Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Question 1 5 pts Creepy Chocolate Factory produces two kinds of chocolate drinks (Coco Milk Rich and Coco Milk Lite) that require milk and

image text in transcribed

Question 1 5 pts Creepy Chocolate Factory produces two kinds of chocolate drinks (Coco Milk Rich and Coco Milk Lite) that require milk and cocoa powder. The owner wants to determine how many litres of each product to be produced to maximise the profit. For each litre of Coco Milk Rich, 0.7 litres of milk and 150 grams of cocoa powder are required. On the other hand, each litre of Coco Milk Lite requires 0.9 litres of milk and 50 grams of cocoa powder to make. The company has 63 litres of milk and 6 kilograms of coca powder in its inventory. Each litre of Coco Milk Rich, up to 30 litres, gives a profit of $10. Any excess over 30 litres of Coco Milk Rich brings no extra profit. Each litre of Coco Milk Lite gives a profit of $20. Fun fact: approximately 1 gram of cocoa powder is equal to 0.002 litres. (a) Formulate the problem as a linear programming (LP) problem. [2 points] Hint: Denote X as the volume (litres) of Coco Milk Rich and X2 as the volume (litres) of Coco Milk Lite to be produced. (b) Solve this LP problem graphically. What is the maximum total profit? [3 points] X2 100 90 80 70 60 50 40 30 20 10- # 0 10 20 30 40 50 60 70 80 90 100 X Instructions: . Right-click to download the graph above as a PNG file and use Microsoft Whiteboard to overlay your answers on it. Then save it as a new PNG file and upload it under the text box (See the illustration below).

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

Operations Management Creating Value Along the Supply Chain

Authors: Roberta S. Russell, Bernard W. Taylor

7th Edition

9781118139523, 0470525908, 1118139526, 978-0470525906

More Books

Students also viewed these General Management questions