Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Kristina makes two types of chocolates, mint, and caramel. She forecasts the demand for at least 80 caramel and 120 mint chocolates daily. She can

Kristina makes two types of chocolates, mint, and caramel. She forecasts the demand for at least 80 caramel and 120 mint chocolates daily. She can only make at most 120 caramel chocolates and 140 mint chocolates daily. To be profitable she must sell at least 240 chocolates daily.

Each mint chocolate sold results in a profit of R0.75 and each caramel chocolate produces R0.88 profit.

Compute the maximum revenue that can be generated in a day?

(Round up the answer i.e no decimals)

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

Recommended Textbook for

Quantitative Analysis For Management

Authors: Barry Render, Ralph M. Stair, Michael E. Hanna

11th Edition

9780132997621, 132149117, 132997622, 978-0132149112

More Books

Students also viewed these General Management questions

Question

For the following exercises, evaluate the factorial. 100!/99!

Answered: 1 week ago