Consider a chocolate manufacturing company which produces only two types of chocolate – A and B. Both the chocolates require Milk and Choco only. To manufacture each unit of A and B, following quantities are required: Each unit of A requires 1 unit of Milk and 3 units of Choco Each unit of B requires 1 unit of Milk and 2 units of Choco The company kitchen has a total of 5 units of Milk and 12 units of Choco. On each sale, the company makes a profit of Rs 6 per unit A sold Rs 5 per unit B sold. Now, the company wishes to maximize its profit. How many units of A and B should it produce respectively? (Use linear programing for this study)
Consider a chocolate manufacturing company which produces only two types of chocolate – A and B. Both the chocolates require Milk and Choco only. To manufacture each unit of A and B, following quantities are required: Each unit of A requires 1 unit of Milk and 3 units of Choco Each unit of B requires 1 unit of Milk and 2 units of Choco The company kitchen has a total of 5 units of Milk and 12 units of Choco. On each sale, the company makes a profit of Rs 6 per unit A sold Rs 5 per unit B sold. Now, the company wishes to maximize its profit. How many units of A and B should it produce respectively? (Use linear programing for this study)
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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Consider a chocolate manufacturing company which produces only two types of chocolate – A and B. Both the chocolates require Milk and Choco only. To manufacture each unit of A and B, following quantities are required:
Each unit of A requires 1 unit of Milk and 3 units of Choco
Each unit of B requires 1 unit of Milk and 2 units of Choco
The company kitchen has a total of 5 units of Milk and 12 units of Choco. On each sale, the company makes a profit of
Rs 6 per unit A sold
Rs 5 per unit B sold.
Now, the company wishes to maximize its profit. How many units of A and B should it produce respectively? (Use linear programing for this study)
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