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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 7600 Pounds to Produce Total Profit= $14200 Duke Grey 22000 Breakfast

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 7600 Pounds to Produce Total Profit= $14200 Duke Grey 22000 Breakfast

Practical Management Science
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, $0.30 for Duke Grey, and $0.45 for breakfast. The firm's regular weekly supplies are 19,000 pounds of Indian tea leaves, 22,000 pounds of Chinese tea leaves, and 17,000 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 7600 Pounds to Produce Total Profit = $ 14200 Example Get more he Duke Grey 22000 Tea Blends Data Quality Premium Duke Grey Breakfast Breakfast Tea Leaves (percent) Tea Leaves (percent) Indian 40% 30% 40% Print Chinese 20% 50% 40% Done California 40% 20% 20% I X Clear all Check answer
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, $0.30 for Duke Grey, and $0.45 for breakfast. The firm's regular weekly supplies are 19,000 pounds of Indian tea leaves, 22,000 pounds of Chinese tea leaves, and 17,000 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 7600 Pounds to Produce Total Profit = $ 14200 Example Get more he Duke Grey 22000 Tea Blends Data Quality Premium Duke Grey Breakfast Breakfast Tea Leaves (percent) Tea Leaves (percent) Indian 40% 30% 40% Print Chinese 20% 50% 40% Done California 40% 20% 20% I X Clear all Check answer
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