1.How many corner points are there in this LP problem? a. 2 b. 3 c. 4 d.5 e.6 2. Which of the following points is a corner point in the feasible region which provides the optimal solution for this LP problem? a. (0,80) b.(020) c.(60,0) d. (42.86,11.43) e.(0,40) 3. Which of the following is the optimal value of the objective function for the LP model in this problem? a. P15, 000 b. P14, 000 c. P28, 000 d. P14, 715.5 e. P15,000
Ice cream entrepreneurs Tess and Coy produce two types of dairy ice cream products: Chocolate Concussion and Vanilla Brain Freeze. Their chocolate ice cream requires 6 oz milk and 8 oz of peanuts per pint size container while the vanilla option requires 9 oz milk and 5 oz peanuts. They currently enjoy a surplus of all other ingredients required for their ice cream but only have 360 oz of milk and 400 oz of peanuts for this limited production run. The profit is P250 for each pint container of Chocolate Concussion and P350 for each pint container Vanilla Brain Freeze. Tess and Coy would like to know the number of containers each type should produce in order to maximize their profit.
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