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Frank's Fluids produces two products: Wolf Cola and Fight Milk. The quantities of the two products sold depend upon the prices at which the
Frank's Fluids produces two products: Wolf Cola and Fight Milk. The quantities of the two products sold depend upon the prices at which the company sells. If Frank's Fluids sells Wolf Cola at p per case, 12 3p cases of Wolf Cola will be sold. If Frank's Fluids sells Fight Milk at p2 per case, 6- 2p2 cases of Fight Milk will be sold. The production costs of Wolf Cola and Fight Milk are c and C per case, respectively. Formulate a non-linear optimization problem to maximize the company's profit from selling the two products.
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Introduction to Operations Research
Authors: Frederick S. Hillier, Gerald J. Lieberman
10th edition
978-0072535105, 72535105, 978-1259162985
