subject
Business, 26.09.2019 16:30 enriqueliz1680

The white horse apple products company purchases apples from local growers and makes applesauce, apple jelly and apple juice. it costs 60¢to produce a jar of applesauce, 70¢to produce a jar of apple jellyand 85¢to produce a bottle of apple juice. the company has a policy that at least 20% but no more than60% of its output must be applesauce. the company wants to meet but not exceed the demand for each product. the marketing managerestimates that the demand for applesauce is 5,000 jars plus an additional 3 jars for every $1 spent onadvertising. the demand for apple jelly is estimated to be 4,500 jars plus an additional 4 jars for every$1 spent on advertising apple jelly. the demand for apple juice is estimated to be 4,000 bottles plus anadditional 5 bottles for every $1 spent on promoting apple juice. the company has a budget of $26,000to spend on producing and advertising applesauce, apple jelly and apple juice. applesauce sells for $1.45per jar, apple jelly sells for $1.55 per jar and apple juice sells for $1.75 per bottle. the company wants tomaximize its profit. a.[6 points]formulate alinear programming modelfor this problem. your model must bealgebraic. b.[6 points]solve the problem using gams.

ansver
Answers: 2

Another question on Business

question
Business, 22.06.2019 12:40
Alarge tank is filled to capacity with 500 gallons of pure water. brine containing 2 pounds of salt per gallon is pumped into the tank at a rate of 5 gal/min. the well-mixed solution is pumped out at the same rate. find the number a(t) of pounds of salt in the tank at time t.
Answers: 3
question
Business, 22.06.2019 17:30
An essential element of being receptive to messages is to have an open mind true or false
Answers: 2
question
Business, 22.06.2019 22:20
Which of the following is one disadvantage of renting a place to live compared to buying a home? a. tenants have to pay for all repairs to the building. b. the landlord covers the expenses of maintaining the property. c. residents can't alter their living space without permission. d. rent is generally more than monthly mortgage payments.
Answers: 1
question
Business, 23.06.2019 01:10
Mountain mouse makes freeze-dried meals for hikers. one of mountain mouse's biggest customers is a sporting goods superstore. every 66 days, mountain mouse checks the inventory level at the superstore and places an order to restock the meals. these meals are delivered by ups in 55 days. average demand during the reorder period and order lead time is 8585 meals, and the standard deviation of demand during this same time period is about 1919 meals.calculate the restocking level for mountain mouse. assume that the superstore wants a 95\% service level. what happens to the restocking level if the superstore wants a higher level of service-say, 99]%? the restocking level for the 95% service level is 117 mealssuppose there are 25 meals in the superstore when mountain mouse checks inventory levels. how many meals should be ordered, assuming a 95% service level?
Answers: 3
You know the right answer?
The white horse apple products company purchases apples from local growers and makes applesauce, app...
Questions
question
Mathematics, 29.05.2020 04:58