Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Part 4 A health food chain blends its food supplements from ingredients supplied by health food store wholesalers. The chain sells the HiPro mix for
Part 4 A health food chain blends its food supplements from ingredients supplied by health food store wholesalers. The chain sells the HiPro mix for 3 per pound, VitaPro for 4 , and health for 2 per pound. Other data for these three products are as follows: Sales Product lb/Month HiPro (%) 1000 VitaPro 1500 Health Protein Vitamin A Vitamin C (IU/lb) (mg/lb) 10 200 10 4000 10000 2 300 600 300 500 Four different ingredients are used to blend these products. Data for the ingredients are as follows: Cost Protein (%) Vitamin A (IU/lb) Vitamin C Product /Lb (mg/lb) Protein Mix 0.70 20 100 50 Powdered A 0.85 0.0 40000 0.0 Powdered C 0.90 0.0 0.0 5000 Organic Filler 0.05 1.0 20 10 1) How many pounds of each ingredient should the chain buy each month to maximize profit? 2) How much profit will it make per month on all three products? 3) Interpret the output
Step by Step Solution
There are 3 Steps involved in it
Step: 1
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