Question 1. Busch Gardens Sweets is preparing for the Halloween rush. They prepare two sizes of Peanut/Raisin Ghoulish Delight and need to calculate how many bags of deluxe and standard mixes they can produce. The deluxe mix takes 0.9 of a pound of raisins and 0.4 of a pound of peanuts. The standard mix takes 0.7 of a pound of raisins and 0.6 of a pound of peanuts. The shop has 100 pounds of raisins and 70 pounds of peanuts. The profit on the deluxe mix is $1.80 and the standard mix profit is $1.60. The owner wants no more than 110 bags of each type prepared. Do not forget the non-negativity constraint and remember that you cannot sell partial bags (whole numbers only). Use Excel Solver (as demonstrated in the lecture) to determine the following a. The or timal number of Deluxe Mix to prepare. b. The optimal number of Regular Mix to prepare. c. What is the optimal profit? d. How many pounds of raisins are needed to achieve optimal profit?
Question 1. Busch Gardens Sweets is preparing for the Halloween rush. They prepare two sizes of Peanut/Raisin Ghoulish Delight and need to calculate how many bags of deluxe and standard mixes they can produce. The deluxe mix takes 0.9 of a pound of raisins and 0.4 of a pound of peanuts. The standard mix takes 0.7 of a pound of raisins and 0.6 of a pound of peanuts. The shop has 100 pounds of raisins and 70 pounds of peanuts. The profit on the deluxe mix is $1.80 and the standard mix profit is $1.60. The owner wants no more than 110 bags of each type prepared. Do not forget the non-negativity constraint and remember that you cannot sell partial bags (whole numbers only). Use Excel Solver (as demonstrated in the lecture) to determine the following a. The or timal number of Deluxe Mix to prepare. b. The optimal number of Regular Mix to prepare. c. What is the optimal profit? d. How many pounds of raisins are needed to achieve optimal profit?
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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Please answer Question 1
Transcribed Image Text:**Question 1.** Busch Gardens Sweets is preparing for the Halloween rush. They prepare two sizes of Peanut/Raisin Ghoulish Delight and need to calculate how many bags of deluxe and standard mixes they can produce.
- The deluxe mix takes 0.9 of a pound of raisins and 0.4 of a pound of peanuts.
- The standard mix takes 0.7 of a pound of raisins and 0.6 of a pound of peanuts.
The shop has 100 pounds of raisins and 70 pounds of peanuts.
The profit on the deluxe mix is $1.80 and the standard mix profit is $1.60. The owner wants no more than 110 bags of each type prepared.
Do not forget the non-negativity constraint and remember that you cannot sell partial bags (whole numbers only).
Use Excel Solver (as demonstrated in the lecture) to determine the following:
| | |
|---|---|
| **a.** The optimal number of Deluxe Mix to prepare. | |
| **b.** The optimal number of Regular Mix to prepare. | |
| **c.** What is the optimal profit? | |
| **d.** How many pounds of raisins are needed to achieve optimal profit? | |
Transcribed Image Text:**Question 2: Uploading an Excel Spreadsheet Screenshot**
To complete this task, follow these steps:
1. **Take a Screenshot**: Use the snipping tool (or another screenshot tool) to capture your Excel spreadsheet. Ensure that the screenshot is clear and legible.
2. **Save Your Screenshot**: Store the file on your computer.
3. **Upload the Screenshot**: Click on the image icon below to upload your saved screenshot. Make sure the file size is sufficient for readability.
(Note: This section is meant for instructional purposes, guiding users on how to accurately capture and upload spreadsheet data for analysis or review.)
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