Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Yummy Creamy is a New York based company that manufactures and distributes ice-cream across tri-state area. The product line includes 2 main flavors -

Yummy Creamy is a New York based company that manufactures and distributes ice-cream across tri-state area.

Yummy Creamy is a New York based company that manufactures and distributes ice-cream across tri-state area. The product line includes 2 main flavors - Purple Delight (PD) and Choco- Chips (CC). On selling 1 unit of each flavor, profit earned is - Flavor Purple Delight (PD) Choco-Chips (CC) Given the fact that Yummy Creamy is a newly introduced establishing brand in the area and the nature of the product, they want to limit the stock in the market maximum to: PD-250 and CC - 400 Ingredients required to manufacture each unit of the ice cream is as follows: Flavor PD CC Profit per Unit (S) $5.00 $5.30 Milk 0.1 0.3 Total available resources are: Ingredients Milk Sugar Cream Sugar 0.05 0.1 Availability 150 130 15 Cream 0.03 0.02 Yummy Creamy needs to determine how many units of each flavor to manufacture to maximize its weekly profit.

Step by Step Solution

3.38 Rating (160 Votes )

There are 3 Steps involved in it

Step: 1

This is a linear programming problem where we need to maximize the profit within the given constrain... 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

Management Accounting

Authors: Leslie G. Eldenburg, Albie Brooks, Judy Oliver, Gillian Vesty, Rodney Dormer, Vijaya Murthy, Nick Pawsey

4th Edition

0730369382, 978-0730369387

More Books

Students also viewed these Finance questions