A linear programming computer package is needed. Hilltop Coffee manufactures a coffee product by blending three types of coffee beans. The cost per pound and the available pounds of each bean are as follows. Bean Cost per Pound Available Pounds $0.50 $0.70 $0.45 1 2 3 2 Consumer tests with coffee products were used to provide ratings on a scale of 0-100, with higher ratings indicating higher quality. Product quality standards for the blended coffee require a consumer rating for aroma to be at least consumer rating for taste to be at least 80. The individual ratings of the aroma and taste for coffee made from 100% of each bean are as follows: 3 Bean Aroma Rating Taste Rating 1 75 85 60 lb 85 lb lb 450 87 650 74 450 Assume that the aroma and taste attributes of the coffee blend will be a weighted average of the attributes of the beans used in the blend. (a) What is the minimum-cost blend (in pounds) that will meet the quality standards and provide 1,000 pounds of the blended coffee product? Bean 1 Bean 2 Bean 3
A linear programming computer package is needed. Hilltop Coffee manufactures a coffee product by blending three types of coffee beans. The cost per pound and the available pounds of each bean are as follows. Bean Cost per Pound Available Pounds $0.50 $0.70 $0.45 1 2 3 2 Consumer tests with coffee products were used to provide ratings on a scale of 0-100, with higher ratings indicating higher quality. Product quality standards for the blended coffee require a consumer rating for aroma to be at least consumer rating for taste to be at least 80. The individual ratings of the aroma and taste for coffee made from 100% of each bean are as follows: 3 Bean Aroma Rating Taste Rating 1 75 85 60 lb 85 lb lb 450 87 650 74 450 Assume that the aroma and taste attributes of the coffee blend will be a weighted average of the attributes of the beans used in the blend. (a) What is the minimum-cost blend (in pounds) that will meet the quality standards and provide 1,000 pounds of the blended coffee product? Bean 1 Bean 2 Bean 3
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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