Customers buy 11 units of regular beer and 9 units of light beer monthly. The brewery decides to produce extra beer, beyond that needed to satisfy the customers. The cost per unit of regular beer is $33,000 and the cost per unit of light beer is $36000. Every unit of regular beer brings in $100,000 in revenue, while every unit of light beer brings in $300,000 in revenue. The brewery wants at least $7,000,000 in revenue. At least 22 additional units of beer can be sold. How much of each type should be made so as to minimize total production cost.
Customers buy 11 units of regular beer and 9 units of light beer monthly. The brewery decides to produce extra beer, beyond that needed to satisfy the customers. The cost per unit of regular beer is $33,000 and the cost per unit of light beer is $36000. Every unit of regular beer brings in $100,000 in revenue, while every unit of light beer brings in $300,000 in revenue. The brewery wants at least $7,000,000 in revenue. At least 22 additional units of beer can be sold. How much of each type should be made so as to minimize total production cost.
Advanced Engineering Mathematics
10th Edition
ISBN:9780470458365
Author:Erwin Kreyszig
Publisher:Erwin Kreyszig
Chapter2: Second-order Linear Odes
Section: Chapter Questions
Problem 1RQ
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Customers buy 11 units of regular beer and 9 units of light beer monthly. The brewery decides to produce extra beer, beyond that needed to satisfy the customers. The cost per unit of regular beer is $33,000 and the cost per unit of light beer is $36000. Every unit of regular beer brings in $100,000 in revenue, while every unit of light beer brings in $300,000 in revenue. The brewery wants at least $7,000,000 in revenue. At least 22 additional units of beer can be sold. How much of each type should be made so as to minimize total production cost.
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