1. You have decided to enter the candy business. You are considering producing two types of candies. Slugger Candy and Easy Out Candy, both of which consist of solely of sugar, nuts and chocolate. At present, you have in stock 100 oz of sugar, 20 oz of nuts, and 30 oz of chocolate. The mixture used to make Easy Out Candy must contain at least 20 % nuts. The mixture used to make Slugger Candy must contain at least 10% nuts and 10% chocolate. Each ounce of Easy Out Candy can be sold for 25 cents, and each ounce of Slugger Candy for 20 cents. Formulate a mathematical model that will enable you to maximize your revenue from candy sales. [Don't need to find the optimal solution!]

Structural Analysis
6th Edition
ISBN:9781337630931
Author:KASSIMALI, Aslam.
Publisher:KASSIMALI, Aslam.
Chapter2: Loads On Structures
Section: Chapter Questions
Problem 1P
icon
Related questions
icon
Concept explainers
Question
1. You have decided to enter the candy business. You are considering producing two
types of candies. Slugger Candy and Easy Out Candy, both of which consist of solely
of sugar, nuts and chocolate. At present, you have in stock 100 oz of sugar, 20 oz of
nuts, and 30 oz of chocolate. The mixture used to make Easy Out Candy must contain
at least 20 % nuts. The mixture used to make Slugger Candy must contain at least
10% nuts and 10% chocolate. Each ounce of Easy Out Candy can be sold for 25 cents,
and each ounce of Slugger Candy for 20 cents. Formulate a mathematical model that
will enable you to maximize your revenue from candy sales. [Don't need to find the
optimal solution!]
Transcribed Image Text:1. You have decided to enter the candy business. You are considering producing two types of candies. Slugger Candy and Easy Out Candy, both of which consist of solely of sugar, nuts and chocolate. At present, you have in stock 100 oz of sugar, 20 oz of nuts, and 30 oz of chocolate. The mixture used to make Easy Out Candy must contain at least 20 % nuts. The mixture used to make Slugger Candy must contain at least 10% nuts and 10% chocolate. Each ounce of Easy Out Candy can be sold for 25 cents, and each ounce of Slugger Candy for 20 cents. Formulate a mathematical model that will enable you to maximize your revenue from candy sales. [Don't need to find the optimal solution!]
Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 3 steps

Blurred answer
Knowledge Booster
Quantity takeoff
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, civil-engineering and related others by exploring similar questions and additional content below.
Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
Structural Analysis
Structural Analysis
Civil Engineering
ISBN:
9781337630931
Author:
KASSIMALI, Aslam.
Publisher:
Cengage,
Structural Analysis (10th Edition)
Structural Analysis (10th Edition)
Civil Engineering
ISBN:
9780134610672
Author:
Russell C. Hibbeler
Publisher:
PEARSON
Principles of Foundation Engineering (MindTap Cou…
Principles of Foundation Engineering (MindTap Cou…
Civil Engineering
ISBN:
9781337705028
Author:
Braja M. Das, Nagaratnam Sivakugan
Publisher:
Cengage Learning
Fundamentals of Structural Analysis
Fundamentals of Structural Analysis
Civil Engineering
ISBN:
9780073398006
Author:
Kenneth M. Leet Emeritus, Chia-Ming Uang, Joel Lanning
Publisher:
McGraw-Hill Education
Sustainable Energy
Sustainable Energy
Civil Engineering
ISBN:
9781337551663
Author:
DUNLAP, Richard A.
Publisher:
Cengage,
Traffic and Highway Engineering
Traffic and Highway Engineering
Civil Engineering
ISBN:
9781305156241
Author:
Garber, Nicholas J.
Publisher:
Cengage Learning