types of coffee beans (i.e., Colombian and Mexican) in her coffee. The following chart lists the compositions of the blends and the selling prices per pound: Blend 1. Brand X 2. Minimin 3. Taster's Reject Supply 1. Colombian 80% 30% 25,000 pounds 2. Mexican 20% 50% 70% 30,000 pounds Selling price/pound $2.60 $2.50 $2.30 Ms. Caffe has purchased 25,000 pounds of Colombian beans at 90 cents per pound and 30,000 pounds of Mexican beans at 50 cents per pound. Unused Colombian beans can be sold at the same cost to another processor, but unused Mexican beans can be sold only for 35 cents per pound. Due to warehouse space limitations, she must dispose of all unused beans. All three products have the same production and packaging costs of $1.20 per pound. She is interested in finding the production schedule that will maximize the net profit. (6 points) (b) What is the amount of unused Colombian beans under the optimal production schedule? (c) If the selling price of Brand X is increased to $2.80 per pound, what is the optimal production schedule

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