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Chemco produces three products: A, B, and C. They can sell up to 30 pounds of each product at the following prices (per pound): product
Chemco produces three products: A, B, and C. They can sell up to 30 pounds of each product at the following prices (per pound): product A, $10; product B, 512; product C, 520. Chemco purchases raw material at $5/lb. Each pound of raw material can be used to produce either 1 lb of A or 1 lb of B. For a cost of $3/lb processed, product A can be converted to 6 lb of product Band.4 lb of product C. For a cost of $2/lb processed, product B can be converted to .8 lb of product C. Formulate an LP whose solution will tell Chemco how to maximize their profit
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