1. A small wine group owns two wineries. Winery 1 costs $ 25,000 per day to operate and it can produce 300 barrels of high-quality grape wine, 200 barrels of medium-quality grape wine, and 150 barrels of low-quality grape wine. Winery 2 is just recent with modern technology for wine processing. It costs $30,000 per day to operate, and it can produce 300 barrels of high-quality grape wine, 250 barrels of medium-quality grape wine, and 400 barrels of low-quality grape wine. The company has orders totaling 35,000 barrels of high-quality grape wine, 30,000 barrels of medium-quality grape wine, and 40,000 barrels of low- quality grape wine. How many days should the company run each winery to minimize the costs and still meets its orders?
1. A small wine group owns two wineries. Winery 1 costs $ 25,000 per day to operate and it can produce 300 barrels of high-quality grape wine, 200 barrels of medium-quality grape wine, and 150 barrels of low-quality grape wine. Winery 2 is just recent with modern technology for wine processing. It costs $30,000 per day to operate, and it can produce 300 barrels of high-quality grape wine, 250 barrels of medium-quality grape wine, and 400 barrels of low-quality grape wine. The company has orders totaling 35,000 barrels of high-quality grape wine, 30,000 barrels of medium-quality grape wine, and 40,000 barrels of low- quality grape wine. How many days should the company run each winery to minimize the costs and still meets its orders?
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
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Transcribed Image Text:1. A small wine group owns two wineries. Winery 1 costs $ 25,000 per day to
operate and it can produce 300 barrels of high-quality grape wine, 200 barrels of
medium-quality grape wine, and 150 barrels of low-quality grape wine. Winery
2 is just recent with modern technology for wine processing. It costs $30,000
per day to operate, and it can produce 300 barrels of high-quality grape wine,
250 barrels of medium-quality grape wine, and 400 barrels of low-quality grape
wine. The company has orders totaling 35,000 barrels of high-quality grape
wine, 30,000 barrels of medium-quality grape wine, and 40,000 barrels of low-
quality grape wine. How many days should the company run each winery to
minimize the costs and still meets its orders?
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