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It's quantitative Exam 1 eBook Problem 7-37 (Algorithmic) The New England Cheese Company produces two cheese spreads by blending mild cheddar cheese with extra sharp

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It's quantitative

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Exam 1 eBook Problem 7-37 (Algorithmic) The New England Cheese Company produces two cheese spreads by blending mild cheddar cheese with extra sharp cheddar cheese. The cheese spreads are packaged in 12-ounce containers, which are then sold to distributors throughout the Northeast. The Regular blend contains 85% mild cheddar and 15% extra sharp, and the Zesty blend contains 75% mild cheddar and 25% extra sharp. This year, a local dairy cooperative offered to provide up to 9000 pounds of mild cheddar cheese for $1.50 per pound and up to 4000 pounds of extra sharp cheddar cheese for $1.70 per pound. The cost to blend and package the cheese spreads, excluding the cost of the cheese, is $0.25 per container. If each container of Regular is sold for $2.00 and each container of Zesty is sold for $2.50, how many containers of Regular and Zesty should New England Cheese produce? Do not round your interim computations. If required, round your answers to the nearest whole number. Let R number of containers of Regular Z = number of containers of Zesty Optimal Solution: R = Z profit - $

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