6 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 domesticCalifornia 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 are20,000 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 modelto 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.)PremiumDuke GreyBreakfastPounds to ProduceTotal Profit = $ Tea Blends DataTea Leaves (percent)Tea Leaves (percent)QualityIndianChineseCaliforniaPremium40%20%40%Duke Grey30%50%20%Breakfast40%40%20%PrintDone

Answered: Complete the table below to indicate…

Practical Management Science

6th Edition

ISBN:9781337406659

Author:WINSTON, Wayne L.

Publisher:WINSTON, Wayne L.

Chapter2: Introduction To Spreadsheet Modeling

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Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...

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Ch. 8 Q1
Q.6. What are the two types of decision making?
1. (30 pts.) A company that manufactures three products, A, B, and C, using three machines, M1, M2, and M3, wants to determine the optimal production schedule that maximizes the total profit. Product has to be processed by machines M1, M2, and M3, product B requires M1 and M3, while product Crequires M1 and M2. The unit profits on the three products are $4, $2, and $5, respectively. The following linear program is formulated to determine the optimal product mix: Maximize Z=4x+2x2+5x3 5.L x+2x2+ x ≤430 (Machine 1) 3x + 2x ≤ 460 (Machine 2) x+4x2 ≤450 (Machine 3) and 11.12.20 where x1, x2, and xs are the amounts of products A. B, and C and the constraints reflect the available capacities of M1, M2, and M3. The optimum solution for the problem is as follows: optimal solution: -0, -100, x-230 optimal value: maximum profit, Z=1350 shadow prices: 1.0, 2.0, and 0.0 for constraints 1, 2 and 3 respectively reduced costs: for x 3.0, for x = 0, for x)=0 RANGES ON RIGHT-HAND-SIDE (RHS) CONSTRAINTS…
Q. 1. Calculate the amount of water required (kg/hr) in a heat exchanger that cools down 100 kg/h of corn slurry from 90 °C to 30 °C. The slurry contains 30% solids from a corn variety having 70% starch, 10% protein, 4% oil, 10% fiber and 6% ash on a dry basis. The inlet water temperature is 10 °C and the heated water temperature is not to exceed 40 °C. The datum temperature for this problem should be assumed to be 10 °C? Q. 2. Using the corn dry grind process, how much theoretical ethanol yield (in gallons) can be obtained from a 100 bushels corn sample having 12% moisture content and containing 70% starch on a dry basis? ""
Q.12. Profits do not have to be shared. This statement refers to:A. PartnershipB. Sole proprietorshipC. CompanyD. Corporates. Select one
1.
Q.11. A public transport corporation has hired 2000 buses for the different routes for the passengers of metropolitan city. In order to fill vacancies, it advertised in the newspaper and number of applicants applied for the same. The company has to now undertake the process of selection to identify and select the best. Explain the steps involved in this process.
<. FROM T. I 13 Paragraph Styles A company produces its automobile model in three plants located in Flint, Michigan; Fresno, California; and Monterrey, Mexico. The cars are distributed to dealers through the regional distribution centers located in Phoenix, Arizona; Davenport, Iowa; and Columbia, South Carolina. Anticipated production at the plants over the next month is 3,300 cars at Flint, 2,600 cars at Fresno, and. 3,100 cars at Monterrey. Based on firm orders and other requests from dealers, the company has decided that it needs to have the following numbers of cars at the regional distribution centers at the end of the month: Phoenix - 2,600 cars; Davenport- 2,800 cars; and Columbia – 3,000 cars. | In order to deal more effectively with unforeseen events (such as the road closing), the company has established two transshipment points between the plants and the regional distribution centers. The two transshipment points are located at Santa Fe, New Mexico, and Jefferson City,…
119-What relationship does market share have with earnings? Higher market share, higher earnings Higher market share, lower earnings Both A and B Neither A or B
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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 = $