Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Solve the following LP problem using the Solver in MS Excel. Each question carries 6 marks. Upload all your solution in an Excel file. Q1.A

Solve the following LP problem using the Solver in MS Excel. Each question carries 6 marks.

Upload all your solution in an Excel file.

Q1.A candy manufacturer has 130 pounds of chocolate-covered cherries and 170 pounds of chocolate-covered mints in stock. He decides to sell them in the form of two different mixtures. One mixture will contain half cherries and half mints by weight and will sell for $2.00 per pound. The other mixture will contain one-third cherries and two-thirds mints by weight and will sell for $1.25 per pound. How many pounds of each mixture should the candy manufacturer prepare in order to maximize his sales revenue?

the revise : this is an assignment given to us and we should answer it like any other assignment uploaded by other users and it is answered here by the tutors in this website

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_2

Step: 3

blur-text-image_3

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

Business Mathematics

Authors: Gary Clendenen, Stanley A Salzman, Charles D Miller

12th Edition

0135109787, 9780135109786

More Books

Students also viewed these Mathematics questions