A brewery produces regular beer and a lower-carbohydrate "'light" beer. Steady customers of the brewery buy 12 units of regular beer and 18 units of light beer monthly. While setting up the brewery to produce the beers, the management decides to produce extra beer, beyond that needed to satisfy customers. The cost per unit of regular beer is $32,000 and the cost per unit of light beer is $60,000. Every unit of regular beer brings in $100,000 in revenue, while every unit of light beer brings in $300,000 in revenue. The brewery needs at least $9,000,000 in revenue, and has determined that the total demand will be at least 50 units of beer. Complete parts (a) and (b). (a) How much of each type of beer should be made so as to minimize total production costs? ◻️units of regular beer and◻️ units of light beer should be made, for a minimum total cost of $◻️
A brewery produces regular beer and a lower-carbohydrate "'light" beer. Steady customers of the brewery buy 12 units of regular beer and 18 units of light beer monthly. While setting up the brewery to produce the beers, the management decides to produce extra beer, beyond that needed to satisfy customers. The cost per unit of regular beer is $32,000 and the cost per unit of light beer is $60,000. Every unit of regular beer brings in $100,000 in revenue, while every unit of light beer brings in $300,000 in revenue. The brewery needs at least $9,000,000 in revenue, and has determined that the total demand will be at least 50 units of beer. Complete parts (a) and (b). (a) How much of each type of beer should be made so as to minimize total production costs? ◻️units of regular beer and◻️ units of light beer should be made, for a minimum total cost of $◻️
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
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A brewery produces regular beer and a lower-carbohydrate "'light" beer. Steady customers of the brewery buy 12 units of regular beer and 18 units of light beer monthly. While setting up the brewery to produce the
beers, the management decides to produce extra beer, beyond that needed to satisfy customers. The cost per unit of regular beer is $32,000 and the cost per unit of light beer is $60,000. Every unit of regular beer
brings in $100,000 in revenue, while every unit of light beer brings in $300,000 in revenue. The brewery needs at least $9,000,000 in revenue, and has determined that the total demand will be at least 50 units of
beer. Complete parts (a) and (b).
(a) How much of each type of beer should be made so as to minimize total production costs?
◻️units of regular beer and◻️
units of light beer should be made, for a minimum total cost of $◻️
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