Business, 15.10.2020 09:01 anayamulay
Romans Food Market carries a variety of specialty foods from around the world. Two of the stores leading products are: Romans Regular Coffee and Romans DeCaf Coffee. These coffees are blends of Brazilian Natural and Colombian Mild coffee beans. The current price is $0.517 per pound for Brazilian Natural and $0.682 per pound for Colombian Mild. The compositions of each coffee blend are as follows:
Blend
Bean Regular Decaf
Brazilian Natural 75% 40%
Columbian Mild 25% 60%
Romans sells the Regular blend for $3.60 per pound and the DeCaf blend for $4.40 per pound. Romans would like to place an order for the Brazilian and Colombian coffee beans that will enable the production of 1,200 pounds of Romans Regular coffee and 700 pounds of Romans DeCaf coffee. The production cost is $0.80 per pound for the Regular blend. Because of the extra steps required to produce DeCaf, the production cost for the DeCaf blend is $1.05 per pound. Packaging costs for both products are $0.25 per pound.
Required:
a. Formulate a linear programming model that can be used to determine the pounds of Brazilian Natural and Colombian Mild that will maximize the total contribution to profit.
b. What is the optimal solution and profit?
Answers: 3
Business, 21.06.2019 22:10
Sarah needs to complete financial aid packets. during which school year would she do this? sophomore freshman senior junior
Answers: 2
Business, 22.06.2019 20:30
The former chairman of the federal reserve, alan greenspan, used the term "irrational exuberance" in 1996 to describe the high levels of optimism among stock market investors at the time. stock market indexes such as the s& p composite price index were at an all-time high. some commentators believed that the fed should intervene to slow the expansion of the economy. why would central banks want to clamp down when the economy is growing? a. to block the formation of unsustainable speculative asset bubbles. b. to curtail excessive profits in the banking system. c. to prevent inflationary forces from gathering momentum. d. all of the above. e. a and c only.
Answers: 3
Business, 22.06.2019 21:00
After hearing a knock at your front door, you are surprised to see the prize patrol from a large, well-known magazine subscription company. it has arrived with the good news that you are the big winner, having won $21 million. you have three options.(a) receive $1.05 million per year for the next 20 years.(b) have $8.25 million today.(c) have $2.25 million today and receive $750,000 for each of the next 20 years.your financial adviser tells you that it is reasonable to expect to earn 13 percent on investments.
Answers: 3
Business, 22.06.2019 22:10
Asupermarket has been experiencing long lines during peak periods of the day. the problem is noticeably worse on certain days of the week, and the peak periods are sometimes different according to the day of the week. there are usually enough workers on the job to open all cash registers. the problem is knowing when to call some of the workers stocking shelves up to the front to work the checkout counters. how might decision models the supermarket? what data would be needed to develop these models?
Answers: 2
Romans Food Market carries a variety of specialty foods from around the world. Two of the stores lea...
Physics, 25.09.2020 14:01
Computers and Technology, 25.09.2020 14:01
Mathematics, 25.09.2020 14:01
Mathematics, 25.09.2020 14:01
Mathematics, 25.09.2020 14:01
Business, 25.09.2020 14:01
Mathematics, 25.09.2020 14:01
Mathematics, 25.09.2020 14:01
Mathematics, 25.09.2020 14:01
Social Studies, 25.09.2020 14:01
Arts, 25.09.2020 14:01
Health, 25.09.2020 14:01