2. A home-based meat loaf factory makes two special meat loafs by mixing pork meat and beef meat. The first mixture uses 30% pork meat and 70% beef meat, while the second mixture uses 60% pork meat and 40% beef meat. There are 1000 lbs of pork meat and 1500 lbs beef meat available. If the profit for the first mixture of meat loaf is $0.60 per lb and for the second mixture is $0.50 lb, find the number of lbs of each mixture that should be produced in order to maximize the profit.
2. A home-based meat loaf factory makes two special meat loafs by mixing pork meat and beef meat. The first mixture uses 30% pork meat and 70% beef meat, while the second mixture uses 60% pork meat and 40% beef meat. There are 1000 lbs of pork meat and 1500 lbs beef meat available. If the profit for the first mixture of meat loaf is $0.60 per lb and for the second mixture is $0.50 lb, find the number of lbs of each mixture that should be produced in order to maximize the profit.
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
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Transcribed Image Text:2. A home-based meat loaf factory makes two special meat loafs by mixing pork
meat and beef meat. The first mixture uses 30% pork meat and 70% beef meat,
while the second mixture uses 60% pork meat and 40% beef meat. There are
1000 lbs of pork meat and 1500 lbs beef meat available. If the profit for the
first mixture of meat loaf is $0.60 per lb and for the second mixture is $0.50
lb, find the number of lbs of each mixture that should be produced in order to
maximize the profit.
1
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