Best Wishes Company is a mail-order company that delivers gift baskets for businesses and individuals. They currently offer four kinds of gourmet cheese gift baskets: Four cheese, Cheddars, Party Box, and Nachos Blend. Each of these different gift baskets comprises a different combination of cheeses, as indicated in the following table. The far right column of the table shows the amount of each type of cheese that is available on a daily basis. The bottom row of the table contains the unit earnings for each type of gift basket. The company wishes to determine how many baskets of each type to produce in order to maximize the total earnings contribution.
Best Wishes Company is a mail-order company that delivers gift baskets for businesses and individuals. They currently offer four kinds of gourmet cheese gift baskets: Four cheese, Cheddars, Party Box, and Nachos Blend. Each of these different gift baskets comprises a different combination of cheeses, as indicated in the following table. The far right column of the table shows the amount of each type of cheese that is available on a daily basis. The bottom row of the table contains the unit earnings for each type of gift basket. The company wishes to determine how many baskets of each type to produce in order to maximize the total earnings contribution.
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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Best Wishes Company is a mail-order company that delivers gift baskets for businesses and individuals. They currently offer four kinds of gourmet cheese gift baskets: Four cheese, Cheddars, Party Box, and Nachos Blend. Each of these different gift baskets comprises a different combination of cheeses, as indicated in the following table. The far right column of the table shows the amount of each type of cheese that is available on a daily basis. The bottom row of the table contains the unit earnings for each type of gift basket.
The company wishes to determine how many baskets of each type to produce in order to maximize the total earnings contribution.
Transcribed Image Text:Mild Cheddar
(oz.)
Sharp cheddar
(oz.)
Swiss (oz.)
Four
cheese
basket
4
4
4
Monterey Jack 4
(oz.)
Contribution to 6.99
Earnings ($/
basket)
Cheddars Party Box
Basket
basket
8
8
0
7.99
4
0
4
4
5.99
Nachos
Blend basket
0
6
0
6
8.99
Daily
Availability
(oz)
500
300
450
350
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