Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Exhibit3.3 Jack'sdistilleryblendsscotchesforlocalbarsandsaloons.Oneofhiscustomershasrequestedaspecialblendofscotchtargetedasabarscotch.Thecustomerwantstheblendtoinvolvetwoscotchproducts,callthemAandB.ProductAisahigherqualityscotchwhileproductBisacheaperbrand.Thecustomerwantstomaketheclaimtheblendisclosertohighqualitythanthealternative.Thecustomerwants501500mlbottlesoftheblend.Eachbottlemustcontainatleast48%ofProductAandatleast500mlofB.Thecustomeralsospecifiedthattheblendhaveanalcoholcontentofatleast85%.ProductAcontains95%alcoholwhileproductBcontains78%.Theblendissoldfor$12.50perbottle.ProductAcosts$7perliterandproductBcosts$3perliter.Thecompanywantstodeterminetheblendthatwillmeetthecustomer'srequirementsandmaximizeprofit. Let X1=NumberoflitersofproductAintotalblenddeliveredX2=NumberoflitersofproductBintotalblenddelivered MIN: 7X1+3X2 Subjectto: X1+X2=1.5*50(Totallitersofmix) X10.48*1.5*50(X1minimum) X20.5*50(X2minimum) .0.95X1+0.78X20.85*1.5*50(85%alcoholminimum)X1,X20 A B C D E 1 Jacks'Distillery 2 3 A B 4 Literstouse TotalCost:

Exhibit3.3

Jack'sdistilleryblendsscotchesforlocalbarsandsaloons.Oneofhiscustomershasrequestedaspecialblendofscotchtargetedasabarscotch.Thecustomerwantstheblendtoinvolvetwoscotchproducts,callthemAandB.ProductAisahigherqualityscotchwhileproductBisacheaperbrand.Thecustomerwantstomaketheclaimtheblendisclosertohighqualitythanthealternative.Thecustomerwants501500mlbottlesoftheblend.Eachbottlemustcontainatleast48%ofProductAandatleast500mlofB.Thecustomeralsospecifiedthattheblendhaveanalcoholcontentofatleast85%.ProductAcontains95%alcoholwhileproductBcontains78%.Theblendissoldfor$12.50perbottle.ProductAcosts$7perliterandproductBcosts$3perliter.Thecompanywantstodeterminetheblendthatwillmeetthecustomer'srequirementsandmaximizeprofit.

Let X1=NumberoflitersofproductAintotalblenddeliveredX2=NumberoflitersofproductBintotalblenddelivered

MIN: 7X1+3X2

Subjectto: X1+X2=1.5*50(Totallitersofmix)

X10.48*1.5*50(X1minimum)

X20.5*50(X2minimum)

.0.95X1+0.78X20.85*1.5*50(85%alcoholminimum)X1,X20

A

B

C

D

E

1

Jacks'Distillery

2

3

A

B

4

Literstouse

TotalCost:

5

Unitcost:

10.5

4.5

6

7

Constraints:

Supplied

Requirement

8

TotalLiters

1

1

75

9

Arequired

1

36

10

Brequired

1

25

11

85%alcohol

0.95

0.78

63.75

RefertoExhibit3.3.WhatformulashouldbeenteredincellD11intheaccompanyingExcelspreadsheettocomputethetotallitersofalcoholsupplied?

A.

=B4*B5+C4*C5

B.

=SUMPRODUCT(B11:C11,$B$4:$C$4)

C.

=SUM(B5:C5)

D.

=SUM(E8:E10)

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Students also viewed these General Management questions

Question

Exhibit3.3...

Answered: 1 week ago