Charlie is producing two types of chocolate at his factory. His White Chocolates have 20% cocoa butter and 55% sugar. His Dark Chocolates have 35% cocoa solids, 15% cocoa butter and 30% sugar. He has 600 pounds of cocoa butter. He needs to order the cocoa solids from a producer in Ghana who requires a minimum order of 210 pounds to make a shipment. His sugar order from Brazil should be at least 660 pounds. If he makes a profit of $5 on every pound of White Chocolate and $18 on every pound of Dark Chocolate, what production level will maximize his profits? Would you say white chocolate is still chocolate?
Charlie is producing two types of chocolate at his factory. His White Chocolates have 20% cocoa butter and 55% sugar. His Dark Chocolates have 35% cocoa solids, 15% cocoa butter and 30% sugar. He has 600 pounds of cocoa butter. He needs to order the cocoa solids from a producer in Ghana who requires a minimum order of 210 pounds to make a shipment. His sugar order from Brazil should be at least 660 pounds. If he makes a profit of $5 on every pound of White Chocolate and $18 on every pound of Dark Chocolate, what production level will maximize his profits? Would you say white chocolate is still chocolate?
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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Charlie is producing two types of chocolate at his factory. His White Chocolates have 20% cocoa butter and 55% sugar. His Dark Chocolates have 35% cocoa solids, 15% cocoa butter and 30% sugar. He has 600 pounds of cocoa butter. He needs to order the cocoa solids from a producer in Ghana who requires a minimum order of 210 pounds to make a shipment. His sugar order from Brazil should be at least 660 pounds. If he makes a profit of $5 on every pound of White Chocolate and $18 on every pound of Dark Chocolate, what production level will maximize his profits?
Would you say white chocolate is still chocolate?
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