A small candy shop is preparing for the holiday season. The owner must decide how many bags of deluxe mix and how many bags of standard mix of Peanut/Raisin Delite to put up. The deluxe mix has .75 pounds of raisins and .25 pounds of peanuts, and the standard mix has 0.53 pounds of raisins and 0.47 pounds of peanuts per bag. The shop has 90 pounds of raisins and 45 pounds of peanuts to work with.Peanuts cost $0.77 per pound and raisins cost $1.85 per pound. The deluxe mix will sell for $3.2 for a one-pound bag, and the standard mix will sell for $2.3 for a one-pound bag. The owner estimates that no more than 92 bags of one type can be sold.a. If the goal is to maximize profits, how many bags of each type should be prepared? Please answer with explanation. ASAPI will really upvote. Thanks A small candy shop is preparing for the holiday season. The owner must decide how many bags of deluxe mix and how many bags ofstandard mix of Peanut/Raisin Delite to put up. The deluxe mix has .75 pounds of raisins and .25 pounds of peanuts, and the standardmix has 0.53 pounds of raisins and 0.47 pounds of peanuts per bag. The shop has 90 pounds of raisins and 45 pounds of peanuts towork with.Peanuts cost $0.77 per pound and raisins cost $1.85 per pound. The deluxe mix will sell for $3.2 for a one-pound bag, and thestandard mix will sell for $2.3 for a one-pound bag. The owner estimates that no more than 92 bags of one type can be sold.a. If the goal is to maximize profits, how many bags of each type should be prepared? (Round your answers down to a wholenumber.)DeluxeStandard

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Answered: A small candy shop is preparing for the…

Advanced Engineering Mathematics

10th Edition

ISBN:9780470458365

Author:Erwin Kreyszig

Publisher:Erwin Kreyszig

Chapter2: Second-order Linear Odes

Section: Chapter Questions

Problem 1RQ

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A small candy shop is preparing for the holiday season. The owner must decide how many bags of deluxe mix and how many bags of standard mix of Peanut/Raisin Delite to put up. The deluxe mix has .75 pounds of raisins and .25 pounds of peanuts, and the standard mix has 0.53 pounds of raisins and 0.47 pounds of peanuts per bag. The shop has 90 pounds of raisins and 45 pounds of peanuts to work with.

Peanuts cost $0.77 per pound and raisins cost $1.85 per pound. The deluxe mix will sell for $3.2 for a one-pound bag, and the standard mix will sell for $2.3 for a one-pound bag. The owner estimates that no more than 92 bags of one type can be sold.

a. If the goal is to maximize profits, how many bags of each type should be prepared?

Please answer with explanation. ASAP

I will really upvote. Thanks