Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Melony has developed a way to produce fuel for farm equipment. She plans to make it and sell it to local farmers. She can
Melony has developed a way to produce fuel for farm equipment. She plans to make it and sell it to local farmers. She can make a bio-fuel which has less emissions and less bi-product on crops and she can make a synthetic fuel. Local farmers can buy from Melony instead of big fuel companies who drive the price up and have high taxes. She sells the bio-fuel for $7 a gallon and sells the synthetic fuel for $4 a gallon. The bio-fuel uses 2.75 quarts of ingredient A, 1.25 quarts of ingredient B. The synthetic fuel uses 2 quarts of ingredient B and 2 quarts of ingredient C to make a gallon. She has 30 quarts of A, 50 quarts of B, and 30 quarts of C available. X - # of gallons of bio-fuel to produce X2 - # of gallons of synthetic fuel to produce Max profit Z= Profit bio-fuel*X + Profit of Synthetic *X St. 2.75X1 Ingredient A 1.25X1 + 2X
Step by Step Solution
★★★★★
3.46 Rating (156 Votes )
There are 3 Steps involved in it
Step: 1
Biofuel Sells for 7gallon Uses 275 quarts of Ingredient A per gallon Uses 125 quarts of Ingr...Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started