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Mathematics, 13.03.2020 02:24 johndiaz26

"The owner of Chips etc. produces two kinds of chips: lime (L) and vinegar (V). He has a limited amount of the three ingredients used to produce these chips available for his next production run: 4800 ounces of salt, 9600 ounces of flour, and 2000 ounces of herbs. A bag of lime chips requires 2 ounces of salt, 6 ounces of flour, and 1 ounce of herbs to produce; while a bag of vinegar chips requires 3 ounces of salt, 8 ounces of flour, and 2 ounces of herbs. Profits for a bag of lime chips are $0.40, and for a bag of vinegar chips $0.50"

Required:
What is the formulation for this problem? Suppose that L and V are the decision variables respectively of Lime and Vinegar.

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"The owner of Chips etc. produces two kinds of chips: lime (L) and vinegar (V). He has a limited amo...
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