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d. Formulate this same model algebraically. e. Use the graphical method by hand to solve this model.

d. Formulate this same model algebraically. e. Use the graphical method by hand to solve this model.

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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2.22. Ralph Edmund loves steaks and potatoes. Therefore, he has decided to go on a steady diet of only these two foods (plus some liquids and vitamin supplements) for all his meals. Ralph realizes that this isn't the healthiest diet, so he wants to make sure that he eats the right quantities of the two foods to satisfy some key nutritional requirements. He has obtained the follow- ing nutritional and cost information. Grams of Ingredient per Serving Ingredient Carbohydrates Protein Fat Cost per serving Steak 5 20 15 $4 Potatoes 15 LON 5 2 $2 Daily Requirement (grams) ≥ 50 > 40 <60 Ralph wishes to determine the number of daily servings (may be fractional) of steak and potatoes that will meet these require- ments at a minimum cost. 2 i 2 n
Transcribed Image Text:2.22. Ralph Edmund loves steaks and potatoes. Therefore, he has decided to go on a steady diet of only these two foods (plus some liquids and vitamin supplements) for all his meals. Ralph realizes that this isn't the healthiest diet, so he wants to make sure that he eats the right quantities of the two foods to satisfy some key nutritional requirements. He has obtained the follow- ing nutritional and cost information. Grams of Ingredient per Serving Ingredient Carbohydrates Protein Fat Cost per serving Steak 5 20 15 $4 Potatoes 15 LON 5 2 $2 Daily Requirement (grams) ≥ 50 > 40 <60 Ralph wishes to determine the number of daily servings (may be fractional) of steak and potatoes that will meet these require- ments at a minimum cost. 2 i 2 n
d. Formulate this same model algebraically. e. Use the graphical method by hand to solve this model.
Transcribed Image Text:d. Formulate this same model algebraically. e. Use the graphical method by hand to solve this model.
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