Answered step by step
Verified Expert Solution
Link Copied!

Question

00
1 Approved Answer

JuiceCo produces three types of canned juice drinks, A, B and C, using fresh strawberries, grapes and apples. The daily supply is limited to 200

JuiceCo produces three types of canned juice drinks, A, B and C, using fresh strawberries, grapes and apples. The daily supply is limited to 200 tons of strawberries, 100 tons of grapes and 150 tons of apples. The cost per ton of strawberries, grapes and apples is $200, $ 100 and $90 respectively. Each ton makes 1500 lb of strawberry juice, 1200 lb of grape juice and 1000 lb of apple juice. Drink A is a 1:1 mix of strawberry and apple juice. Drink B is 1:1:2 mix of strawberry, grape and apple juice. Drink C is a 2:3 mix of grape and apple juice. All drinks are canned in 16-oz (1 lb) cans. The price per can is $1.15, $1.25 and $1.20 for drinks A, B and C, respectively. Formulate an LP model to maximize the profit. State everything clearly. You can assume non-integer. Solve your model via Excel

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered 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