Complete the table below to indicate the number of pounds of each type of tea leaf to produce to optimize the profit, and then give the total profit earned. (Round to the nearest whole number as needed.) Premium Duke Grey Breakfast Pounds to Produce Total Profit = $

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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The International Chef, Inc., markets three blends of oriental tea: premium, Duke Grey, and breakfast. The firm uses tea leaves from India, China, and new domestic
California sources. Net profit per pound for each blend is $0.50 for premium, $0.35 for Duke Grey, and $0.45 for breakfast. The firm's regular weekly supplies are
20,000 pounds of Indian tea leaves, 23,000 pounds of Chinese tea leaves, and 14,000 pounds of California tea leaves. Develop and solve a linear optimization model
to determine the optimal mix to maximize profit.
Click here to view the tea blends data.
.....
Complete the table below to indicate the number of pounds of each type of tea leaf to produce to optimize the profit, and then give the total profit earned.
(Round to the nearest whole number as needed.)
Premium
Duke Grey
Breakfast
Pounds to Produce
Total Profit = $
Transcribed Image Text:The International Chef, Inc., markets three blends of oriental tea: premium, Duke Grey, and breakfast. The firm uses tea leaves from India, China, and new domestic California sources. Net profit per pound for each blend is $0.50 for premium, $0.35 for Duke Grey, and $0.45 for breakfast. The firm's regular weekly supplies are 20,000 pounds of Indian tea leaves, 23,000 pounds of Chinese tea leaves, and 14,000 pounds of California tea leaves. Develop and solve a linear optimization model to determine the optimal mix to maximize profit. Click here to view the tea blends data. ..... Complete the table below to indicate the number of pounds of each type of tea leaf to produce to optimize the profit, and then give the total profit earned. (Round to the nearest whole number as needed.) Premium Duke Grey Breakfast Pounds to Produce Total Profit = $
Tea Blends Data
Tea Leaves (percent)
Tea Leaves (percent)
Quality
Indian
Chinese
California
Premium
40%
20%
40%
Duke Grey
30%
50%
20%
Breakfast
40%
40%
20%
Print
Done
Transcribed Image Text:Tea Blends Data Tea Leaves (percent) Tea Leaves (percent) Quality Indian Chinese California Premium 40% 20% 40% Duke Grey 30% 50% 20% Breakfast 40% 40% 20% Print Done
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