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Real - Juice, a manufacturer of diet drinks, is planning to introduce a special drink that will magically burn away fat. The drink is a
RealJuice, a manufacturer of diet drinks, is planning to introduce a special drink that will magically burn away fat. The drink is a bit expensive, but RealJuice guarantees that a person using this diet plan will lose up to pounds in just weeks. The drink is made up of four mystery ingredients ingredients A B C and D The plan calls for a person to consume at least three ounce doses per day ie At least ounces per day
Each of the four ingredients contains different levels of three chemical compounds chemicals X Y and Z Health regulations mandate that the dosage consumed per day should contain minimum prescribed levels of chemicals X and Y and should not exceed maximum prescribed levels for the third chemical, Z
The composition of the four ingredients in terms of the chemical compounds units per ounce is shown in table along with the unit cost prices of the ingredients. RealJuice wants to find the optimal way to mix the ingredients to create the drink, at minimum cost per daily dose.
Ingredient A Ingredient B Ingredient C Ingredient D Requirements
Chemical X At least units
Chemical Y At least units
Chemical Z At most units
COST PER OUNCE $ $ $ $
REQUIRED:
a Formulate a linear programming model for this problem.
b Solve this model by using the computer.
c State the optimal solution to the problem.
d What constraints are nonbinding?
e Interpret the nonzero shadow prices in your output constraint table.
f RealJuice can decrease the minimum requirements for chemical X by units, provided that the maximum limit allowed for chemical Z is reduced to units. Is this tradeoff cost effective for RealJuice to implement?
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