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A food manufacturer is trying to maximize profit by selling wheat-based cereal (C) and wheat bread(B) with raw wheat (W). The production functions are: Cereal: Bread: Constraint: C = 36Wc - 1.5Wc² B = 65WB - 2WB² Wc+ WB = 5,195 Profit is $1.00 per box of cereal and $0.50 per pack of wheat bread. There are 5,195 units of raw wheat available. How much wheat should go to the cereal (W)? Enter as a value. ROUND TO THE NEAREST WHOLE NUMBER.

A food manufacturer is trying to maximize profit by selling wheat-based cereal (C) and wheat bread(B) with raw wheat (W). The production functions are: Cereal: Bread: Constraint: C = 36Wc - 1.5Wc² B = 65WB - 2WB² Wc+ WB = 5,195 Profit is $1.00 per box of cereal and $0.50 per pack of wheat bread. There are 5,195 units of raw wheat available. How much wheat should go to the cereal (W)? Enter as a value. ROUND TO THE NEAREST WHOLE NUMBER.

ENGR.ECONOMIC ANALYSIS
ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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A food manufacturer is trying to maximize profit by selling wheat-based cereal (C) and wheat bread(B) with raw wheat (W). The production functions are: Cereal: Bread: Constraint: C = 36Wc - 1.5Wc² B = 65WB - 2WB² Wc+ WB = 5,195 Profit is $1.00 per box of cereal and $0.50 per pack of wheat bread. There are 5,195 units of raw wheat available. How much wheat should go to the cereal (W)? Enter as a value. ROUND TO THE NEAREST WHOLE NUMBER.
Transcribed Image Text:A food manufacturer is trying to maximize profit by selling wheat-based cereal (C) and wheat bread(B) with raw wheat (W). The production functions are: Cereal: Bread: Constraint: C = 36Wc - 1.5Wc² B = 65WB - 2WB² Wc+ WB = 5,195 Profit is $1.00 per box of cereal and $0.50 per pack of wheat bread. There are 5,195 units of raw wheat available. How much wheat should go to the cereal (W)? Enter as a value. ROUND TO THE NEAREST WHOLE NUMBER.
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