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Romans Food Market, located in Saratoga, New York, carries a variety of specialty foods from around the world. Two of the store's leading products use
Romans Food Market, located in Saratoga, New York, carries a variety of specialty foods from around the world. Two of the store's leading products use the Romans Food Market name: Romans Regular Coffee and Romans DeCaf Coffee. These coffees are blends of Brazilian Natural and Colombian Mild coffee beans, which are purchased from a distributor located in New York City. Because Romans purchases large quantities, the coffee beans may be purchased on an asneeded basis for a price higher than the market price the distributor pays for the beans. The current market price is $ per pound for Brazilian Natural and $ per pound for Colombian Mild. The compositions of each coffee blend are as follows:
Romans sells the Regular blend for $ per pound and the DeCaf blend for $ per pound. Romans would like to place an order for the Brazilian and Colombian coffee beans that will enable the production of pounds of Romans Regular coffee and pounds of Romans DeCaf coffee. The production cost is $ per pound for the Regular blend. Because of the extra steps required to produce DeCaf, the production cost for the DeCaf blend is $ per pound. Packaging costs for both products are $ per pound.
Formulate a linear programming model identify and define decision variables, objective function, and constraints that can be used to determine the amount in pounds of Brazilian Natural and Colombian Mild that will maximize the total contribution to profit. For "Part A you do NOT need to solve this problem using Excel, you just need to do the LP formulation in the standard mathematical format.
Part b bonus worth pts: Solve the LP problem that you formulated in "Part a using Excel. Give the values of each decision variable and the objective function. You MUST attach a copy of the solution report.
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